Erdenes Mongol’s NEW CEO appointed

Ts. Tumentsogt is today designated as CEO of Erdenes Mongol, a state owned investment company.

The company’s board meeting is going on at the moment, and the decision has come from the meeting. The previous CEO B.Byambasaikhan informed that he would relinquish his position in earlier this month. However many people have been discussed for the new CEO position, and finally Ts. Tumentsogt is appointed.

Ts. Tumentsogt has been working as Chief Representative of the General Electric, a US-based giant, for 5 years and is a well acknowledged man in the Mongolian business field.

In last June, Erdenes Mongol and GE Mining established a MoU to form a strategic relationship with regard to the development of mining, energy and infrastructure projects in Mongolia.

S.Bold-Erdene