Contact Center : 1424


Bhutan Development Bank

Your Development Partner Since 1988

Banking Hours


Monday - Friday : 9:00AM to 4:00PM


Monday - Friday : 9:00AM to 3:00PM

(Saturday : 9:00AM to 11:00AM)


7.16% w.e.f December 2021

Vacancy Announcement – Cheif Executive Officer (CEO)



Bhutan Development Bank Limited (BDB) is pleased to announce the vacant post of Chief Executive Officer (CEO) as follows:

Qualification Work Experience Remuneration
  • Minimum of Bachelor’s Degree (full time) from a recognized University. Candidates having Master’s degree in Finance, Economics, Business Administration or other relevant fields shall be given preference.
  • Minimum of 15 (fifteen) years of work experience in Government Agencies/Public or Private Companies;
    Up to 18 months of study period shall be treated as active service for considering years of work experience required. Candidates having relevant work experience will be given preference and
  • Minimum active service of 5 years at senior managerial level (P1 A and above in the Civil Service and General Manager and above or equivalent position in the Corporate/Private Sector).
  • Basic pay: Nu. 85,500 per month
  • Contract Allowance: 70% of the Basic Pay
  • Fixed Communication: Nu. 5,000 per month and
  • PBVI: Minimum of 15% of the annual basic pay subject to fulfillment of Performance Annual Compact signed between Ministry of Finance and BDB
  • Other benefits shall be as per the Bank’s Service Rules and Regulations

The applicant should not have crossed 55 years of age at the time of last deadline of application submission. The employment will be for contract term of three (3) years, which may be renewed based on performance and up to a maximum of two terms

Interested candidates fulfilling the prescribed eligibility criteria may submit their applications together with the mandatory documents listed in the Terms of Reference (ToR) in a sealed and signed envelope at the following address
Company Secretary
Corporate and Legal Secretariat
BDB Corporate Office
2nd Floor,Chubachu – Thimphu
Toll Free No. 1424.

The last date for submission of application is August 20, 2022 at 11:30 am.