The National Pension and Provident Fund, Thimphu is pleased to re-announce the vacancy for the post of Director, Investment Department:

QualificationShould have a minimum of a Bachelors’ degree (full time) from a recognized university in Commerce / Economics / Finance.   Preference shall be given to applicants with Master’s Degree (full time) in Commerce / Economics / Finance during shortlisting only.  
ExperienceShould have a minimum of 15 years of relevant work experience (maximum of 18 months of study period for Master’s Degree and above shall be considered as active service); and   Should have served in a senior management position of Chief / General Manager / P1 level or above for a minimum of 3 (three) years.   
EmploymentOn contract for an initial term of 3 (three) years; and    The contract may be renewed for an additional term only depending on the performance, need and MARs feedback.    
RemunerationBasic Pay of Nu. 75,000/-.  Contract Allowance – 40% of Basic Pay. Maximum 6 months basic salary as Performance Based Variable Incentive (PBVI) based on organizational and individual performance and as per NPPF SRR;Maximum 2 months bonus based on organizational and individual performance and as per NPPF SRR; andOther entitlements as per NPPF SRR.  
ToRs Link

Other conditions:

  1. The candidate should not be more than 54 years of age at the time of submitting application.

Interested Bhutanese nationals fulfilling the above eligibility criteria(s) is required to apply along with the following electronic copy of:  

  1. Filled NPPF Job Application Form; 
  2. Latest signed resume;   
  3. Citizenship Identity Card;      
  4. Academic transcripts with completion certificates (Masters / Bachelors) and relevant training certificates;   
  5. Medical fitness certificate for employment;   
  6. Valid RBP security clearance;
  7. Valid audit clearance certificate;   
  8. Recommendation letter from two referees (Current or past employers);     
  9. Certified documents to support total number of years of work experience and position(s) held along with duration as per requirement given above; and 
  10. Any other documents and testimonials, as may be applicable to the vacancy.  

Applicants are requested to submit the job application with the above-mentioned documents in a single pdf file of maximum size not exceeding 5 MB to yeshi.tshering@nppf.org.bt at the latest by 5 PM, 26th December 2022. 

NPPF will not be responsible for the disqualification of your candidature resulting from non-submission of full and complete supporting document.

In addition to the above, the interested candidates should be able to meet the minimum eligibility requirements as per the fit and proper requirements stated in the Royal Monetary Authority Corporate Governance Guidelines; pass the ACC integrity vetting; and any other regulatory requirements.

Please note that the original documents must be presented after the candidate has been shortlisted for verification purposes. The shortlisted candidates will be required to attend the selection process at their own expense. The date and venue of the selection will be notified to shortlisted candidates only and a maximum of five candidates will only be shortlisted based on based on qualification, work experience and leadership experience.

The selected candidate for appointment will produce a ‘No Objection Letter’ from one’s employer, if currently employed before issuance of an appointment order; and

The NPPF reserves the right to cancel the recruitment and selection process without assigning any reason thereof. 

For further queries, please contact the HRAD at +975-2-335096 during office hours.   

The NPPF reserves the right to cancel the recruitment and selection process without assigning any reason thereof. 

For further queries, please contact the HRAD at +975-2-335096(Extn. 118) during office hours.   

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