An autonomous entity to hold and manage the assets and investments of the Zhung Dratshang
The company was operationalized as a separate legal entity with commercial objectives from 1st October 2023.
GNY engages in commercial and investment activities such as asset management, securities trading and fundraising for investments across various asset classes.
With a strategic and forward-thinking approach, GNY is dedicated to safeguarding and enhancing the value of the Zhung Dratshang’s assets while ensuring proper utilization.
This commitment underscores its dedication to preserving and advancing religious initiatives for the future.
We strive for gender equality in our workplace
60%
Male
40%
Female
Meet our Board of Directors
Accomplished professionals, entrusted with overseeing corporate governance, safeguarding shareholder’s interests, and providing strategic guidance.
Meet our amazing team
A collaborative ensemble of skilled professionals, dedicated to achieving excellence.
Dasho Karma Yonten
Chairman of Gerab Nyed-Yon
His Majesty’s Secretariat
Education
- MBA, 2003 – Hitotsubashi University, Tokyo, Japan. (Monbusho Scholarship)
- BSc. Electrical and Computer Engineering, 1992 – University of Kansas, USA. (Fulbright Scholarship)
Work Experience
- Founding CEO of Bhutan Electricity Authority(Mar 2003 – Apr 2006)
- Partner of Ongdi Consultancy Services (May 2006- Oct 2007)
- Founding CEO of Druk Holding and Investments (DHI)( Nov 2007- Nov 2014)
- Office of Performance Management, His Majesty’s Secretariat (Nov 2014 – Present)
Choni Ome
- Masters in Business Administration at ESSEC Business School, Paris, France (2014)
- B.A Economics and Pre-Medical Studies at Wellesley College, Wellesley, Massachusetts, United States of America (2008)
Work Experience
- Project Coordinator at Royal Education Council, Bhutan (August 2008 – August 2009)
- Research Analyst (short term contract) at iTechnologies Limited., Bhutan (September 2009 – February 2010)
- Associate Director at Druk Holding and Investments Ltd. (March 2010 – February 2023)
Lopen Choten Dorji
- Translator and editor at the Department for the Promotion of Buddhist Practices, under the Central Monastic Body of Bhutan
- Leytshog Dungchen, Monastic Council for Administration and Development Affairs, Zhung Dratshang
Education
- Kyoto University, Japan: Nov. 2020 – Nov. 2021. International Research Fellow of the BDK Fellowship.
- International Buddhist College, Thailand: 2014-2016. Masters of Arts (MA) in Buddhist Studies (International Program).
- Reitaku University, Japan: 2012-2013. Certificate in the Japanese Language.
- Lekshed Jungney Shedra (Buddhist College), Bhutan: 2006-2009. Bachelor’s Degree (BA) in Buddhist Studies (Tibetan Buddhism).
Work Experience
- Focal Person from the Clergy to the Promotion of Mental Health program of WHO in Bhutan.
- Student President at International Buddhist College, Thailand (2014-2016).
Kinzang Tobgay
- Certified Practicing Accountant, CPA Australia
- Bachelor of Business, University of South Australia (2000 – 2001).
- Bachelor of Commerce (Honours), Sherubtse College, University of New Delhi, India 1996 – 1999
Work Experience
- Director in Finance Department at Druk Holding and Investments (DHI) (Feb 2008 to December 2014)
January 2015-Present
- Managing Partner, Bhutan Consultancy Services.
- CEO, Lhojong Construction Private Limited.
- Executive Director, Lhojong Insurance Brokers Private Limited.
- Executive Director, Sershing Securities Private Limited.
- Managing Partner, Yurmung Stone Quarry
Sangay Dendup, Chief Executive Officer
- Fellow CPA, CPA Australia ( Completion year: 2019)
- Master of Management (Financial Management), Mahidol University, Thailand (2012-2013).
- Bachelor of Commerce Hons., Sherubtse College, Delhi University (2002-2004).
