KATHMANDU: Krishna Bahadur Karki is appointed Chief Executive Officer (CEO) of Nepal Stock Exchange (NEPSE). A cabinet meeting held on January 29 appointed Karki to the post.
A selection committee had earlier shortlisted three names and sent them to the Council of Ministers. Earlier, five names out of 11 applicants had been shortlisted in the first round of selection.
Of the five, the selection committee recommended Karki, Ramesh Bhandari and Keshav Shrestha to the government.
Newly appointed NEPSE CEO Karki hails from Palpa and was the chief of Budhigandaki Hydropower Project’s Environment, Compensation, Resettlement, and Rehabilitation Unit. He has said that he would resign from the project to take on the new responsibility.
Former CEO Chandra Singh Saud had resigned from the post after being caught in a scandal related to the purchase of shares of Sarbottam Cement. NEPSE’s CEO post had been vacant for long after Saud’s resignation.
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