Pitambar Bhandari Takes Oath as Member of Nepal Securities Board

Kathmandu — Mr. Pitambar Bhandari has been officially welcomed and sworn in as a Member of the Nepal Securities Board on Friday by the Board’s Chairman, Mr. Santosh Narayan Shrestha. On the occasion, other Board members also extended their congratulations and best wishes to the newly appointed member.

According to Section 3(2)(f) of the Securities Act, 2063, the Government of Nepal appoints members to the Nepal Securities Board from among qualified experts who meet the criteria prescribed by the Act. Mr. Bhandari has been appointed to the Board in line with this legal provision.

With the induction of Mr. Bhandari, the Board is expected to further strengthen its regulatory and policy-making role in Nepal’s capital market.