Tuesday, December 17, 2024

Sagar Dhakal elected SBAN President

Kathmandu, Dec. 7

Sagar Dhakal has been elected as the President of the Stock Brokers Association of Nepal (SBAN). He defeated his rival Rajkumar Timilsina in the election organised on Friday.

Initially, there were expectations that the SBAN presidency would be decided unanimously but disagreements among the candidates resulted in the election being conducted.

Dhakal secured victory by receiving 45 out of 88 votes, narrowly beating Timilsina, who garnered 43 votes.

Likewise, Nitesh Agrawal is elected as the Vice President of SBAN, Bhakti Ram Ghimire as General Secretary, Madan Poudel as Treasurer and Binay Poudel as Secretary.

Bishal Kumar Agrawal, Jelina Kandel, Jayant Srivastava, and Priyanshu Agrawal have been elected as members of the executive committee.

This election happened after the merger of the erstwhile two associations of the security brokers - the Stock Brokers’ Association and the Securities Brokers’ Association.

The merger agreement was signed by Dharma Raj Sapkota, Chairman of the Stock Brokers’ Association, and Sagar Dhakal, Chairman of the Securities Brokers’ Association about three weeks ago. The association retained the name of SBAN following the merger. 

 Published in The Rising Nepal daily on 8 December 2024.  

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