As President for Peabody Energy for Mongolia & India, Mr. Sayed manages Peabody’s businesses in these countries. In addition, he serves on the Lexus Advisory Board. As a member of this exclusive group, he is helping Lexus shape the future of Lexus vehicle design, customer service and marketing. Mr. Sayed is also a Board Member of the American Chamber of Commerce, Mongolia. Prior to joining Peabody in Oct 2010, Sayed was Country Manager and Resident Representative for The World Bank in Mongolia. Sayed represented The World Bank in various positions for more than 15 years. He served in the bank’s Corporate Strategy Group leading innovation and strategy initiatives, including the globally recognized Development Marketplace program – profiled in the Harvard Business Review as a best practice program in social innovation. As Senior Strategy and Operations Officer in the Office of the Vice President for Europe and Central Asia, Sayed assisted in oversight of operations and strategy for 24 countries. His prior experience includes founding a start-up company and working for the Government of Maharashtra in India.
Sayed holds degrees in economics and finance from Bombay University. As a National Scholar, a Master of Public Administration degree from Columbia University in New York, and successful completion of an executive leadership program at Harvard University. Peabody Energy (NYSE: BTU) is the world's largest private-sector coal company, with 2013 sales of 251.7 million tons and $7 billion in revenues. Its coal products fuel 10 percent of all U.S. electricity generation and 2 percent of worldwide electricity.
Betina has worked in marketing communications, public affairs and public relations in the Americas, Europe and Asia for over 25 years. Working with private, public and non-governmental institutions, Betina has conceived and implemented communications strategies that have influenced opinions, changed behavior and built brand value.
Betina is the founder of Breakthrough Communications, a company specialized in marketing, strategic communications and public relations. Betina has worked with international clients, such as KFC, Rio Tinto, Vale, Prophecy Resources, Oracle, Herbalife, Russian Railways, the EBRD and World Bank and others, in key growth sectors, including mining, energy, infrastructure, banking, transportation and consumer goods, providing a variety of services ranging from stakeholder engagement, public relations, marketing and branding. In 2011, Breakthrough signed a strategic alliance with Ogilvy, a WPP company, expanding Breakthrough’s network and ability to service clients worldwide.
Prior to launching Breakthrough, Betina led communications teams in a number of private and public organizations, including The Asia Foundation, USAID/Serbia and USAID/Indonesia, Multi-National Strategies, Inc., Donnelly Communications and others.
BOLD Magvan / CEO, TFG and XacBank
TenGer Financial Group’s (TFG) Board and The Board of Directors of ХacBank has appointed Mr. Bold Magvan, currently serving as CEO of TFG to the role of Chief Executive Officer of XacBank, effective from July 10, 2014.
Bold Magvan has been working as the CEO of TenGer Financial Group since January 2011. Prior to his current appointment, between 2005 and 2010, Bold worked for XacBank for 2 years as the CEO and for over 3 years as the President.
Bold is a senior banking professional with more than 20-years expertise in private, public and multinational financial institutions, including the World Bank and the International Monetary Fund. From 1996 to 2000, Bold was the Deputy Governor of the Bank of Mongolia (Central Bank). In his prior professional career, Bold Magvan served as Deputy Director at the Market Research Institute, CEO of the Mongolian Export-Import Bank, member of the boards of the International Investment Bank and the International Bank for Economic Cooperation in the Russian Federation and advisor for Da Afghanistan Bank (Central Bank), Islamic State of Afghanistan. Bold holds a Master’s in International Affairs degree with a major in economic policy management from the Columbia University, New York. Bold is the chairman of the board of Tianrong credit, a microfinance company in Urumqi, Xinjiang, China since 2012.
Bold has served as Vice President of the Mongolian Bankers Association since 2007 and was elected as President in December 2011. Bold is the Honorary Consul of the Republic of Iceland in Mongolia since 2008.
Bold Baatar, Rio Tinto
Mr. Bold Baatar is newly appointed as President, International Operations of Rio Tinto Copper. He previously served as Managing Director of Goldstream Mongolia, Chairman of Mongolian Stock Exchange, an advisor to Minister of Foreign Affairs on Foreign Investment and holds other leadership positions in non-government organizations such as Arts Council of Mongolia, Mongolian National Mining Association and others. Mr. Bold started his career on Wall Street with JPMorgan in 1998 where he was most recently senior banker in Investment Banking with a focus on Russia, CIS and Mongolia. He also worked in the Financial Sponsor Group in New York originating and executing LBO, M&A, IPO and debt/equity capital market transactions for large private equity clients such as Blackstone, Warburg Pincus, KKR, Apollo and others. He has executed and closed over
30 transactions in Europe, US and Asia. From 2009-2011 he worked as CEO of Newcom Group and as a Chairman of Mobicom and Eznis Airways and led Newcom's efforts in the development of first wind power generating project. Mr. Bold also advised Mongolian Government and private Mongolian companies on attracting foreign investment.
