NEPSE recalls CDSC CEO Pandak

Apr 24, 2026 04:03 PM Merolagani



Nepal Stock Exchange (NEPSE) has removed Praveen Pandak, Managing Director and Chief Executive Officer of its subsidiary company CDS and Clearing Limited (CDSC) from her post.

A board of directors’ meeting of NEPSE held today decided to relieve Pandak of her responsibility as CDSC CEO and recall her back to the NEPSE.

Pandak's appointment was criticized from the very beginning as controversial and against the principles of corporate governance. Krishna Bahadur Karki, the former CEO of NEPSE, handed over the leadership of CDSC to Pandak when his tenure was about to end.




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