Finance Ministers

The First Finance Minister
His Excellency Lyonpo Chogyal
The appointment of the first Finance Minister was decided during the 28th session of the National Assembly on 20th May 1968.

The Second Finance Minister
His Excellency Lyonpo Dorji Tshering
He served as the Minister from 1988 to 1998. He also served as the Deputy Minister of Finance from 1983 to 1988.

The Third Finance Minister
His Excellency Lyonpo Yeshey Zimba

FM3The 76th session of the National Assembly witnessed one of the most historic developments in the Kingdom. In an unprecedented move, His Majesty the King devolved his executive powers to an elected Council of Ministers. The members of the National Assembly elected the Ministers by secret ballot. His Excellency Lyonpo Yeshey Zimba, one of the six elected ministers, took over as the Finance Minister in August 1998. Prior to the appointment to the post of the minister, he had served as the deputy minister of Finance for a period of about six months. He served as the Finance Minister from August 1998 to July 2003.

The Fourth Finance Minister
His Excellency Lyonpo Wangdi Norbu

FM4The 81st session of the National Assembly witnessed the vote of confidence for the six Lhengye Zhungtshog Ministers and with the creation of new Ministries; four new Cabinet Ministers were also elected from seven candidates through the secret ballot. Hon’ble Lyonpo Wangdi Norbu, one of the four newly elected ministers, was awarded the Orange scarf by His Majesty the King on July 9, 2003 and appointed as the Finance Minister on the 1st of August 2003. Prior to the appointment to the post of the minister, His Excellency served at different capacities, among others, as the Finance Secretary and as the Auditor General. He served as Finance Minister from July 2003 to July 2007. Lyonpo Wangdi Norbu became the first democratically elected Minister of Finance under Democratic Constitutional Monarchy, and served from April 2008 to May 2013. His Excellency picked up from where he left off in July 2007, after being given the same portfolio in the Druk Phuensum Tshogpa (DPT) government. His Excellency contested as DPT Candidate from Bartsam-Shongphu constituency in Trashigang.

The Fifth Finance Minister
His Excellency Lyonpo Namgay Dorji

FM5His Excellency Lyonpo Namgay Dorji is Bhutan’s second democratically elected Minister of Finance, who formally took charge of the Ministry on 27th July 2013. His Excellency contested as Candidate of the People’s Democratic Party (PDP) from Draagteng-Langthil constituency in Trongsa. Born on 23rd February 1968, His Excellency is from Ngada, Langthil, Trongsa. He is married with three daughters. He has Bachelors in Law from University of Bombay, Government Law College, Bombay, India; and Bachelors in Commerce from Sherubtse College, Kanglung, University of New Delhi, India. He served as a Deputy General Manager (Legal) in the then Bhutan Development Finance Corporation before joining politics in 2008.

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