Kanchan Sapkota Appointed as Acting CEO of CDS and Clearing Limited
Summary
Kanchan Sapkota has been appointed as the Acting CEO of CDS and Clearing Limited following the removal of the former CEO, with a focus on maintaining operational stability and supporting ongoing digitalization in Nepal's capital market.
Key Points
- Kanchan Sapkota appointed Acting CEO of CDS and Clearing Limited after Purna Prasad Panthi's removal.
- CDSC is the central depository for shares in Nepal and handles electronic securities registration and trade settlements.
- NEPSE, the parent organization of CDSC, decided to replace the previous CEO to improve governance.
- Sapkota, an internal manager, is tasked with maintaining operational stability during the transition.
