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Eight Apply for NEPSE CEO Position

A total of eight candidates have applied for the vacant Chief Executive Officer (CEO) position at the Nepal Stock Exchange (NEPSE). The selection committee will now evaluate their business plans before shortlisting candidates for presentations and interviews.

Published By Share Gyan
Eight Apply for NEPSE CEO Position

Eight candidates have applied for the vacant Chief Executive Officer (CEO) position at the Nepal Stock Exchange (NEPSE), according to the Ministry of Finance. The applications were registered by the deadline of Shrawan 26. The recommendation committee formed to select the new NEPSE CEO will now begin evaluating the professional business plans submitted by the applicants. According to Ministry of Finance spokesperson Amrit Lamsal, experts will assess the business plans before the committee prepares a shortlist of the strongest candidates. Those shortlisted will then be required to present their business plans and participate in interviews as part of the final selection process. The recommendation committee had invited applications from Shrawan 12 to Shrawan 26. Candidates for the position are required to hold a master’s degree in economics, commerce, finance, management, or information technology, or a Chartered Accountancy (CA) qualification. Applicants must also have at least 15 years of professional experience in the capital market or financial sector, including a minimum of seven years in a senior management position. The completion of the selection process is expected to pave the way for new leadership at NEPSE.

72 Listed Companies and Mutual Funds Announce Dividends; Unilever Nepal Leads with 1,540%

A total of 72 NEPSE-listed companies and mutual fund schemes have announced dividends for their shareholders and unit holders. Unilever Nepal leads with a 1,540% cash dividend, while Siddhartha Bank, Garima Bikas Bank, and Manjushree Finance top their respective financial sectors.

Pratap Subedi Assumes Office as New NEPSE CEO

Newly appointed Nepal Stock Exchange (NEPSE) Chief Executive Officer (CEO) Pratap Subedi officially assumed office on Friday after taking the oath of office and secrecy before the NEPSE Board of Directors.

NEPSE Edges Up 2.64 Points to Close at 2,655.22 as Turnover Reaches Rs. 3.46 Arba

The Nepal Stock Exchange (NEPSE) posted a marginal recovery of 2.64 points on Thursday, closing at 2,655.22 after declining 12.95 points in the previous session. Total turnover stood at Rs. 3.46 Arba, with Ghorahi Cement leading the turnover chart.

NEPSE Rebounds 6.62 Points After Previous Session’s Sharp Decline

The Nepal Stock Exchange (NEPSE) witnessed a slight recovery on Tuesday, gaining 6.62 points or 0.24% to close at 2,664.13. The market rebounded after declining by 32.65 points in the previous trading session.

NEPSE Plunges 32.65 Points to Close at 2,657.50; Turnover Reaches Rs. 7.18 Arba

The Nepal Stock Exchange (NEPSE) declined by 32.65 points or 1.21% to close at 2,657.50 on Wednesday. Total turnover reached Rs. 7.18 arba, with Ghalemdi Hydro leading the turnover chart and Beni Hydropower emerging as the top gainer.

Ransomware Attack Exposes Major Cybersecurity Weaknesses in Nepal’s Stock Market

A ransomware attack on private data center Data Hub has exposed serious cybersecurity vulnerabilities in Nepal’s capital market, raising concerns over the safety of investors' data and trading systems. The incident revealed the risks of 72 broker companies relying on a single service provider and highlighted concerns over NEPSE's proposed cybersecurity improvements.