5 Candidates Shortlisted for Vacant Post of SEBON Chairman

Five people have been shortlisted in the first round of selection for the executive chairman of the Securities Board of Nepal (SEBON).

A meeting of the recommendation committee held on Monday selected the best five out of 15 applicants. This recommendation committee was formed for the appointment of the board chairman by a ministerial decision. According to a source, Niraj Giri, Gopal Prasad Bhatta, Khagendra Katuwal, Ramesh Kumar Hamal, and Krishna Raj Pokhrel are among the top five. The recommendation committee will recommend the names of 3 out of the 5 selected. The government will appoint one of them as the chairman of the board.

Mukti Aryal, Ramesh Ghimire, Chiranjibi Chapagain, Nawaraj Adhikari, Ambika Sharma Lamichhane, Jeevan Amgai, Sitaram Thapaliya, Keshav Prasad Shrestha, Anil Raj Poudel, and Hemanta Bashyal along with the five previously mentioned had applied for the post.

SEBON has been operating without an official chairman ever since Bhisma Raj Dhungana was sacked by the Ministry of Finance for illicit obtaining of shares and acting under influence of power centers.

This was the list of expected qualifications/ experience in the vacancy announcement:

1) The candidate should be a Nepalese citizen.
2) The candidate should possess a high moral character.
3) At least 7 years of working experience in securities market operations, capital market development, with financial, economic, or legal experience.
4) Not considered ineligible by Securities Act, 2063.
5) The candidate should be in the 30 - 60 age range.