FNCCI holding special general meeting on Oct 20

Published On: October 17, 2016 12:10 AM NPT By: Republica  | @RepublicaNepal

The umbrella body of Nepali private sector is preparing to amend its statute
KATHMANDU, Oct 17: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) is holding its Special General Meeting on Thursday to amend its statute.

With the term of the incumbent executive committee completing in mid-April, the FNCCI is amending its statute to automatically promote the senior vice president to the post of president.

As per the existing provision in the FNCCI Statute, FNCCI election, which is held every three years, elects the president, three vice-presidents -- Commodity, Districts and Associated --- and the executive committee. The senior vice president is elected by the executive committee from amongst the three vice presidents. But according to the amendment proposal, senior vice president will be elected like the three vice presidents, and s/he will be anonymous for president for the next term.

However, districts and municipal chambers have expressed reservations on the proposals.

They have been lobbying for the directly elected president as per the existing statute. 

If the amendment proposal is approved by the special general meeting, incumbent Senior Vice President Bhawani Rana will become the 18th president of the FNCCI. She will also be the first women president to lead the umbrella organization of the Nepali private sector. 

The election in April will concentrate on the senior vice president, if the amendment is approved, according to FNCCI sources.

Incumbent president Pashupati Murarka unanimously became the 17th president of FNCCI on July 1, 2015, after other two candidates -- Bhaskar Raj Rajkarnikar and Bhawani Rana -- pulled out from the race. He will lead the umbrella organization of Nepali private sector until April.

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