The Board Meeting of ‘Erdenes Mongol’ LLC made a decision on 12 October to appoint former MP D.Khayankhyarvaa as CEO of ‘Erdenes Mongol’ LLC, dismissing P.Gankhuu.

D.Khayankhyarvaa was elected to parliament in 2008 and worked as Minister of Finance in 2012.

The Mongolian government established Erdenes Mongol in 2006 as a holding company to represent its interest in strategic mines, manage mineral licenses and promote the mining sector.