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LKHAGVASUREN BYADRAN TAKES THE OFFICE AS THE GOVERNOR OF THE BANK OF MONGOLIA

Date: 2019/11/22

On the plenary session of the State Great Khural of Mongolia, held on November 22, 2019, the parliament appointed Mr. B.Lkhagvasuren to the position of the Governor of the Bank of Mongolia according to the Law on the State Great Khural of Mongolia Article 43.1 clause 43.1, the Law on Central Bank Article 26 clause 26.1 and the Law on the Procedure of the Plenary Session of the State Great Khural Article 45 clause 45.2.

The Governor of the Bank of Mongolia

Mr. B.Lkhagvasuren

Education

1999: Master of International Economics, University of Columbia, United States of America

1989: Bachelor of Economics, School of Economic Studies, Mongolian National University, Mongolia

Professional experience

2019-present: Governor of the Bank of Mongolia

2016-2019: Deputy Governor, Bank of Mongolia

2013-2016: - Chief Executive Director, Deposit Insurance Corporation, Mongolia

       - Vice President, Mongolian Bankers Association

2009-2013: Director General, Supervision Department, Bank of Mongolia

2001-2009: Director General, Payment and Information Technology Department, Bank of Mongolia

2002: Member, Financial Regulatory Commission, Mongolia

2000-2001: Advisor to the Governor, Bank of Mongolia

1999-2000: Regional Financial Management Advisor, Northeast Asia and Pacific region located in Washington, The World Bank, United States of America

1997-1998: Director General, Supervision Department, Bank of Mongolia

1994-1997: Senior economist, Monetary Policy Department, Bank of Mongolia

1989-1994: Researcher, Economic Research Institution of Science, Mongolia