The government has appointed Gopal Bhatta as the chairman of the Nepal Securities Board. The cabinet meeting on Friday decided to appoint Bhatta as the board chairman after two months of the position being vacant. The vacancy arose after former chairman Santosh Narayan Shrestha resigned on April 4, 2083.

The then government had appointed Shrestha as the chairman for a period of four years on November 10, 2081. Shrestha resigned on April 4, 2083 on the instructions of the current government. The government has appointed Bhatta for the remaining term of his term.