SEBON Chairman Santosh Narayan Shrestha to Resign
Summary
Santosh Narayan Shrestha, Chairman of the Securities Board of Nepal (SEBON), has announced his intention to resign following pressure from government officials.
Key Points
- Santosh Narayan Shrestha, Chairman of SEBON, communicated his intention to resign to board members.
- He has faced repeated pressure from government officials, including former Finance Minister Rameshwor Khanal.
- The Securities Act requires the chairman to submit the resignation to the Government of Nepal for approval.
- Shrestha has not yet formally submitted his resignation to the Finance Ministry.
