Kathmandu: The Stock Broker Association of Nepal (SBAN) recently paid a courtesy visit to the newly appointed Chairman of the Securities Board of Nepal (SEBON), Dr Gopal Prasad Bhatta.
During the meeting, a delegation led by SBAN President Sagar Dhakal congratulated Dr Bhatta on his appointment and shared their best wishes for his tenure.
In response, Dr Bhatta expressed his unwavering commitment to enhancing the transparency, credibility, and investor-friendliness of Nepal’s capital market. He emphasized that the board would move forward with determination to implement market development and strengthening initiatives in line with the priorities established by the government’s budget and annual policies.
Dr Bhatta highlighted that the sustainable growth of the capital market hinges on seamless coordination between the regulator, market intermediaries, listed companies, and investors. He assured the association that SEBON would take a proactive role in maintaining high standards of corporate governance and integrating modern technology to elevate the domestic securities market to international standards.
Welcoming the new leadership, SBAN President Sagar Dhakal pledged the association’s full cooperation and constructive partnership in expanding the market and driving policy reforms. He expressed confidence that Dr Bhatta’s leadership would be pivotal in fostering investor confidence and overseeing much-needed structural improvements.
The interaction also featured productive discussions on various strategic issues, including the effective execution of capital market programs outlined in the national budget and the development of innovative financial instruments. Both parties discussed the necessity of expanding technology-driven services and prioritizing investor education to create a more robust trading environment.
The Stock Broker Association concluded the meeting by expressing optimism that the capital market would gain significant momentum under Dr Bhatta’s stewardship, ultimately playing a more effective role in the overall economic progress of the nation.
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