SEBON Chairperson Selection: Three Candidates Called for Interview
Thu, Nov 14, 2024 8:38 AM on Stock Market, National, Latest,
Three prominent candidates have been shortlisted for the role of Chairperson of the Securities Board of Nepal (SEBON). The selected individuals are Krishna Bahadur Karki, current CEO of the Nepal Stock Exchange (NEPSE); Chiranjibi Chapagain, former Chairman of the Insurance Board; and Dr. Nabaraj Adhikari, Executive Director of SEBON. Their interviews are set for Mangsir 09 at 8:00 AM.
Originally, the interview process had been scheduled for Ashoj 18, but it was postponed at the last moment, with the Ministry of Finance citing specific reasons for the delay.
In the interim, a new recommendation committee was formed to reinitiate the selection process, as the position had remained unfilled. However, Santosh Narayan, a candidate, filed a case with the Supreme Court challenging the legality of restarting the selection. This prompted the court to issue an interim order to halt any new proceedings.
Consequently, the government resumed the original selection process, calling the three shortlisted candidates for interviews. SEBON has been operating without a chairperson since Poush 20, 2080.