In a bid to open up democratically, the government has appointed Daw Tenzin as the country’s first Governor of the freshly conceptualised Central Bank of Bhutan, which was recently transformed from the Bank of Bhutan.
Tenzin was serving at the Royal Monetary Authority under the Ministry of Finance as the Managing Director since 2003.
“The position is a challenging one, considering that the country is developing,” the government’s mouthpiece Kuensel quoted Tenzin as saying.
The Governor admitted that new things are happening in the country and the financial institutions are not very old.
With this appointment, new notes to be printed hereafter will carry the Governor’s signature.