Sebone’s anniversary celebrations halted as government failed to appoint president on time

लगानी न्यूज

२५ जेष्ठ २०८३, सोमबार १५:३९June 8, 2026

. The Securities Board of Nepal (SEBON) has postponed its anniversary celebrations due to the government’s failure to appoint the chairman on time. After the cancellation of Sebon’s anniversary program, the board’s employees union has expressed dissatisfaction with the management.

In a statement issued on Monday, the union criticized the management’s decision to unilaterally postpone the anniversary event without consulting the staff and stakeholders.TAG_OPEN_div_18

For the first time in the organization’s history, the anniversary event has been suspended, the union said, adding that it has weakened the morale of the employees.TAG_OPEN_div_16 The union has accused the management of becoming indifferent, irresponsible and indecisive towards the organization. The union has said that the current senior management leadership and board of directors have become prisoners of indecision, weakening the organization administratively and professionally.

The statement describes the anniversary as not just a formal celebration but an important forum for regulatory bodies, listed companies, market intermediaries and investors to review the past, evaluate current challenges and set future strategies. The union said that the postponement of such programs has raised questions about the corporate culture and internal governance within the organization.

The union has demanded the board management to immediately make public the stalled policy and procedural decisions and implement them.TAG_OPEN_div_12 Stating that the post of full-time chairperson of the board has remained vacant for the past two months, the meeting urged the government to conclude the appointment process at the earliest.

The delay in appointing the chairman has affected the overall capital market development and decision-making process, the union said.TAG_OPEN_div_10 The union has demanded the concerned parties to immediately take the necessary decisions for the overall development of corporate governance, employees’ welfare and capital market.