Our Purpose
Safeguard and enhance national wealth for all generations of Bhutanese through prudent investments.
“The primary purpose of Druk Holding and Investments Limited (DHI) shall be to ensure that its companies are able to meet the challenges and requirements of the corporate sector in a highly competitive global economy, such that DHI creates and maximizes returns to its shareholders, the people of Bhutan.”
~ From the Royal Charter granted on 11 November 2007 to establish DHI.Our Mission
To safeguard and enhance national wealth for all generations of Bhutanese through prudent investments.
Our Vision
To be the leading wealth management and creation organization that helps transform Bhutan into a globally competitive economy guided by the principles of GNH.
Our Journey
Corporate Governance
As a trusted steward, we actively promote the best corporate governance practices across our group of companies. This includes appointing highly capable, experienced, and diverse board of directors who provide guidance and complement the leadership of the management team.
Our Governance Structure
Guidance by the Royal Charter: The governance structure of DHI is guided by the Royal Charter, which sets out clear authority and duties of the Board.
Board Profile: Our Board provides strategic direction and guidance to the Management.
Appointments:
.- The Chairman of the DHI Board is appointed by His Majesty the King.
- Other Board Directors are appointed by the Blue-Ribbon Panel (A five member panel led by DHI Chairman, with members from other statutory agencies).
- The Board appoints the CEO.
Our Governance Framework
Our governance framework prioritizes the creation and maximization of returns to its shareholders and places the institution at the center of its operations.
Transparency and adherence to regulations are fundamental principles within our governance framework.
Our Board and Management team diligently uphold these principles by complying with the provisions of the Royal Charter, Companies Act of Bhutan 2016, and other relevant rules and regulations.
Commercial Mandate
We own and manage our portfolio with full commercial discretion and flexibility including investment, divestment and business decisions under the guidance of our Board.
We adopt a prudent and strategic approach to managing our portfolio as responsible investors and asset owners.
Governance of our Portfolio Companies
As an active owner and principal shareholder, we promote best corporate governance practices in our portfolio companies.
We appoint Board of Directors and CEOs who are professionally qualified, well-experienced, highly motivated and of high integrity.
We track our portfolio's performance to ensure sound business management and financial control by setting performance targets and benchmarks and holding them responsible for meeting them.
Our Board Committees
Board Audit Committee (BAC)
The Board Audit Committee is a subcommittee of the DHI Board established to provide an independent oversight responsibilities by reviewing, among other things, the organization financial reporting and compliance, risk management and internal control, oversight of Internal Audit Unit functions and reviews the scope, engagement and independence of the external auditors.
The BAC operates under a formal BAC Charter approved by the DHI Board which outlines the roles and responsibilities, authority and the membership. This charter is reviewed periodically to ensure it remains aligned with best practices. The BAC is supported by the Internal Audit Unit of the DHI.
Nomination and Governance Committee (NGC)
The Nomination and Governance Committee (NGC) is a joint body comprising members from both DHI and the Boards of DHI-owned and DHI-controlled companies. It is mandated to oversee the selection and appointment of Chief Executive Officers (CEOs) for these companies.
Key responsibilities include:
.- Finalizing the CEO’s Terms of Reference and selection criteria
- Defining the selection methodology
- Leading formal interviews
- Recommending the most qualified candidate to the respective Board for appointment
- The final authority for CEO appointments rests with the DHI Board.
Reporting Complaints
Please report any complaints by submitting the complaint reporting form here.