Work Experience
- Head, Administration & Finance Division in Army Welfare Project Limited (Jun 2005 – Jul 2017)
- General Manager, Project Affairs Department in GYALSUNG INFRA – The National Service Project (Feb 2020 – Sep 2022)
- General Manager, Corporate Strategy Office in Construction Development Corporation Ltd (Aug 2017 to Sep 2023)
- CEO of Gerab Nyed-Yon ( Oct 2023 -Present)
Dorji Nima
Education
- Masters of Business Administration (July 2008 – July 2010) from Australian Graduate School of Entrepreneurship, Swinburne University of Technology (AusAID Scholarship) Victoria, Australia
- Bachelor of Business Administration (June 2001 – July 2004]) University of Madras (RGoB Merit Scholarship) Tamil Nadu, India
- Diploma of e-Commerce (June 2002 – December 2002) CSC Institution (Part-time) Tamil Nadu, India
- Diploma of International Airlines Management (June 2001 – July 2004) All India Institute of Management and Science Tamil Nadu, India
Work Experience
- Sr. Analyst, Planning and Monitoring at DHI (Sep2013-sep 2017)
- Associate Director, Corporate Performance Department (CPD) at DHI (Sep 2017- Feb 2021).
- Director, Corporate Performance Department (CPD) at DHI ( March 2021-Present).
Rinchen Wangdi
Education
- Master of Business Administration (MBA) in Infrastructure at RERI University in New Delhi, India (July 2009)
- Bachelor’s Degree in Civil Enguneering at Regional Engineering College in Rourkela, Orissa, India (June 2001)
Work Experience
- Assistant Engineer/Dy. Executive Engineer – Contract Administration Unit National Housing Development Corporation Development Control Division Thimphu : Bhutan January 2001 – January 2010
- Executive Engineer – Building Section Development Control Division Thimphu Thromde Thimphu : Bhutan February 2010 – August 2012
- Chief Engineer – Public Health Engineering Division Department of Public Health Ministry of Health Thimphu : Bhutan September 2012 – July 2020
- Lead – Infrastructure Division
Design Monitoring & Quality Assurance Department Gyalsung Infra His Majesty’s Secretariat Zhichenkhar : Thimphu August 2020 – July 2022 - Chief Executive Officer National Housing Development Corporation Ltd. Thimphu : Bhutan July 2002 – Till Date
Sangay Dendup
Employee Details
Designation: Chief Executive Officer
Grade: E1
Employment Type: Contract Office: GNYL, Namgyel Khangzang, Simtokha, Thimphu
Summary
Professional Accountant with 19 years of work experience including 7 years in the senior executive position. Self-directed professional with expertise in finance and strategic management accounting. Known for his compassionate leadership skills with sound technical knowledge and experiences.
Core Competencies
- Proficient in developing and implementing corporate strategic plans and internal control designs (A Strategist)
- Skilful in analyzing cost accounting procedures and identifying areas for continuous improvement, contributing to the organisation’s growth (The CFO)
- Capable of motivating and supervising teams to achieve both personal and group excellence (The CEO)
Qualification
- Fellow CPA, CPA Australia (Completion Year: 2019)
- Master of Management (Major: Financial Management), College of Management Mahidol University, Bangkok Thailand (Completion Year: 2013)
- Bachelor of Commerce (Honours), Sherubtse College, Kanglung, Bhutan (Completion Year: 2004)
- ISC, Jigme Sherubling Higher Sec. School, Khaling, Trashigang Bhutan (Completion Year: 2001)
Work Experience
- Gerab Nyed-Yon Ltd. (01/10/23 to-date)
- Gyalsung Infra (NS) (01/02/20 – 30/09/22)
- Construction Dev. Corp. Ltd. (14/08/17 – 30/09/23)
- Army Welfare Project Ltd. (01/06/05 – 08/08/17)
- SNV Netherlands Dev Org. (01/01/05 – 31/03/05)
Penjor
Designation: Director, LRED
Employment Type: Contract
Office: GNYL, Namgyel Khangzang, Simtokha, Thimphu
Summary
As a corporate professional with over 18 years of experience, including 3.5 years as a Project Manager at His Majesty’s Secretariat, he excels in public service strategic planning and management.