А. Bolor - Newcom
In August of 2014, Mr. Bolor was promoted to CEO of Newcom Group. Mr. Bolor started his career with Newcom in March 2013 as the Chief Financial Officer in charge of finances for the group's portfolio and projects. In January 2014 he was promoted to the position of the Deputy CEO. Mr. Bolor is an accomplished professional having worked as the fund manager at RSI Asset Management SA based in Geneva from 2006 to 2011. He was in charge of a long-only equity fund called Sirius Asia ex-Japan listed in Luxembourg (EC UCITS III) and focused on the Asia Pacific region excluding Japan and Australia/New Zealand with freedom of movement between the markets and sectors. He formulated and implemented the fund's investment strategy with regards to the stated objectives and constraints using the investment process comprised of a top-down macro approach to country and sector allocation, followed by a bottom-up stock selection. Prior to that, he worked as an investment analyst and in marketing/administration at the same company. Mr Bolor has extensive knowledge of financial markets including Asia Pacific equities, commodities, derivatives on the currency, interest rates and equities as well convertible bonds in India, Japan and Taiwan. Mr. Bolor has extensive educational background in finance having earned a BBA degree in Finance and Acct (Honors) at Webster University, Geneva as well as an MBA from the same university. Also, he passed CFA level 2 exam in 2004. He speaks fluent English, Russian and French.
Chris Cowan, Erdene Resources Development Corp
Chris Cowan is Vice President, a Director and one of the founders of Erdene Resource Development Corp, a Canadian based company that has been conducting mineral exploration in Mongolia since 2002. Erdene is currently focused on outlining a large gold/base metal deposit in the southwest Gobi and conducting base metal exploration in southwest Mongolia under an alliance agreement with Teck Resources Limited.
Mr Cowan has most recently acted as a minerals consultant providing services to exploration and mining companies worldwide since 1990. He previously spent 28 years with Falconbridge Limited in a variety of exploration, production, senior management and Board positions of affiliated public companies including Director of worldwide Exploration, President of United Keno Hill Mines and Chairman of Indusmin Ltd. Chris holds a MSc in Geology and is a registered Professional Engineer (Ontario). He first came to Mongolia in 1997.
Daniel Mahoney, MahoneyLiotta LLC
Daniel has worked and resided in Mongolia since 1997 as a partner in the law firm of MahoneyLiotta. Mr. Mahoney received his Bachelor of Science in Management degree, with high honors, from Tulane University of Louisiana, where he was a member of the Tulane Scholars and Honors Program and Beta Gamma Sigma honorary business fraternity. He then received his Juris Doctor degree, with high honors, from George Washington University in Washington DC. MahoneyLiotta advises and assists clients in structuring business transactions and relationships and in accessing the capital markets to obtain financing for ventures and projects in Mongolia.
B.Enkhbat, B. Enkhbat - Erdenes Tavan Tolgoi
Enkhbat is Chief Financial Officer of Erdenes Tavan Tolgoi since 2012. Enkhbat recently became the member of the CSD Consulting which was founded by him in 1997 just after he served in the capacity of the CBD Officer of Just Group LLC since 2007. Formerly, he worked in TDB, ChKBank and Savings Bank. He was CEO of Mongol Daatgal, local insurance and Reinsurance Company.
Enkhbat obtained his MBA from the Australian National University and completed several training programs in management. He completed his bachelor's degree in International Relations and Diplomacy in Moscow.
U.Ganzorig, Mandal General Daatgal LLC
Mr. Ganzorig is Chairman of the Mandal General Daatgal LLC, which is the largest insurer in Mongolia in terms of equity and 3rd largest insurance company in terms of assets. Mandal General Daatgal LLC is introducing innovative risk management product through multi-national experienced team. He has previously been a senior banker and advisor to large banks in Mongolia. Mr. Ganzorig has a postgraduate degree in Financial management from Maaschricht School of Business in Netherlands, and BBA in accounting from ICB in Mongolia. He holds an ACI Dealing certificate. Ganzorig was an independent Director of the Mongolian Stock Exchange.
Dr GRAEME HANCOCK, Anglo American Development, Mongolia
Dr. Hancock's experience in the mining sector includes exploration and mining geology as well as financial analysis and valuations of mining and exploration projects. He also has significant experience in mining policy and regulation in a range of countries throughout Asia and the Pacific.
He worked for 16 years in Papua New Guinea including a period as Director of Mines for the Government of Papua New Guinea, during which time he led a number of initiatives related to the sustainable development of mining impacted communities.
Prior to joining Anglo American Dr. Hancock was Chief Operating Officer at Erdenes Tavan Tolgoi JSC, a large state-owned coal mining company in Mongolia. His prior experience also includes being Director for Strategy and Business Development at Rio Tinto in Mongolia, a senior mining sector specialist at the World Bank, a senior civil servant, an academic and consultant. He holds a Masters Degree in Earth Sciences from New Zealand, and a PhD in Mineral Economics from the University of Queensland, Australia.
D. Hulan, Tavan Bogd
Hulan is Executive Vice President, Tavan Bogd Group of Companies which she co-founded with her husband, Ts. Baatarsaikhan. Formerly she was Vice President, Trade and Development Bank, and Sales Manager of the representative company of Gobi Cashmere in Tokyo, Japan. Hulan obtained her Bachelor’s degree in International Economics at Moscow Finance University and an MBA at Mongolian National University. Currently Hulan is also member of the Board of Directors of Khan Bank and Gobi Corporation, where Tavan Bogd Group has shareholding stakes. She serves as Honorary Consul of Luxembourg to Mongolia.
