THIMPHU, 8 September 2025 – Ugen Trading Private Limited announced the appointment of Mr. Kezang as its new Chief Executive Officer, effective September 1, 2025. This decision is the cornerstone of the company’s “Ugen 3.0: Strategic Reset and Consolidation” initiative, focused on driving financial stability and strategic growth.

The new CEO takes on the charge to stabilize finances, optimize operations through the 3S Model (Sales, Service, Spares), and position the company as a key partner in national infrastructure development.

“This is a strategic appointment, timed perfectly to lead us out of the ensuing economic distress,” stated Ugen Norbu Jamyang, Chairman.

“Our priorities are clear: strengthening our financial situation, investing in our talent, and delivering world-class service. This is Ugen 3.0, and our best years are ahead,” said Kezang.