Securities Board of Nepal Appoints New Chairman Dr. Gopal Bhatta

Summary

Dr. Gopal Bhatta has been appointed as the new chairman of the Securities Board of Nepal to complete the remaining tenure and resolve irregularities in the capital market.

Key Points
  • Dr. Gopal Bhatta appointed chairman of the Securities Board of Nepal after a two-month vacancy.
  • Bhatta is an expert in banking and capital market with previous roles including executive director at Nepal Rastra Bank.
  • His tenure will last until Mangsir 9, 2085, completing the term of his predecessor Santoshnarayan Shrestha.
  • He faces challenges including resolving market irregularities, technology upgrades, and managing a large IPO pipeline over 90 billion rupees.
Article image