Joint Secretary Amrit Lamsal Assumes Leadership as New Chairman of Nepal Stock Exchange

17th June 2026, Kathmandu

The Government of Nepal has officially appointed senior bureaucrat Amrit Lamsal as the new Chairman of the Nepal Stock Exchange.

NEPSE New Chairman Appointed 

Lamsal currently serves as a Joint Secretary and central spokesperson within the Ministry of Finance.

His executive nomination was put forward by Finance Minister Swarnim Wagle, who finalized the administrative leadership assignment to restore stable operations at the state-backed stock exchange operator.

The strategic appointment fills a critical administrative leadership position that had been sitting vacant since Baisakh 15, ending a multi-week period of regulatory uncertainty for domestic capital market participants.

Comprehensive Professional Background and Concurrent Fiscal Roles

The newly designated chairperson brings deep macroeconomic oversight experience to the national securities exchange through several high-level concurrent state appointments.

• Appointed Market Executive: Amrit Lamsal
• Newly Assigned Portfolio: Chairman of the Nepal Stock Exchange Board of Directors
• Primary Civil Service Designation: Joint Secretary and Spokesperson at the Ministry of Finance
• Additional Institutional Portfolios: Serving Chairman of the Nepal Reinsurance Company Limited
• State Banking Representation Roles: Active Board Member representing the government at Nepal Bank Limited
• Appointing Authority Head: Finance Minister Dr Swarnim Wagle

Core Mandates and Strategic Operational Responsibilities

In his new capacity leading the country’s sole secondary securities trading platform, the incoming chairman will directly guide several vital market development portfolios.

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• Directing Secondary Market Transactions: Overseeing automated stock trading operations to ensure fair, efficient, and uninterrupted daily market clearing.
• Strengthening Corporate Market Governance: Enforcing strict compliance rules across listed public corporations to eliminate unethical insider trading activities.
• Enhancing Retail Investor Confidence: Implementing transparent reporting guidelines to protect minority shareholders and attract broader public stock market participation.
• Harmonizing Inter Agency Regulatory Coordination: Streamlining operational communications between the stock exchange, the apex securities board, and the Ministry of Finance.
• Formulating National Capital Market Policies: Developing long-term strategic plans to upgrade digital trading tools and diversify available financial instruments.

Resolving Administrative Gaps to Enhance Securities Trading Safety

The extended vacancy at the head of the exchange board created minor administrative bottlenecks in structural decision making circles.

Capital market analysts note that having a senior Ministry of Finance official lead the stock exchange board will help fast-track essential policy choices regarding trading technologies and market stability plans.

Because the national stock market reacts quickly to state policy changes, direct leadership from a ministerial division chief ensures that government fiscal choices are applied uniformly across the local trading ecosystem.

Advancing Modern Market Infrastructure and Investor Protection

With a stable administrative leadership structure now restored, the stock exchange is better positioned to advance its ongoing systemic modernization initiatives.

The inclusion of an experienced financial policymaker at the boardroom table is expected to accelerate automated clearing upgrades, improve risk management tools, and support broader retail investment safety.

By focusing heavily on institutional transparency and tighter corporate oversight, the newly structured leadership team aims to build a highly secure, technologically sound trading environment capable of sustaining long-term capital market expansion across Nepal.

For More: NEPSE New Chairman Appointed