chairman of Nepal Stock Exchange Dr Narayan Prasad Paudel resigned.

Citing inconvenience in implementing targeted programs, chairman of Nepal Stock Exchange (Nepse) Dr Narayan Prasad Paudel on Sunday tendered his resignation. The Maoist-led government had appointed Dr Poudel, who is not a government employee, to the post on January 1.

"I couldn´t get cooperation from Nepse board members to implement some innovative programs, including skill development program for employees, prompt decision on appointment of stock brokers and introduction of Central Depository System in Nepse," Paudel said at a press meet organized to inform about his resignation. High-ranking officials were not present in the press meet. Paudel is an assistant professor at the Kathmandu University.