After the tenure of former CEO Krishna Bahadur Karki ended on Magh 25, the Chief Executive Officer (CEO) position at the Nepal Stock Exchange (NEPSE) is currently vacant. To fill this position, NEPSE has announced an open competition. A recommendation committee has been formed to manage the selection process, and a public notice has been issued inviting applications from qualified candidates. This process follows Rule 16(a) of the Securities Exchange Market Operation Regulations, 2064.
Eligibility Criteria for CEO Position
Candidates applying for the CEO position must meet the following criteria:
- Educational Qualification: A postgraduate degree or equivalent in fields such as Economics, Commerce, Finance, Management, Information Technology, Law, or Chartered Accountancy.
- Professional Experience: At least 15 years of work experience, with a minimum of 7 years in a senior managerial role in the capital market, financial sector, or management field.
Key Takeaways
- NEPSE is seeking a highly qualified and experienced individual for the CEO role.
- The selection process is transparent and follows established regulations.
- Interested candidates must submit their applications with the required documents and fees by the specified deadline.
Application Process and Requirements
Interested candidates must follow these steps to apply:
- Documents to Submit:
- A completed application form.
- Two passport-sized photographs.
- Four copies of a professional work plan outlining their vision and strategy for NEPSE.
- Application Fee:
- A non-refundable fee of Rs. 7,500 must be deposited at the Singha Durbar branch of Rastriya Banijya Bank.
- The original deposit voucher must be attached to the application.
CEO Remuneration and Benefits
Salary and Allowances
The CEO’s salary, allowances, and other benefits will be determined by NEPSE in consultation with the Government of Nepal. The package will be competitive and aligned with the responsibilities of the role.
Recommendation Committee for CEO Selection
To ensure a transparent and fair selection process, the Ministry of Finance has formed a three-member recommendation committee and their roles. The committee includes:
- Chairperson: Joint Secretary Sebantak Pokharel.
- Member: Joint Secretary Amrit Lamsal.
- Expert Member: Dr. Khom Raj Kharel.
This committee will evaluate applications and recommend the most suitable candidate for the CEO position.
Notice of NEPSE Announces Vacancy for CEO Position
