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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Finance began the procedures to appoint the chairman SEBON by publishing a notice on Thursday (October 28). On the other hand, the process to appoint the CEO of NEPSE is also underway.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The government had decided to dismiss Dhungana after the shocking revelation of his alleged involvement in the insider trading scandal in the purchase of the shares of Sarbottam Cement. Meanwhile, the CEO position of NEPSE has been vacant since Chandra Singh Saud resigned from his post to facilitate investigation into a similar accusation.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">Interested Nepali citizens can apply for the post of Chairman of SEBON within the fifteen days i.e., November 11, 2021 at the Financial Sector Management and Corporation Coordination Division of the Ministry of Finance, Singha Durbar by submitting the sealed application.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">A Nepali citizen with at least seven years of professional experience in the field of securities market management, capital market development, economic, financial and commerce management or legal field can apply for the post. The notice also states that the applicant should not have been disqualified as per Section 11 of the Securities Act, 2063 BS and should not have reached the age of 60 years after completing a tenure of three years.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Finance has already formed a selection committee for shortlisting the candidates for the post. The committee will recommend the names of at least three applicants. The Council of Ministers will appoint the chairman of the Board from among the recommended names.</span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The aspiring candidates for the post of CEO need to submit their qualification documents as well as a business action plan. The applicant must have completed 30 years of age and should not have exceeded the age of 60 years. Alongside the application, the application fee of Rs 3,000 should be paid within the deadline of November 13.</span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Finance began the procedures to appoint the chairman SEBON by publishing a notice on Thursday (October 28). On the other hand, the process to appoint the CEO of NEPSE is also underway.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The government had decided to dismiss Dhungana after the shocking revelation of his alleged involvement in the insider trading scandal in the purchase of the shares of Sarbottam Cement. Meanwhile, the CEO position of NEPSE has been vacant since Chandra Singh Saud resigned from his post to facilitate investigation into a similar accusation.</span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">A Nepali citizen with at least seven years of professional experience in the field of securities market management, capital market development, economic, financial and commerce management or legal field can apply for the post. The notice also states that the applicant should not have been disqualified as per Section 11 of the Securities Act, 2063 BS and should not have reached the age of 60 years after completing a tenure of three years.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Finance has already formed a selection committee for shortlisting the candidates for the post. The committee will recommend the names of at least three applicants. The Council of Ministers will appoint the chairman of the Board from among the recommended names.</span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">In case of no legal or general hurdles, it is likely that both the regulatory bodies will complete the appointment process within December and the tenure of the officials would start from the same month as well.</span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Finance began the procedures to appoint the chairman SEBON by publishing a notice on Thursday (October 28). On the other hand, the process to appoint the CEO of NEPSE is also underway.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The government had decided to dismiss Dhungana after the shocking revelation of his alleged involvement in the insider trading scandal in the purchase of the shares of Sarbottam Cement. Meanwhile, the CEO position of NEPSE has been vacant since Chandra Singh Saud resigned from his post to facilitate investigation into a similar accusation.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">Interested Nepali citizens can apply for the post of Chairman of SEBON within the fifteen days i.e., November 11, 2021 at the Financial Sector Management and Corporation Coordination Division of the Ministry of Finance, Singha Durbar by submitting the sealed application.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">A Nepali citizen with at least seven years of professional experience in the field of securities market management, capital market development, economic, financial and commerce management or legal field can apply for the post. The notice also states that the applicant should not have been disqualified as per Section 11 of the Securities Act, 2063 BS and should not have reached the age of 60 years after completing a tenure of three years.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Finance has already formed a selection committee for shortlisting the candidates for the post. The committee will recommend the names of at least three applicants. The Council of Ministers will appoint the chairman of the Board from among the recommended names.</span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Finance began the procedures to appoint the chairman SEBON by publishing a notice on Thursday (October 28). On the other hand, the process to appoint the CEO of NEPSE is also underway.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The government had decided to dismiss Dhungana after the shocking revelation of his alleged involvement in the insider trading scandal in the purchase of the shares of Sarbottam Cement. Meanwhile, the CEO position of NEPSE has been vacant since Chandra Singh Saud resigned from his post to facilitate investigation into a similar accusation.