Skill highlights:
- Business Strategic Planning & Implementation
- Performance Management Systems
- English-Dzongkha-English Translation
- Human Resource Management & Development
- Analytical Problem-Solving, enhancing resource utilization
- Co-founded asset holding & management company
- Established state-owned enterprise for farm mechanization
- Proficient in team motivation, training, and supervision, fostering personal and group excellence.
Qualification
- Master of Business Administration (MBA) specialized in the field of organizational behavior and leadership (2017-2019).
- Bachelor of Arts, Buddhis Philosophy, Tango University of Higher Buddhist Studies (2004-2007).
Work Experienc
- Director, Land and Real Estate Department, Gerab Nyed-Yon Limited
- Project Manager, Royal Project for Zhung Dratshang (April 2020-September 2023)
- Sr. Administrative Officer, Agriculture Machinery Centre (April 2015-March 2020)
- Information and Media Officer, Information and Communication Services (July 2011-March 2015)
- Translator, Legal Services, Royal Civil Service Commission (July 2007-June 2011)
Payma Jumtsho
Employee Details
Designation: Senior Analyst (CSD)
Grade: PS3
Employment Type: Contract
Office: Namgyel Khangzang, Simtokha, Thimphu
Summary
An IT professional by trade and over 15 years of diverse experience having worked in the private sector, corporations and own entrepreneurial ventures. Experienced in various roles spanning from application development, ERP implementation, project management and leadership positions. Self-driven and inquisitive and with a knack for identifying innovative solutions for complex challenges.
Skills Higlights
- Problem Solving – A skill developed as a software architect through the rigorous processes of root cause analysis and translated into other areas of work. The ability to access and provide long term solutions for issue and organizational enhancements.
- Innovative Thinking – Constantly exploring new technology, processes and contextualizing to Bhutan‘s needs enabling the ability to bring forth innovative and practical ideas that can be implemented on the ground.
Education
- Bachelors in Computer Science, Tamil Nadu, India (Completion Year: 2008)
- Science, Yangchenphu High School, Thimphu: Bhutan (Completion Year: 2004)
- Lungtenzampa Jr. High School, Thimphu: Bhutan (Completion of Year: 2002)
Work Experienc
- Gerab Nyed-Yon Ltd. 01/11/2023 – till date
- Rigpai Ling 01/01/2020 – 31/10/2023
- Zealous Pvt. Ltd. 01/02/2019 – 30/12/2019
- Construction Dev. Corp. Ltd. 01/10/2016 – 28/02/2019
- DHI-Infra Ltd. 01/05/2011 – 30/09/2016
- New Edge Tech. Pvt. Ltd. 01/09/2008 – 30/04/2011
Leki Phuntsho
Grade: PS2
Employment Type: Contract
Education
1. Master of Business Administration (MBA), University of Canberra, Australia
2. Bachelor of Business Administration (BBA), Bhagwant University, India
3. Diploma in Financial Management (DFM), Royal Institute of Management,
Thimphu Bhutan
Work Experience
1. Follow-up & Legal Service Division, Department of Follow-up and Regions, Royal
Audit Authority, Thimphu Bhutan. (22/12/2017 – 07/11/2023)
2. Corporation & Financial Institution Division, Department of Performance &
Commercial Audit, RAA. (01/01/2017 – 21/12/2017)
3. Social Communication & Information Division, Department of Sectoral Audit,
RAA. (01/08/2007 – 31/12/2016)
4. Resource Trade & Commerce Division, Royal Audit Authority. (01/07/2006 –
31/07/2007)
