Friday, March 5, 2021

Mahalaxmi Life organises AML training

Kathmandu, Mar. 4

Mahalaxmi Life Insurance Limited has organised training on anti-money laundering and terrorism activities for its employees.

All chiefs of branches of the company in Bagmati Province attended the training. Senior Assistance Director General of Mahalaxmi Life Sapana Kharel trained the employees on the methods and techniques of earning illegal money and laundering it through insurance, ways to identify the money earned from criminal and terrorist activities, and methods to report dubious transactions.

The employees were also trained on insurance products and its sales area, effective underwriting techniques and strategy to reach rural areas, said the company in a statement on Thursday.

These topics were facilitated by deputy chief executive officers duo Kamal Panthi and Remeshwor Shrestha, chief of Marketing Department Prashant Raj Dhamala and chief of Underwriting Department Prabhakar Neupane.

The company has planned to organise similar training for employees at the provincial offices.

Published in The Rising Nepal daily on 5 March 2021. 

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