Banking News – The participation of women in higher positions within the financial sector has significantly increased in recent years. The number of female leaders in this sector is growing, and they are setting examples by proving that dedication, patience, and hard work can lead to success, and that women are equally capable of leadership roles. The growing involvement of women in the insurance sector, especially in leadership positions, is serving as an inspiration and encouragement for many others.

One such name in the insurance sector that cannot be overlooked is Anju Shrestha, the Chief Executive Officer (CEO) of Himalayan Everest Insurance. On October 16, 2081, she was appointed as the CEO for the next four years, marking another significant achievement in the industry, where more women are assuming leadership roles.

Born in Indrachok, Kathmandu, Anju had a joyful childhood in a family of five, including her parents and two brothers. From a young age, Anju had a strong sense of self-advocacy and believed she deserved the same privileges as her brothers. Known for her bold and fearless nature, Anju was always determined to assert her rights.

After continuing her studies at Banasthali, Anju went to India for further education, where she completed her schooling up to grade 12. Upon returning to Nepal, she pursued her Bachelor’s degree at People’s Campus and her Master’s at Shankar Dev College. With a background in Commerce, Anju initially considered a career in banking and sought opportunities at Himalayan Bank, but her growing interest in the insurance sector led her to enter this field instead.

Anju began her career in the insurance industry as an Assistant Officer at Himalayan Insurance. Over time, her dedication and work ethic earned her recognition as a hardworking and honest individual. Today, after 30 years, she holds the position of CEO at the same company, fulfilling her responsibilities at the helm.

Reflecting on her early days in the insurance sector, Anju recalls that when she started, the environment was more conducive to learning and working in the industry. “When I began my career, the atmosphere in the insurance sector was very supportive. However, over time, the situation has changed, and the insurance market has become more challenging,” she recalls.

Anju considers herself a person who believes in doing her best and trusting the process. She has consistently held onto this belief throughout her career, emphasizing the importance of fulfilling her duties with integrity rather than focusing on the opinions of others. Her extensive coordination with foreign markets has made her more familiar with international insurance practices than with the local market.

“Embrace Challenges and Build Your Capabilities”

Anju believes that women face challenges not only in the insurance sector but in various fields. However, she is focused on overcoming these challenges through proper management and determination. She acknowledges that while women may be given more freedom at home, in society, and at work, the problems they face remain the same. She recalls that during her early days, the support she received from male colleagues was positive and motivating, making her feel fortunate.

In recent times, however, Anju believes that working under male leadership has become more difficult. She stresses that she has never shied away from challenges in the insurance industry, and she encourages other women to become more active and assertive in their professional roles. Anju believes that both men and women should be given roles based on their skills and competence, and she strives to create a working environment where everyone can thrive, regardless of gender.

“Plans for Women-Centric Insurance Policies”

Recently, the focus in the insurance industry has shifted from just business to innovation in insurance policies as well. Recognizing the growing demand, Anju is planning to introduce policies specifically designed for women, aiming to enhance the scope of insurance products in the market. “To expand the scope of insurance in the market, we need to create policies that address the unique needs of women. I believe this could bring some positive changes to the insurance market,” she says.

In her free time, Anju enjoys reading various Nobel award-winning books while managing her busy office schedule and spending time with her family. Over the years, she has gained valuable experience in the insurance industry and believes that the field is not just for individuals but contributes significantly to the nation. This is why her focus is more on state-centered policies rather than individual benefits.

(This article is part of the Banking News’ special weeklong series for International Women’s Day (March 8 / Falgun 24), featuring interviews with women in leadership roles in the banking and insurance sectors.)