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">Interested Nepali citizens can apply for the post of Chairman of SEBON within the fifteen days i.e., November 11, 2021 at the Financial Sector Management and Corporation Coordination Division of the Ministry of Finance, Singha Durbar by submitting the sealed application.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">A Nepali citizen with at least seven years of professional experience in the field of securities market management, capital market development, economic, financial and commerce management or legal field can apply for the post. The notice also states that the applicant should not have been disqualified as per Section 11 of the Securities Act, 2063 BS and should not have reached the age of 60 years after completing a tenure of three years.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Finance has already formed a selection committee for shortlisting the candidates for the post. The committee will recommend the names of at least three applicants. The Council of Ministers will appoint the chairman of the Board from among the recommended names.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">In the same manner, the government has also sought applications for the position of the CEO of NEPSE by issuing a public notice. Interested candidates have been asked to submit sealed application for the post within fifteen days. The process of appointing the CEO of NEPSE has been moved forward through open competition.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The aspiring candidates for the post of CEO need to submit their qualification documents as well as a business action plan. The applicant must have completed 30 years of age and should not have exceeded the age of 60 years. Alongside the application, the application fee of Rs 3,000 should be paid within the deadline of November 13.</span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Finance began the procedures to appoint the chairman SEBON by publishing a notice on Thursday (October 28). On the other hand, the process to appoint the CEO of NEPSE is also underway.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The government had decided to dismiss Dhungana after the shocking revelation of his alleged involvement in the insider trading scandal in the purchase of the shares of Sarbottam Cement. Meanwhile, the CEO position of NEPSE has been vacant since Chandra Singh Saud resigned from his post to facilitate investigation into a similar accusation.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">Interested Nepali citizens can apply for the post of Chairman of SEBON within the fifteen days i.e., November 11, 2021 at the Financial Sector Management and Corporation Coordination Division of the Ministry of Finance, Singha Durbar by submitting the sealed application.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">A Nepali citizen with at least seven years of professional experience in the field of securities market management, capital market development, economic, financial and commerce management or legal field can apply for the post. The notice also states that the applicant should not have been disqualified as per Section 11 of the Securities Act, 2063 BS and should not have reached the age of 60 years after completing a tenure of three years.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Finance has already formed a selection committee for shortlisting the candidates for the post. The committee will recommend the names of at least three applicants. The Council of Ministers will appoint the chairman of the Board from among the recommended names.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">In the same manner, the government has also sought applications for the position of the CEO of NEPSE by issuing a public notice. Interested candidates have been asked to submit sealed application for the post within fifteen days. The process of appointing the CEO of NEPSE has been moved forward through open competition.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The aspiring candidates for the post of CEO need to submit their qualification documents as well as a business action plan. The applicant must have completed 30 years of age and should not have exceeded the age of 60 years. Alongside the application, the application fee of Rs 3,000 should be paid within the deadline of November 13.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">In case of no legal or general hurdles, it is likely that both the regulatory bodies will complete the appointment process within December and the tenure of the officials would start from the same month as well.</span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Finance began the procedures to appoint the chairman SEBON by publishing a notice on Thursday (October 28). On the other hand, the process to appoint the CEO of NEPSE is also underway.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The government had decided to dismiss Dhungana after the shocking revelation of his alleged involvement in the insider trading scandal in the purchase of the shares of Sarbottam Cement. Meanwhile, the CEO position of NEPSE has been vacant since Chandra Singh Saud resigned from his post to facilitate investigation into a similar accusation.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">Interested Nepali citizens can apply for the post of Chairman of SEBON within the fifteen days i.e., November 11, 2021 at the Financial Sector Management and Corporation Coordination Division of the Ministry of Finance, Singha Durbar by submitting the sealed application.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">A Nepali citizen with at least seven years of professional experience in the field of securities market management, capital market development, economic, financial and commerce management or legal field can apply for the post. The notice also states that the applicant should not have been disqualified as per Section 11 of the Securities Act, 2063 BS and should not have reached the age of 60 years after completing a tenure of three years.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Finance has already formed a selection committee for shortlisting the candidates for the post. The committee will recommend the names of at least three applicants. The Council of Ministers will appoint the chairman of the Board from among the recommended names.