At the plenary meeting of the Government, on February 4, B.Byambasaikhan of Newcom LLC was appointed Executive Director of Erdenes Mongol LLC, a state-owned company. 

Today he has officially received his duties. O.Sainbuyan handed-over the stamp of the company and wished the new Executive Director success in his future work.

B.Byambasaikhan served as Head of the Economic Council under the jurisdiction of the Prime Minister during the governance of N.Altankhuyag's Innovation Government.

Erdenes Mongol is the nation's biggest state-owned company and owns 100 percent of Erdenes Tavan Tolgoi Co., Ltd, 34 percent of Oyu Tolgoi LLC, 51 percent of Erdenet Mining, 90 percent of Shivee Ovoo Co., Ltd, and 75 percent of Baganuur Co., Ltd.