Home / Business/ Bhutan’s State Enterprise Board approves MTI’s restructuring plan

Bhutan’s State Enterprise Board approves MTI’s restructuring plan

Comments / {{hitsCtrl.values.hits}} Views / Friday, 3 January 2020 00:00

MTI Consulting CEO Hilmy Cader and STCBL CEO Kuenga Namgay watched by the MTI and STCB team members. 


  • Bhutan marks 43rd country that MTI has carried out an assignment


STCB, which is one the key State enterprises in Bhutan, has approved the re-structuring plan that was developed in consultation with MTI Consulting. Bhutan is the 43rd country in which MTI has carried out an assignment in the last 22 years of existence. 

In a communique to MTI, STCBL CEO Kuenga Namgay said: “We would like to inform MTI that the OD Exercise report has been presented to the 119th Board held on 28 December 2019. The Board endorsed the report and STCBL would like to thank MTI for the timely and good work done. The report would help STCBL chalk out a practical and implementable way forward. Once gain thanks for the good work. Looking forward to working together soon.”

The State Trading Corporation of Bhutan Limited (STCBL), arising from a competitive international pitch, had selected MTI Consulting to help restructure the organisation via an assignment on Organisational Development. STCB is the sole authorised distributor of Toyota Motors and authorised distributor of Tata Motors and Eicher Vehicles in Bhutan. 

Meanwhile, MTI has also appointed a local Bhutanese associate who will facilitate market development and project management. The MTI delegation had also conducted a road show in Bhutan covering the corporate and business leaders and the key State officials.

“We are also using this opportunity to study the concept of Gross National Happiness, how Bhutan has effectively integrated this into governance and culture. We had enlightening exchange session with the Center for Bhutan Studies, the country’s leading research agency cum think tank, whilst sharing MTI’s thought leadership on strategy, with both parties agreeing to explore collaborations,” said MTI CEO Hilmy Cader.

MTI Consulting is an internationally networked strategy consultancy, having worked on projects in over 40 countries, including frontier markets such as Algeria, Bangladesh, Cambodia, Egypt, Jordon, Iran, Iraq, Lebanon, Maldives, Mexico, Myanmar, Nigeria, Pakistan, Palestine, Philippines and Syria.


Share This Article

Facebook Twitter


1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.


Today's Columnists

US-Iran standoff could hurt South Asia

Saturday, 18 January 2020

The killing of the second most powerful leader in Iran by the US military a few days back immediately resulted in investors fleeing away from volatile assets and also helped to destabilise the region once again. The US could very well find itself wit

Tea and Empire

Saturday, 18 January 2020

For more than a century, tea has been a major stay of our economy; a primary earner of foreign exchange, an income source for many thousands. Like all commercial crops organised as labour intensive plantation industries, earnings range from the lavi

Is assisting Election Commission a disqualification to serve on ICTA Board?

Friday, 17 January 2020

I was saddened by the criticisms of the suitability of two of the current directors of the ICT Agency Sanjiva Weerawarana, Wasantha Deshapriya to hold office because they had assisted the Election Commission develop its technology capabilities on th

Nudity exposed

Friday, 17 January 2020

The collection of recorded telephone conversations of Ranjan Ramanayaka can be said to have become a kind of collection of short films that reveal the degeneration of the entire institutional system of the country while conveying the message of it to

Columnists More