</span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">In case of no legal or general hurdles, it is likely that both the regulatory bodies will complete the appointment process within December and the tenure of the officials would start from the same month as well.</span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Finance began the procedures to appoint the chairman SEBON by publishing a notice on Thursday (October 28). On the other hand, the process to appoint the CEO of NEPSE is also underway.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The government had decided to dismiss Dhungana after the shocking revelation of his alleged involvement in the insider trading scandal in the purchase of the shares of Sarbottam Cement. Meanwhile, the CEO position of NEPSE has been vacant since Chandra Singh Saud resigned from his post to facilitate investigation into a similar accusation.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">Interested Nepali citizens can apply for the post of Chairman of SEBON within the fifteen days i.e., November 11, 2021 at the Financial Sector Management and Corporation Coordination Division of the Ministry of Finance, Singha Durbar by submitting the sealed application.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">A Nepali citizen with at least seven years of professional experience in the field of securities market management, capital market development, economic, financial and commerce management or legal field can apply for the post. The notice also states that the applicant should not have been disqualified as per Section 11 of the Securities Act, 2063 BS and should not have reached the age of 60 years after completing a tenure of three years.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Finance has already formed a selection committee for shortlisting the candidates for the post. The committee will recommend the names of at least three applicants. The Council of Ministers will appoint the chairman of the Board from among the recommended names.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">In the same manner, the government has also sought applications for the position of the CEO of NEPSE by issuing a public notice. Interested candidates have been asked to submit sealed application for the post within fifteen days. The process of appointing the CEO of NEPSE has been moved forward through open competition.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The aspiring candidates for the post of CEO need to submit their qualification documents as well as a business action plan. The applicant must have completed 30 years of age and should not have exceeded the age of 60 years. Alongside the application, the application fee of Rs 3,000 should be paid within the deadline of November 13.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">In case of no legal or general hurdles, it is likely that both the regulatory bodies will complete the appointment process within December and the tenure of the officials would start from the same month as well.</span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Finance began the procedures to appoint the chairman SEBON by publishing a notice on Thursday (October 28). On the other hand, the process to appoint the CEO of NEPSE is also underway.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The government had decided to dismiss Dhungana after the shocking revelation of his alleged involvement in the insider trading scandal in the purchase of the shares of Sarbottam Cement. Meanwhile, the CEO position of NEPSE has been vacant since Chandra Singh Saud resigned from his post to facilitate investigation into a similar accusation.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">Interested Nepali citizens can apply for the post of Chairman of SEBON within the fifteen days i.e., November 11, 2021 at the Financial Sector Management and Corporation Coordination Division of the Ministry of Finance, Singha Durbar by submitting the sealed application.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">A Nepali citizen with at least seven years of professional experience in the field of securities market management, capital market development, economic, financial and commerce management or legal field can apply for the post. The notice also states that the applicant should not have been disqualified as per Section 11 of the Securities Act, 2063 BS and should not have reached the age of 60 years after completing a tenure of three years.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Finance has already formed a selection committee for shortlisting the candidates for the post. The committee will recommend the names of at least three applicants. The Council of Ministers will appoint the chairman of the Board from among the recommended names.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">In the same manner, the government has also sought applications for the position of the CEO of NEPSE by issuing a public notice. Interested candidates have been asked to submit sealed application for the post within fifteen days. The process of appointing the CEO of NEPSE has been moved forward through open competition.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The aspiring candidates for the post of CEO need to submit their qualification documents as well as a business action plan. The applicant must have completed 30 years of age and should not have exceeded the age of 60 years. Alongside the application, the application fee of Rs 3,000 should be paid within the deadline of November 13.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">In case of no legal or general hurdles, it is likely that both the regulatory bodies will complete the appointment process within December and the tenure of the officials would start from the same month as well.</span></span></span></span></p>
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November 1: The government has initiated the process to appoint the chiefs of the Securities Board of Nepal (SEBON) and Nepal Stock Exchange (NEPSE) at the same time. The government has begun the recruitment procedure after the dismissal of Bhisma Raj Dhungana as the chief of SEBON.
