Nirmala Devi Manandhar was the CEO of N.B. insurance company is one of the insurance companies involving in non life insurance in the country. It commenced the insurance business from 2057-10-19. About 55 administrative staffs are working in this company to provide insurance facilities all over the country. Right now, it has seven branch offices scattered in different geographic regions.
Ms. Manandhar had been the Senior Deputy General Manager of Prudential Insurance Co. Ltd. Prudential Insurance Company Limited is a public limited company registered on November 30, 2000 under the Company Act, 2063. The Company’s registered office is located at Birgunj, Parsa. It is a General Insurance Company established in Nepal having registered office at Birgunj-4, Parsa and the corporate office at Kamaladi Complex, Kamaladi, Kathmandu. It has obtained the license to conduct general insurance business from Beema Samiti on June 20, 2002. The share of the company is listed on the Nepal Stock Exchange.
In addition, she has major contribution to the Nepal Insurance Company. Nepal Insurance Company Limited, a pioneer non-life insurance company of Nepal was established on 1947 A.D. by Nepal Bank Limited (the first commercial Bank) and the general public with 51% and 49% shares respectively.
In the beginning, the name of this company was "Nepal Malchalani Tatha Beema Company" and had changed its name as "Nepal Insurance & Transport Company Ltd." on 1959 A.D. Now its name is "Nepal Insurance Company Ltd." since 1991 A.D.
Currently, she is the Independent Director of Sagarmatha Insurance Company.