5. Appointment in Royal Audit Authority, Thimphu Bhutan. (01/07/2006)
Ngawang Yangchen
Designation: Associate Analyst, Sales & Marketing
Grade: PS1
Employment Type: Contract
Education
1. Bachelor in Business Administration – Marketing, Gedu College of Business
Studies – Completion Year:2023
2. Losel Gyatsho Academy, Gelephu, Serpang – Completion Year: 2019
3. Ramjar Middle Secondary School, Trashi Yangtse – Completion Year – 2016
Work Experiences
1. Completed a five-month internship at Gerab Nyed–Yon Limited.
Kunzang Dorji
Designation: Senior Analyst (ID)
Grade: PS3
Employment Type: Contract
Office: GNYL, Namgyel Khangzang, Simtokha, Thimphu
Summary
Mr. Kunzang Dorji has 10 years experience in Finance and Accounting and proficient in SAP ERP FICO and other module.
Core Competencies
- Strong communication skills
- Critical thinking and analytical skills
Education
- Master of International Business (Finance), International College of Management Sydney, Australia NSW (Completion Year: 2020)
- Bachelor in Commerce in Sherabtse College, Kanglung, Bhutan (Completion Year: 2007)
- Jakar Higher Secondary School (Commerce) (Completion Year: 2004)
Work Experience
- Assistant Finance Office, Druk Green Power Corporation, Chukha, – 2009
- Core Team Member for Financial & Controlling Module ERP Project, Druk Green Power Corporation, Thimphu – 2011
- Lead Financial & Controlling Module, Druk Green Power Corporation, Thimphu – 2014
- Support Service Officer, Royal North Shore Hospital, Sydney, Australia – 2022
- Deputy General Manager (Finance) Bhutan Hyundai, Thimphu – 2023
- Senior Analyst, Gerab Nyed Yon Limited, Thimphu – Nov 2023 onwards.
Kunzang Pelden
Designation: Company Secretary
Grade: PS1
Employment Type: Contract
Office: GNYL,Namgyel Khangzang, Simtokha, Thimphu
Summary
Has managerial experience working as Company Secretary cum (Lead)Legal Unit for more than four years and six months in Penden Cement Authority Limited.
Education
- Post Graduate Diploma in National Law from Royal Institute of Management Simtokha, Thimphu
- B.A, LLB from Sikkim Government Law College, Gangtok, Sikkim
Work Experience
- Company Secretary cum Legal Officer, Penden Cement Authority Limited, 1st June-3rd February 2024.
Khenrab Yoezer
Designation: Associate Analyst,
Land & Real Estate Department
Grade: PS1
Employment Type: Contract
Office: GNYL, Namgyel Khangzang, Simtokha, Thimphu
Education
- Bachelor in Commerce, Jiwaji University, Madhya Pradesh, India – 2015
- Zhemgang Higher Secondary School, Zhemgang – 2011
- Shingkhar Primary School, Shingkhar, Zhemgang – 2000
Work Experience
- Sr. Credit Officer cum Officiating Credit Head at Bhutan Care Credit Ltd, His Majesty’s Secretariat: Aug 2023 – Dec 2020.
- Credit Officer, Bhutan Care Credit Ltd, His Majesty’s Secretariat: Oct 2021 – Jul 2023.
- Assistant Credit Officer: Oct 2017 – Sep 2021.
- Assistant Manager: Trongsa Penlop Club Restaurant, Sep 2016 – Sep 2017.
- Site Supervisor: Phajoding Monastery Conservation Project, Department of Culture, MOHCA, one year.
Pema Chezom
Designation: Associate Analyst HRA
Grade: PS1
Employment Type: Contract
Office: GNYL, Namgyel Khangzang, Simtokha, Thimphu
Skill Highlight
- Have strong communication abilities and Coordination Flexibility.
