Two new members elected to board of directors of Oyu Tolgoi - News.MN

Two new members elected to board of directors of Oyu Tolgoi

Two new members elected to board of directors of Oyu Tolgoi

Today (28 October), the Mongolian Cabinet appointed two representatives of the board of directors of Oyu Tolgoi LLC. Bayasgalan who worked at JP Morgan and geological engineer Gan-Ochir were selected from 46 candidates who applied to the post in September.

The board of directors of Oyu Tolgoi consists of nine representatives; three of them are appointed by Mongolian Government.  The Government of Mongolia holds 34% of the total issued shares of Oyu Tolgoi LLC through Erdenes Oyu Tolgoi LLC, a subsidiary of Erdenes Mongol LLC, a state-owned company.

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