Sharad Ojha Appointed as Youngest Chairman of Nepal Insurance Authority

Sharad Ojha has been appointed as the new chairman of the Nepal Insurance Authority (NIA). The decision was made during the Cabinet meeting held on Monday evening. At 33 years old, Ojha becomes the youngest individual to lead the regulatory body in its history.

The selection process involved a recommendation committee that shortlisted five candidates. Following the presentation of work plans and interviews at the Ministry of Finance on Falgun 10, three names were forwarded to the Cabinet for final selection. Based on evaluation scores, Ojha ranked first, followed by Ram Sharan Pudasaini and Damodar Basoula. Ultimately, the government chose Ojha for the role.

Ojha brings 12 years of experience in communication, legal advocacy, and corporate leadership. He has previously worked as a policy and legal advisor for organizations such as the Confederation of Nepalese Industries (CNI) and the Federation of Nepalese Chambers of Commerce and Industry (FNCCI). Additionally, he was involved in drafting Nepal’s Tourism Policy 2081. His academic background includes a master’s degree in management and a bachelor’s degree in both law and management.

Beyond his professional experience, Ojha has contributed as a faculty member at multiple institutions, including Apex College, Kathmandu College of Management, and Nepal Academy of Tourism and Hotel Management (NATHM). His expertise spans business law, financial policy, monetary policy, revenue administration, and economic analysis. Ojha is expected to assume office and take the oath of office shortly.