The CEO of Mahalaxmi Life Insurance has teamed with the National Association of Financial Journalists to announce a Rs 1 lakh annual reward for financial journalists.

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Mr. Ramesh Kumar Bhattarai, the CEO of Mahalaxmi Life Insurance, has teamed with the Nepalese Association of Journalists (NAFIJ) to establish an annual reward of Rs 1 lakh for financial journalists in Nepal.

 

According to a media statement, CEO Mr. Bhattarai has made a contribution of Rs 10 lakh to NAFIJ, which will recognize the most outstanding journalist in Nepal with a cash prize of Rs 1 lakh each year under the title Shradha Dhundiraj annual NAFIJ Financial Journalist prize in memory of his father and mother.

The Memorandum of Understanding for this arrangement was signed on Mangsir 1, 2078, by the Chairman of NAFIJ, Mr. Modnath Dhakal, and the CEO, Mr. Bhattarai.

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