Kathmandu. Santosh Narayan Shrestha, chairman of the Securities Board of Nepal (SEBON), has resigned from his post on Tuesday. He is resigning to help the new government.

According to a source at the board, Shrestha called the finance secretary and informed him about his resignation.

According to sources, Shrestha is scheduled to announce his resignation at a board meeting scheduled for Friday evening.“The chairman is going to resign saying that he will support the new government. “, the source said.

There was talk of Shrestha resigning from the post at a time when the government had asked the political appointees to resign . However, at the time, he said that he had not thought about resigning. But now he is resigning to help the government, sources said.