The Ministry of Finance began the procedures to appoint the chairman SEBON by publishing a notice on Thursday (October 28). On the other hand, the process to appoint the CEO of NEPSE is also underway.
The government had decided to dismiss Dhungana after the shocking revelation of his alleged involvement in the insider trading scandal in the purchase of the shares of Sarbottam Cement. Meanwhile, the CEO position of NEPSE has been vacant since Chandra Singh Saud resigned from his post to facilitate investigation into a similar accusation.
Interested Nepali citizens can apply for the post of Chairman of SEBON within the fifteen days i.e., November 11, 2021 at the Financial Sector Management and Corporation Coordination Division of the Ministry of Finance, Singha Durbar by submitting the sealed application.
A Nepali citizen with at least seven years of professional experience in the field of securities market management, capital market development, economic, financial and commerce management or legal field can apply for the post. The notice also states that the applicant should not have been disqualified as per Section 11 of the Securities Act, 2063 BS and should not have reached the age of 60 years after completing a tenure of three years.
The Ministry of Finance has already formed a selection committee for shortlisting the candidates for the post. The committee will recommend the names of at least three applicants. The Council of Ministers will appoint the chairman of the Board from among the recommended names.
In the same manner, the government has also sought applications for the position of the CEO of NEPSE by issuing a public notice. Interested candidates have been asked to submit sealed application for the post within fifteen days. The process of appointing the CEO of NEPSE has been moved forward through open competition.
The aspiring candidates for the post of CEO need to submit their qualification documents as well as a business action plan. The applicant must have completed 30 years of age and should not have exceeded the age of 60 years. Alongside the application, the application fee of Rs 3,000 should be paid within the deadline of November 13.
In case of no legal or general hurdles, it is likely that both the regulatory bodies will complete the appointment process within December and the tenure of the officials would start from the same month as well.
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Finance began the procedures to appoint the chairman SEBON by publishing a notice on Thursday (October 28). On the other hand, the process to appoint the CEO of NEPSE is also underway.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The government had decided to dismiss Dhungana after the shocking revelation of his alleged involvement in the insider trading scandal in the purchase of the shares of Sarbottam Cement. Meanwhile, the CEO position of NEPSE has been vacant since Chandra Singh Saud resigned from his post to facilitate investigation into a similar accusation.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">Interested Nepali citizens can apply for the post of Chairman of SEBON within the fifteen days i.e., November 11, 2021 at the Financial Sector Management and Corporation Coordination Division of the Ministry of Finance, Singha Durbar by submitting the sealed application.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">A Nepali citizen with at least seven years of professional experience in the field of securities market management, capital market development, economic, financial and commerce management or legal field can apply for the post. The notice also states that the applicant should not have been disqualified as per Section 11 of the Securities Act, 2063 BS and should not have reached the age of 60 years after completing a tenure of three years.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Finance has already formed a selection committee for shortlisting the candidates for the post. The committee will recommend the names of at least three applicants. The Council of Ministers will appoint the chairman of the Board from among the recommended names.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">In the same manner, the government has also sought applications for the position of the CEO of NEPSE by issuing a public notice. Interested candidates have been asked to submit sealed application for the post within fifteen days. The process of appointing the CEO of NEPSE has been moved forward through open competition.</span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Finance began the procedures to appoint the chairman SEBON by publishing a notice on Thursday (October 28). On the other hand, the process to appoint the CEO of NEPSE is also underway.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The government had decided to dismiss Dhungana after the shocking revelation of his alleged involvement in the insider trading scandal in the purchase of the shares of Sarbottam Cement. Meanwhile, the CEO position of NEPSE has been vacant since Chandra Singh Saud resigned from his post to facilitate investigation into a similar accusation.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">Interested Nepali citizens can apply for the post of Chairman of SEBON within the fifteen days i.e., November 11, 2021 at the Financial Sector Management and Corporation Coordination Division of the Ministry of Finance, Singha Durbar by submitting the sealed application.