KATHMANDU: Santosh Narayan Shrestha officially took office as the new Chairman of the Securities Board of Nepal (SEBON) on Wednesday.
The day before, on Tuesday, he swore an oath of office and secrecy, administered by Finance Minister Bishnu Poudel, marking the start of his tenure as Chairman.
In his address following the assumption of office, Chairman Shrestha expressed his commitment to constructing a dedicated office building for SEBON during his tenure, as the organization has so far operated from a rented space.
Shrestha also vowed to work tirelessly for the development of the capital market, acknowledging that several crucial tasks have been delayed due to a lack of leadership.
He pledged to complete these pending tasks and expand the capital market to benefit investors.
As his first official task, Chairman Shrestha signed the file to register the bonus shares of Everest Bank.
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