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Vacancy for a Chief

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The Management of Bank of Bhutan is pleased to announce the vacancy for the post of chief, finance division.

Tags: CHIEF
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The Management of Bank of Bhutan is pleased to announce the vacancy for the post of Chief, Finance Division:

  1. Eligibility Criteria as detailed below:
Education Qualification Minimum of Bachelor’s Degree from a recognized College/University obtained on a full-time mode.  An applicant without a Bachelor’s Degree but possessing a relevant Master’s Degree (full-time) from a recognized University will be eligible. 
Grade P1 and above for civil servants; DRG 4 and above for DHI owned companies or equivalent.
Work Experience a. Should have a minimum of 10 years of total work experience (that could include a maximum of 18 months for higher studies/sabbatical). Preference will be given to applicants with relevant experiences in the announced position.
Knowledge, Skills and Abilities The CV of applicants should demonstrate the following:
a. Good communication skills including presentation; b. Strong analytical abilities;
c. A working knowledge of statistics and confidence to make decisions that will affect Bank’s bottom line;
d. Relevance of knowledge and experience in the position announced;
e. Ability to lead and manage multiple Sections; and
f. Negotiation and conflict resolution skills.
Service Record Should possess clean service record and not be convicted by the court of law.
Age Candidate should not be older than 57 years of age on the last working date of receiving the application.

2. Grade, Remuneration and Benefits

Position Chief Financial Officer
BOB Grade 2
Remuneration Basic salary Nu. 57,357.00
Contract allowance (75% of the basic Pay) Nu. 43,018.00
Fixed allowance (60% of the starting Basic) Nu. 34,425.00
Gross Salary Nu. 1,34,800.00
Other Benefits 1. Performance Based Variable Pay (PBVP) of 31.67% (maximum) of basic pay based on annual performance
2. Other entitlements: Eligible as per the BoB Service Rule (BoBSR)
Appointment Status and Tenure On contract for an initial period of three years with possibility of extension for two terms after the completion of the first term by following the due process of renewal. The term shall include incumbent’s transfer to other functional units.

Document required:

  1. Cover letter expressing interest in the role, and stating clearly why an applicant is appropriate for the job;
  2. Curriculum Vitae – The CV should highlight the relevant work experiences, knowledge, skills and other specified criteria for the position;
  3. Valid Medical Certificate;
  4. A copy of valid Citizenship Identity Card;
  5. A copy of valid Security Clearance Certificate
  6. All Academic Transcripts and Course Completion Certificates;
  7. Previous work experience certificate that indicates minimum of 10 years of total work experience.
  8. RAA Clearance.
  9. A CIB report;
  10. No objection certificate (If employed)

Tentative timeline:

The following timeline is proposed for Chief Finance Officer position:

Activities Tentative Schedule
Vacancy announcement 9th March 2026
Last date of application submission 22nd March 2026
Shortlist of applicants 23rd – 31st March 2026
Shortlist announcement and informing candidates 3rd April 2026
Presentation preparation and personal Interview 10th April 2026
Appointment Tentatively on 1st May 2026

Please CLICK HERE for Terms of Referance (ToR)

For further information, please contact Human Resource Management Section at 02-334333 (Ext. 0047) or (Ext. 0048)

Vacancy Details

Salary : Nu. 57,357
Minimum Experience Required : 10 Years
Qualification : Bachelor's degree
Employment Type : Contract
Job Sector : Accounting, banking and financing
Last Submission Date : Mar 22, 2026 17:00

Contact Details

02-334333

The Management of Bank of Bhutan is pleased to announce the vacancy for the post of chief, finance division.

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Contact Details

02-334333

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