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">A Nepali citizen with at least seven years of professional experience in the field of securities market management, capital market development, economic, financial and commerce management or legal field can apply for the post. The notice also states that the applicant should not have been disqualified as per Section 11 of the Securities Act, 2063 BS and should not have reached the age of 60 years after completing a tenure of three years.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Finance has already formed a selection committee for shortlisting the candidates for the post. The committee will recommend the names of at least three applicants. The Council of Ministers will appoint the chairman of the Board from among the recommended names.</span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">In case of no legal or general hurdles, it is likely that both the regulatory bodies will complete the appointment process within December and the tenure of the officials would start from the same month as well.</span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Finance began the procedures to appoint the chairman SEBON by publishing a notice on Thursday (October 28). On the other hand, the process to appoint the CEO of NEPSE is also underway.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The government had decided to dismiss Dhungana after the shocking revelation of his alleged involvement in the insider trading scandal in the purchase of the shares of Sarbottam Cement. Meanwhile, the CEO position of NEPSE has been vacant since Chandra Singh Saud resigned from his post to facilitate investigation into a similar accusation.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">Interested Nepali citizens can apply for the post of Chairman of SEBON within the fifteen days i.e., November 11, 2021 at the Financial Sector Management and Corporation Coordination Division of the Ministry of Finance, Singha Durbar by submitting the sealed application.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">A Nepali citizen with at least seven years of professional experience in the field of securities market management, capital market development, economic, financial and commerce management or legal field can apply for the post. The notice also states that the applicant should not have been disqualified as per Section 11 of the Securities Act, 2063 BS and should not have reached the age of 60 years after completing a tenure of three years.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Finance has already formed a selection committee for shortlisting the candidates for the post. The committee will recommend the names of at least three applicants. The Council of Ministers will appoint the chairman of the Board from among the recommended names.</span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Finance began the procedures to appoint the chairman SEBON by publishing a notice on Thursday (October 28). On the other hand, the process to appoint the CEO of NEPSE is also underway.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The government had decided to dismiss Dhungana after the shocking revelation of his alleged involvement in the insider trading scandal in the purchase of the shares of Sarbottam Cement. Meanwhile, the CEO position of NEPSE has been vacant since Chandra Singh Saud resigned from his post to facilitate investigation into a similar accusation.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">Interested Nepali citizens can apply for the post of Chairman of SEBON within the fifteen days i.e., November 11, 2021 at the Financial Sector Management and Corporation Coordination Division of the Ministry of Finance, Singha Durbar by submitting the sealed application.</span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Finance has already formed a selection committee for shortlisting the candidates for the post. The committee will recommend the names of at least three applicants. The Council of Ministers will appoint the chairman of the Board from among the recommended names.</span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The government had decided to dismiss Dhungana after the shocking revelation of his alleged involvement in the insider trading scandal in the purchase of the shares of Sarbottam Cement. Meanwhile, the CEO position of NEPSE has been vacant since Chandra Singh Saud resigned from his post to facilitate investigation into a similar accusation.</span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The government had decided to dismiss Dhungana after the shocking revelation of his alleged involvement in the insider trading scandal in the purchase of the shares of Sarbottam Cement. Meanwhile, the CEO position of NEPSE has been vacant since Chandra Singh Saud resigned from his post to facilitate investigation into a similar accusation.</span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">A Nepali citizen with at least seven years of professional experience in the field of securities market management, capital market development, economic, financial and commerce management or legal field can apply for the post. The notice also states that the applicant should not have been disqualified as per Section 11 of the Securities Act, 2063 BS and should not have reached the age of 60 years after completing a tenure of three years.