The Bhutan Trust Fund for Environmental Conservation welcomes two new board members.
Welcoming them to the board, Director Dr Pema Choephyel said “We are grateful and excited to have this new diverse individuals join the board and bring their unique talents, expertise and perspectives to the BTFEC.”
During the orientation programme, for the new board members, held on September 1, the Director thanked the Cabinet for selecting the best members with number of years of experience in various fields, and said that their experience would immensely benefit BTFEC.
The Director and the Chief Finance Officer made a presentation on the journey of BTFEC, its mandate, projects undertaken with funds from BTFEC, the operation of the secretariat and BTFEC investments and funds. The new members also learned about the Royal Charter and the by-laws, and strategic plan.
The Royal Charter 1996 fully entrusts the Board with the fiduciary mandate over the Trust Fund’s financial endowment. The Board should adopt appropriate investment policies, regulations, as well as guidelines and delegate investment authority and responsibilities to the Asset Management Committee (AMC) for general investment matters and to the Secretariat for investment operations.
The management board consists of six members who have powers of the management of the Trust Fund. The members consist of: The Minister of Agriculture and Forests as the Chairman of the Board, the Director of BTFEC, as Member Secretary, GNHC Secretary, DPA Director (government), the Director of DHI (corporate), President, Ugyen Academy (Private sector), Executive Director, Bhutan Toilet Org (CSO).
As per the by-laws 2014 members selected for three years that can be renewed for one more term.
BTFEC Director with new Board Members
Tshering Dorji is Director of Public Accounts at Department of Public Accounts, Ministry of Finance, since January 2017. His current responsibilities include treasury management, fiscal transfers, government expenditure reporting and the management of National Finance Service personnel.
He joined the Ministry of Finance in 1998 as a regular employee under the National Finance Service (NFS). Since then, he has taken key positions of increasing responsibility including as the Head of Debt Management Division (DMD) from 2014 to 2016. The DMD is Government’s focal agency for development partners like the World Bank, ADB, IFAD, JICA and other bilateral countries. During his tenure in the DMD (Feb. 2009 – Dec. 2016), he led the working committee in the formulation of Public Debt Policy. He initiated and produced quarterly public debt situation reports, undertook debt sustainability analysis and formulated medium term debt management strategy for Bhutan.
He also served as Secretary to the Public Accounts Committee of the National Assembly of Bhutan from June 2006 – Dec 2007. From January – June 2015, he participated in the Voice Secondment Program (VSP) with the World Bank, Washington D.C., USA.
Apart from holding many senior positions in the Government, Mr. Dorji also represented Ministry of Finance as Board of Directors in several Government Owned Corporations. He is also a member to various working committees under the Ministry of Finance.
Mr. Dorji has a MBA from School of Management, Asian Institute of Technology, Bangkok, Thailand and is a member of CPA Australia.
Passang Tshering is the founder and Executive Director of Bhutan Toilet Org. Prior to this he was a Teacher at The Royal Academy, Paro and Bajothang High School, Wangdue where he taught mathematics and ICT. Passang is an avid blogger and freelance columnist. He monitored social media during the 2013 parliamentary election and 2016 local government elections.
Passang was Teacher Trainer for Chigphen Rigphel Project; core member of Bhutan ICT master plan (iSherig); created WiFi Park in Bajothang; and created school museum of rural heritage.
As a blogger, Passang has given talks to the teachers and students of various schools, colleges and institutions on social media for young leaders, social media revolution, future of blogging, use and abuse of social media, blogging in Bhutan, among others.
As a founder of Bhutan Toilet Org, he made over 50 toilets usable across the country, raised over 1000 volunteers with regional leaders in most districts, and has managed toilets at over 20 public events. He has also introduced toilet clubs in all the colleges under RUB in Bhutan.
Passang has B.Ed Mathematics and ICT from Paro College of Education, Royal University of Bhutan.
Farewell to two board members
Two dedicated and long-standing board members completed their terms and were honoured for their dedication by board chair, Lyonpo Yeshey Dorji, last month. Dr Lam Dorji and Choiten Wangchuk served two terms as board members since 2008. The BTFEC is grateful for their unwavering commitment to the mission of BTFEC.