Nepal Securities Board (SEBON) Chairman Santosh Narayan Shrestha has resigned from his post. He announced his resignation during a Board of Directors meeting on Friday. As per the Securities Act, the board chairperson must submit the resignation to the Government of Nepal. Accordingly, Shrestha has informed the Finance Minister of his decision to step down, a board director said. Following the meeting, Shrestha briefed board members that he was resigning to facilitate the government’s work. He was appointed Executive Chairman of the Securities Board on November 25, 2024.
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