KATHMANDU: Senior Vice President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Chandra Prasad Dhakal has resigned from the post of member of the Securities Board of Nepal (SEBON).

Earlier, the CEO of the Board, Chandra Singh Saud had resigned. He resigned after being involved in the Sarbottam Cement share issue.

Dhakal was also a member of the Board representing the FNCCI.

With Dhakal’s resignation, a new member will be appointed to the Board as a representative of the Federation.