New appointments

Managing Director of Bhutan Development Bank Limited

  • 18/11/2017
Managing Director of Bhutan Development Bank Limited

Mr. Pema Tshering finished his Masters Degree in International Affairs (Economic Policy Management) at the School of International & Public Affairs in Columbia, New York, USA in 1996. He finished his Bachelor’s Degree in Commerce at the Sherubtse College Kanglung Delhi University in New Delhi India in 1989. He is a Member of the Board of the Royal Security Exchange of Bhutan (RESB) and Chairman of the BDB Securities Limited. He is also a Member of the Board of the Financial Institutions Training Institute. He worked as CEO and Executive Director of the Royal Insurance Corporation of Bhutan (RICB) and had a long stint with the Royal Monetary Authority of Bhutan (Central Bank) where he rose from the ranks until he became the Deputy Managing Director, Policy and Programs in 2007. He also worked with the International Monetary Fund (IMF) from 1996 to 2005 as an Economist.

Mr. Tshering also worked as a Member of the Government Working Committee to formulate and institutionalize the National Pension & Provident Fund for the Royal Government. He also participated as Chairman of the Financial Sector Task Force to conduct a preliminary study to develop conceptual framework to establish the existing Credit Information Bureau in Bhutan.

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