By Karuna Thapa
Kathmandu, February 23
Mr. Ramesh Kumar Hamal, who was nominated Chairman of the Board by the Government of Nepal’s Council of Ministers on February 18, 2022, took the oath of office and confidentiality from Hon’ble Finance Minister Janardan Sharma ‘Prabhakar’ on February 20, 2022. He was re-instated on the board of directors.
Mr. Ramesh Kumar Hamal, the newly appointed Chairman of the Board, was warmly welcomed by the whole employees, including the Board’s senior staff. He stated that there is a plan in place to maintain employee morale high and strive toward proper board building management as well as the advancement of information technology. He also emphasized the need for all employees to work together to attain this common goal without bias.
He noted that the stock market is an important component of Nepali society today and that the Board of Directors has a huge responsibility to develop, expand, and maintain the market’s stability. Due to the lack of institutional and instrumental diversity in the market today, even a slight push makes the market turbulent and volatile, according to Chairman Mr. Hamal. He stated that it is vital for him to make the market resilient for this, and he expressed confidence that all parties involved in this endeavor will cooperate and coordinate. He stated that because the stock market is linked to people’s lives, the safety of small investors would be prioritized.
