Veteran Market Analyst 'Shiva Chandra' Joins Intense Race for SEBON Chairmanship

Purushottam Raj Chimoriya, a well-regarded market analyst known by his alias 'Shiva Chandra,' has formally applied for the vacant Chairman post at the Securities Board of Nepal (SEBON). Chimoriya submitted his candidacy at the Ministry of Finance on Monday, positioning himself as a contender to lead the nation's securities regulator. With over twenty years of experience in the financial sector, including a seven-year tenure as the CEO of Asian Capital Limited, Chimoriya is recognized for his detailed market research and his vocal presence on social media. The appointment is seen as critical by the investor community, which is seeking leadership capable of addressing market challenges and modernizing the Nepal Stock Exchange (NEPSE). As the government moves forward with the selection process, the focus remains on finding a leader to manage IPO approvals, broker licensing, and market stability.