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.
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