Three Member Committee Formed to Recommend New Securities Board Leadership
Summary
The Government of Nepal has formed a three-member committee led by Dr. Gunakar Bhatta to recommend candidates for the new Chairperson of the Securities Board of Nepal following a leadership vacancy.
Key Points
- The Government of Nepal formed a three-member recommendation committee for selecting a new Chairperson of SEBON.
- Dr. Gunakar Bhatta, Vice Chairman of the National Planning Commission, will lead the committee.
- The committee includes Finance Secretary Ghanshyam Upadhyaya and former Nepal Bankers' Association President Bhuvan Kumar Dahal.
- The move follows the resignation of SEBON's Chairperson Santosh Narayan Shrestha and aims to clear the backlog of IPO and share approvals.
