THE BCM ELECTS TWO NEW MEMBERS OF BOARD OF DIRECTORS

THE BCM ELECTS TWO NEW MEMBERS OF BOARD OF DIRECTORS

The BCM during its Board meeting last week elected two new Board members. From the five candidates who competed, Mr. S. Enkh-Amgalan, Executive Director of Petrovis Oil LLC  and Mr. N.Manduul, Executive Vice President of ETT Mining LLC, had the most votes. The news of the two new Board members was announced by Chairman Mr. Byambasaikhan during the BCM's New Year party.

Mr. S.Enkh-Amgalan, CEO of Petrovis Oil LLC

Mr. S. Enkh-Amgalan is the CEO of Petrovis Oil LLC, fuel import and distribution holding company. He held executive positions in mining and energy sectors as Advisor to the Mining Minister of Mongolia, President and CEO of SouthGobi Resources listed at Toronto and HKEX, and Vice President of Mongolian Mining Corporation listed at HKEX and had an outstanding career with MCS Group. He led the successful completion of the first Mongolian commercial-scale windfarm “Salkhit” as the CEO of Clean Energy LLC.

Mr. Enkh-Amgalan is involved in the business community with Board responsibilities at the BCM and member of the CEO Club. He was the Founding President of Ambassadors for Development, US State Alumni Association

Mr. N. Manduul – Executive Vice President of ETT Mining LLC

Mr. N.Manduul has been serving for ETT Mining LLC since 2019, a spinoff of Erdenes Tavantolgoi JSC, with the purpose for Tavantolgoi international IPO project. Leeds the project, formulates the overall strategy and directs company operations to the TT IPO project.

From 2018 to 2019, Manduul worked as the Head of Securities and Markets division and Senior advisor to CEO at Erdenes Tavantolgoi JSC. From 2014 to 2018, he led Financial Policy Department of the Ministry of Finance. Served as Board Member/Commissioner at the Financial Regulatory Commission. Chaired Mongolian Stock Exchange, Credit Guarantee Fund of Mongolia.

Graduated MBA at Brandeis International Business School in the USA and BA in Business Administration at American University in Bulgaria.

We are happy to welcome Mr S.Enkh-Amgalan, and Mr. N.Manduul to our family and their expertise shall bring invaluable contribution to the BCM's purpose of delivering value to our members.

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