Mr. Jambaljamts was appointed as an Executive Director and the Chairman of the Board of directors of the Company in May 2010. He is the Chairman of the Nomination Committee and a member of the Remuneration Committee of the Company.

Mr. Jambaljamts is a graduate of the Kyiv Polytechnic Institute, Ukraine, and holds his master’s degree from the Maastricht School of Management, Netherlands. From 1993 to the present, Mr. Jambaljamts has been the Chairman of MCS Group, which includes MCS Mining Group LLC and MCS Mongolia LLC, controlling shareholders of the Company. Under his management, MCS Group has become one of the largest and most diversified privately held holding companies in Mongolia.

Dr. Gotov was appointed as an Executive Director and Chief Executive Officer of the Company in May 2010.

Dr. Gotov was awarded a master’s degree in science and a Ph.D. in organic chemistry by Comenius University, Slovakia. Dr. Gotov has started his professional career as an assistant professor at the Comenius University, and has worked on highly successful projects in Mongolia and abroad. Since 2004, Dr. Gotov served in various managerial positions within the MCS Group companies.

Dr. Gotov joined the Group in 2008 as Chief Executive Officer of Energy Resources LLC and was instrumental in the successful transformation of the Group’s operations from a green field project to a fully integrated coal mining, processing, transportation and marketing platform.

Dr. Gotov is a Board member of the Mongolian National Mining Association and the Mongolian Coal Association respectively, and is also a member of the Mongolian Mineral Resources Policy Council.

Ms. Gombo was appointed as a Non-Executive Director of the Company on 30 September 2017. She is also a member of the Audit Committee of the Company.

Ms. Gombo was awarded a bachelor’s degree in Banking and Finance by the Economics College of Mongolia in 1994, and was awarded a master’s degree in International Banking and Finance at Birmingham University Business School, Birmingham, United Kingdom.

Ms. Gombo started her career at MCS Group as a financial analyst in 2003 and since then has held various managerial positions within the MCS Group. She is currently serving as the Vice President of MCS Holding LLC. During her tenure with MCS Group, she has gained extensive experience in strategic planning, valuation of investment decisions, financial reporting and accounting.

Mr. Jambaljamts was appointed as a Non-Executive Director of the Company on 4 July 2012. He is also a member of the Environmental, Social and Governance Committee of the Company.

Mr. Jambaljamts was awarded a bachelor’s degree in International Relations from the Institute for International Relations, Russia, and a master’s degree in arts majoring in foreign affairs from the University of Oxford, United Kingdom.

Mr. Jambaljamts is the President of MCS Group and a Director of the number of subsidiaries within the MCS Group. He has over 20 years of experience in both private and public sectors of Mongolia and has extensive experience in working with companies in a diversity of fields. Mr. Jambaljamts also serves as the Honorary Council General of the Kingdom of Denmark in Mongolia and a member of the Board of Ulaanbaatar Chamber of Commerce in Mongolia.

Dr. Chuluundorj was appointed as an Independent Non-Executive Director of the Company on 8 January 2016.

Dr. Chuluundorj is the Chairman of the Remuneration Committee and a member of the Audit Committee, the Environmental, Social and Governance Committee, and the Nomination Committee of the Company. He was awarded a bachelor’s degree in economics from the Moscow State University, Russia in 1989, a master’s degree in economics from the Graduate School of Economics, Yokohama City University, Japan in 1996, and a PhD in international economics from the Graduate School of Economics, Keio University, Japan in 2003.

From 2009 to 2012, he served as the Chairman of the National Development and Innovation Committee of Mongolia, a government agency in charge of national development strategies and investment policy. As one of the leading economists of the country, he managed government efforts to adopt economic and development policies and legislation in a wide range of fields, and hugely contributed to the successful implementation of major economic development programs in Mongolia.

Dr. Chuluundorj is a professor at the Department of Economics, and a member of the Academic Council of the National University of Mongolia. He also serves as an Executive Director of the Mongolian Oil Shale Association and is engaged in managing a number of non-governmental organisations and research consulting activities. Dr. Chuluundorj is an Independent Director of the Mongolian Mortgage Corporation and Invescore NBFI respectively. Additionally, he is the Chairman of the Board of Practical Insurance LLC since May 2018. He was appointed as an Independent member of the Monetary Policy Council of the Bank of Mongolia in June 2018. 

Mr. Ganbyamba was appointed as a Non-Executive Director of the Company on 1 January 2022. He is also a member of the Environmental, Social and Governance Committee of the Company.

Mr. Ganbyamba was awarded a bachelor’s degree in Financial Management from the Mongolian University of Science and Technology in 2006 and awarded a master’s degree in Financial Management by the Keller Graduate School of Management, DeVry University, United States in 2012. Mr. Ganbyamba is also a Chartered Financial Analyst.

He joined the MCS Group in 2005 as a financial analyst and worked for various subsidiaries of the MCS Group companies respectively. Mr. Ganbyamba served as the Deputy Chief Executive Officer of Goyo LLC from 2012 to 2013, and subsequently served as the Vice President and Chief Financial Officer of Unitel Group from 2013 to 2020.

Mr. Ganbyamba is currently serving as the Chief Executive Officer of MCS Investment LLC and MCS Ventures LLC, respectively. 

Mr. Jigjid was appointed as an Independent Non-Executive Director of the Company on 16 September 2010.

Mr. Jigjid is the Chairman of the Environmental, Social and Governance Committee and a member of the Audit Committee, Nomination Committee and Remuneration Committee of the Company.

Mr. Jigjid was awarded a master’s degree in economics by the Moscow Institute of Economics and Statistics, Russia, and a master’s degree in international affairs by Columbia University, USA.

During his remarkable tenure in the public service, Mr. Jigjid served as the Governor of the Bank of Mongolia and as the Executive Director of the Mongolian Bankers Association.

Since 2009, Mr. Jigjid worked an Executive Director of the Corporate Governance Development Center in Mongolia and was appointed as the Head of the Center in March 2015. From October 2010 to present, Mr. Jigjid has also been serving as a Director of Golomt Bank and a Board member of the Open Society Forum in Mongolia. 

Mr. Chan was appointed as an Independent Non-Executive Director of the Company on 16 September 2010.

Mr. Chan is the Chairman of the Audit Committee and a member of the Environmental, Social and Governance Committee of the Company.

Mr. Chan was awarded a bachelor’s and master’s degree in business administration from the University of Hawaii, United States, and is a Certified Public Accountant with the American Institute of Certified Public Accountants. Throughout his extensive professional career, Mr. Chan held various positions at both international and national financial institutions in Hong Kong, as well as notable community and public service institutions.

At present, Mr. Chan is a member of the Disciplinary Appeals Committee of the Hong Kong Securities Clearing Company Limited, a board member of the Community Chest of Hong Kong, and a member of the council of Hong Kong Red Cross and the Standing Committee on Judicial Salaries and Conditions of Service respectively. Mr. Chan was appointed as a senior advisor to The Bank of East Asia Limited in March 2009 and the CVC Capital Partners Limited in November 2010. He is also a board advisor to the Hong Kong New Territories General Chamber of Commerce.