Education
- Masters of Business Administration, Rural Management in Jaipur, Rajasthan, India (Completion Year: 2021)
- Bachelor of Arts in Economics and Population Studies in Sherabtse College, Kanglung, Trashigang, Bhutan (Completion Year: 2016)
- Kuendrup Higher Secondary School (Completion Year: 2012)
Work Experience
- Enumerator, NSB, Thimphu, 2016
- Substitute Teacher, Damphu LSS, Tsirang, 2017
- Contract Teacher at Tsirangtoe Central School & Rangthangling Primary School from April 2018 to June 2019
- Teaching Assistant, Development Economics, RTC, Thimphu, 2022
- EduConnect Education Consultancy &Placement Firm, (Jan 2023 – Oct 2023)
Sangay Lhadon
Designation: Property Management Officer
Grade: OS3
Employment Type: Contract
Office: GNYL, Namgyel Khangzang, Simtokha, Thimphu
Education
- Bachelor in commerce with major in accounting at Gedu College of Business Studies (2018-2021).
- Pursued higher secondary education from Ugyen Academic
- Pursued middle to higher secondary education from 2014 – 2015 in Damphu Central School with Economy as an optional subject.
- Attended primary to lower secondary school at Tsirangtoe Central School from 2004 – 2012
Work Experience
- Royal Project for Zhung Dratshang – 01/10/2022 – 30/09/2023
- Gerab Nyed-Yon Limited (Oct 2023 till present )
Choki Wangmo
Designation: PS to CEO / Receptionist
Grade: OS2
Employment Type: Contract
Office: GNYL, Namgyel Khangzang, Simtokha, Thimphu
Education
- Diploma in IT E-Commerce (Completion Year: 2021)
- Darla Middle Secondary School, Chukhha, Bhutan (Completion Year: 2014)
- Gelephu Higher Secondary School, Sarpang, Bhutan (Completion Year: 2018
Work Experience
- Receptionist in Hospitality and Tourism Sector
- De-ssung Skilling Program
Kencho Dorji
Designation: Accounts Associate I
Grade: OS3
Employment Type: Contract
Office: GNYL, Namgyel Khangzang, Simtokha, Thimphu
Education
- Currently pursuing B. Com degree program at Royal Thimphu College.
- Holds a Diploma in Financial Management from RIM/NTTA.
- Completed Class XII in Commerce from Chhukha Higher Secondary School, Chhukha
- Completed Class X in General from Bajo High School, Wangduephodrang.
Work Experience
• Sr. Accountant at DGPCL’s Finance and Investment Department, Thimphu: 4 years from 2020 to 2023.
• Sr. Accountant cum Asset Officer at Tangsibji Hydro Energy Limited, Trongsa: 4 years from 2016 to 2019.
• Accountant at Chhukha Hydropower Plant, DGPCL: 9 years from 2008 to 2013.
• Commercial Accountant at Chhukha Hydropower Corporation Limited: 7 years from Jan 2003 to 2008. Total 20+ years in hydropower projects.
Sonam Wangdi
Grade: PS1
Employment Type: Contract
Office: GNYL, Namgyel Khangzang,
Simtokha, Thimphu
Education
- Bachelor in Civil Engineering, College of Science & Technology, Phuntsholing, Bhutan. (Completion Year: 2017)
- Drukgyel Higher Secondary School, Paro,Bhutan (Completion Year: 2012)
- Bartsham Middle Secondary School (Completion Year: 2010)
Work Experience
- Site engineer, Ms. DCCPL & Ms. GICPL, 2017
- Project Engineer, Ms. Druk Magical Pvt Ltd, 2021
- Project Manager, Ms. Rigsar Construction Pvt Ltd
Frequently asked questions
Gerab Nyed- Yon Ltd. is an autonomous entity entrusted to hold and manage the assets and investment of the Zhung Dratshang.
His Majesty The Druk Gyalpo granted the Royal Charter on 30th April 2023 institutionalizing Gerab Nyed-Yon as an autonomous entity to manage the assets and investments of the Zhung Dratshang.
- Undertake commercial and investment activities.
- Revitalize, restructure and expand existing investments.
- Make new investment across asset classes within Bhutan and beyond for a diversified portfolio.
- Raise funds for investments.
- Trade in securities and other investments.
- Grow the assets and at the same time provide a stable source of income to the Zhung Dratshang.
Organization Structure
How roles, responsibilities, and communication channels are distributed within the company
Department
Division
Sub-Division
Evolving Function
