Vacancy Announcement

Your Partner for Growth and Security

No. RICB/GAD/HRD(01)HO/2018/                                                       January 27, 2018

                                                           Vacancy Announcement

                                         Royal Insurance Corporation of Bhutan Limited

The Board of Royal Insurance Corporation of Bhutan Limited is pleased to announce the vacancy for the post of the Chief Executive Officer as under:

PositionQualification & ExperienceContract TenureSalary & Benefits
Chief Executive Officer1. Minimum Bachelors Degree with preference in the field of Economics/ Commerce/ Finance/ Business Administration. 2. Minimum working experience of 15 years in the Public Service/Civil Service/Corporate sector/Autonomous agencies with a minimum of 5 years at EX level and above in the civil service and GM and above in corporate sector.Initial contract period of 3-5 (Three-Five) years.Remuneration will be Negotiable andwill commensurate with the relevance of qualification, competency, past work experience. Corporate Allowance of 45% on basic pay. Other benefits and allowances shall be as per the service rule of the Company.

The duly filled application form along with all required documents specified in the Terms of Reference must be submitted to the Head, GAD/HRD, RICB, Head Office, Norzin Lam, Post Box No. 315, Thimphu. Any incomplete application received shall not be considered under any circumstances.

The short-listed candidates shall be required to attend selection interview. The original documents must be presented at the time of interview.

The detail Terms of Reference and other relevant forms can be downloaded from the RICBL website: or can be obtained from RICBL, Head Office, Thimphu.

The last date for the submission of the application is on or before 12:00 noon on 10th February 2018.

For further enquiries kindly contact Mr. Tshewang Jigme, Head, GAD/HRD, RICBL, Head Office, Thimphu at 17636842 (M), 328308 (D)

1. Terms of Reference for CEO ( click here to download)

2. RICB Job Application Form ( click here to download)

3. RMA Biographical Form ( click here to download)