“Institutional Reforms and Transparency Are Now Inevitable,” Says Narayan Paudel at SEBON Board's 33th Anniversary

Narayan Paudel, President of the Nepal Securities Board Independent Employees’ Organization, emphasized the urgent need for structural reform, transparency, and responsible leadership in the board during his address at the 33th annual anniversary celebration held today.

Highlighting the challenges caused by weak physical infrastructure and poor institutional governance, Paudel said that only bold and visionary leadership can bring long-term solutions. He stressed that the board must ensure transparency, fairness, equality, and collaboration to build institutional credibility and restore staff morale.

“The leadership must now deeply analyze the problems. It’s not just about issuing directions—it’s time to lay out an actionable roadmap. All of us need to move forward with professionalism, accountability, and a change-driven mindset,” he said.

Paudel underscored the evolving role of trade unions, stating that their job is not just to make demands but also to ensure workplace reforms and transparency. “We are here to offer practical and structural suggestions. If the leadership fails to listen, the fault lies with them,” he asserted.

He called for immediate revision and update of acts, regulations, and policies related to the board. Paudel advocated for improved coordination with ministries and stakeholders to address policy-level issues and push for institutional reforms based on employee feedback.

He emphasized that a reform-focused and collaborative environment can boost employee morale and bring renewed energy into the institution. “In today's competitive era, we must focus on enhancing employee capabilities, leadership development, modern work methods, and long-term vision,” he said.

Recalling the board’s establishment in the early 1990s during Nepal’s economic liberalization, Paudel highlighted its historic contributions to capital market growth and regulation. He pointed out that further qualitative improvements and innovation are necessary to take the board to new heights.

In conclusion, Paudel called upon all employees to unite under a common vision and work with integrity and commitment. “We must move forward with a deep understanding of constitutional duty, legal responsibility, and institutional accountability,” he stated.