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Finance has already formed a selection committee for shortlisting the candidates for the post. The committee will recommend the names of at least three applicants. The Council of Ministers will appoint the chairman of the Board from among the recommended names.</span></span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The government had decided to dismiss Dhungana after the shocking revelation of his alleged involvement in the insider trading scandal in the purchase of the shares of Sarbottam Cement. Meanwhile, the CEO position of NEPSE has been vacant since Chandra Singh Saud resigned from his post to facilitate investigation into a similar accusation.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">Interested Nepali citizens can apply for the post of Chairman of SEBON within the fifteen days i.e., November 11, 2021 at the Financial Sector Management and Corporation Coordination Division of the Ministry of Finance, Singha Durbar by submitting the sealed application.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">A Nepali citizen with at least seven years of professional experience in the field of securities market management, capital market development, economic, financial and commerce management or legal field can apply for the post. The notice also states that the applicant should not have been disqualified as per Section 11 of the Securities Act, 2063 BS and should not have reached the age of 60 years after completing a tenure of three years.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Finance has already formed a selection committee for shortlisting the candidates for the post. The committee will recommend the names of at least three applicants. The Council of Ministers will appoint the chairman of the Board from among the recommended names.</span></span></span></span></p>
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'summary' => 'November 1: The government has initiated the process to appoint the chiefs of the Securities Board of Nepal (SEBON) and Nepal Stock Exchange (NEPSE) at the same time. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">November 1: The government has initiated the process to appoint the chiefs of the Securities Board of Nepal (SEBON) and Nepal Stock Exchange (NEPSE) at the same time. The government has begun the recruitment procedure after the dismissal of Bhisma Raj Dhungana as the chief of SEBON.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Finance began the procedures to appoint the chairman SEBON by publishing a notice on Thursday (October 28). On the other hand, the process to appoint the CEO of NEPSE is also underway.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The government had decided to dismiss Dhungana after the shocking revelation of his alleged involvement in the insider trading scandal in the purchase of the shares of Sarbottam Cement. Meanwhile, the CEO position of NEPSE has been vacant since Chandra Singh Saud resigned from his post to facilitate investigation into a similar accusation.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">Interested Nepali citizens can apply for the post of Chairman of SEBON within the fifteen days i.e., November 11, 2021 at the Financial Sector Management and Corporation Coordination Division of the Ministry of Finance, Singha Durbar by submitting the sealed application.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">A Nepali citizen with at least seven years of professional experience in the field of securities market management, capital market development, economic, financial and commerce management or legal field can apply for the post. The notice also states that the applicant should not have been disqualified as per Section 11 of the Securities Act, 2063 BS and should not have reached the age of 60 years after completing a tenure of three years.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Finance has already formed a selection committee for shortlisting the candidates for the post. The committee will recommend the names of at least three applicants. The Council of Ministers will appoint the chairman of the Board from among the recommended names.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">In the same manner, the government has also sought applications for the position of the CEO of NEPSE by issuing a public notice. Interested candidates have been asked to submit sealed application for the post within fifteen days. The process of appointing the CEO of NEPSE has been moved forward through open competition.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">The aspiring candidates for the post of CEO need to submit their qualification documents as well as a business action plan. The applicant must have completed 30 years of age and should not have exceeded the age of 60 years. Alongside the application, the application fee of Rs 3,000 should be paid within the deadline of November 13.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"><span style="font-family:"Times New Roman","serif"">In case of no legal or general hurdles, it is likely that both the regulatory bodies will complete the appointment process within December and the tenure of the officials would start from the same month as well.</span></span></span></span></p>
<p> </p>
<p> </p>
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