Tavan Bogd Group is a diversified enterprise with interests in manufacturing; trade & services; consumer goods; travel & tourism. Most recently Tavan Bogd became a sales agent of Toyota Corporation and a franchisee of KFC and Pizza Hut brands in Mongolia.
Harris Kupperman, Mongolia Growth Group
Harris Kupperman is the founder of Praetorian Capital, a hedge fund focused on using long-term macro trends to guide stock selection. Mr. Kupperman is also the Chairman and CEO of Mongolia Growth Group (YAK: Canada and MNGGF: USA) a publicly traded company focused on gaining leverage to the rapid growth of the Mongolian economy. In addition, Mr. Kupperman is the chief adventurer at adventuresincapitalism.com and a contributor to leatherapronletter.com.
Mark Bailey, Leighton LLC
Mark is the Executive Director of Leighton LLC in Mongolia. He holds an Engineering degree (civil) and has more than 30 years experience in the mining industry of which the past 27 years have been with the Leighton Group. Mark has spent 11 years in Kalgoorlie, Western Australia before taking on the role of Operations Manager and Mining Manager in Perth and as the Regional Manager – Mining, was instrumental in building a mining business for Leighton Asia Limited while based in Hong Kong. He has extensive experience at the operational, technical and corporate levels of the contract mining industry. Over the years, he has successfully delivered the safety, environmental, productivity and commercial objectives for over 25 significant mining projects covering gold, nickel, iron ore and coal. He has been the driving force behind the implementation and success of numerous alliance/relationship styled contracts which have delivered the safest and lowest cost production, achieving a win/win outcome for both Leighton and the Client.Mark resides in Mongolia and is responsible for growing Leighton business there. In addition, Mark is an honorary member of Rotary and in 2005 he was awarded a Paul Harris Fellow for his service to the community.
Norihiko Kato, Khan Bank
Norihiko Kato started serving Khan Bank as Acting CEO in November 2011 and was appointed CEO in September 2012. In 2009 and 2010 he worked at Khan Bank as Senior Advisor and then Managing Director for corporate banking. Norihiko has extensive banking business experiences of 28 years at The Bank of Tokyo-Mitsubishi UFJ (BTMU) in corporate banking and corporate planning. He took management positions at BTMU in the Middle East, the Netherlands, the USA and Japan. Norihiko obtained BA in economics from University of Tokyo and MBA from UCLA. He has wife and two sons. Khan Bank is the leading bank of Mongolia. It has the largest branch network of 512 online offices throughout the country. With its 4,300 professional staff, Khan Bank provides its 1.8 million customers in all parts of the country with innovative banking services.
J.Od, MCS Group
Od is President of MCS Group of Companies. He previously worked as 1st Secretary, Mongolian Embassy in Washington DC and Foreign Affairs Counsel to Prime Minister of Mongolia. He graduated from Institute for International Relations (Moscow, Russia) and Institute for Foreign Affairs of Oxford University (UK). He also serves as Honorary Consul to Denmark.
The MCS Group was founded in 1993 as the first Mongolian private consulting company in the energy sector. The company has successfully expanded its business operations in such diversified fields as energy and infrastructure, information and communication technology, beverage manufacturing and distribution, wholesale and retail, property development, construction and printing. The MCS Group has over 3,100 employees and has been ranked as one of the top five taxpayers for the last several years.
Stephen J. Potter, Wagner Asia
Steve joined Wagner Asia Equipment as Managing Director in August 2011 after 40 years of management experience with Caterpillar and Caterpillar Dealers in 10 countries spanning the UK, Middle East and Asia. Steve earned a BA (Hons) in Economics from the University of Keele, an MBA from the Scottish Business School, University of Edinburgh. He also has a Mining Diploma from the Colorado School of Mines and Safety & Environmental Diploma from the Indonesian Ministry of Mines.
Wagner Asia Equipment is the authorized dealer for Caterpillar mining, construction and power generation equipment and since commencing operations in Mongolia in 1996 has become the largest distributor and rental company in the country, with a reputation for quality products and support services. The company runs the largest technical training institute in the country and typically graduates 200 Mongolian apprentice technicians annually. Wagner also operates the largest equipment leasing company in Mongolia and is a leading automotive distributor representing Ford and Land Rover. Mr. Potter is also Executive Director of Wagner Asia Group Ltd and South Gobi Mining Services LLC and sits on the Board of the USAID-BPI sponsored QSDC, an NGO that helps develop Mongolian SME’s.
TENGIS Garamgaibaatar, Chief Executive Officer , Monroad LLC
Tengis Garamgaibaatar is the Chief Executive Officer of Monroad LLC elected in February, 2013. He has been working at Monroad LLC since 2007. He has started from Engineer assistant and working up. Monroad LLC is one of the first and largest companies in Mongolian Road Sector.
G. Tengis completed a Master of Science from International Business school, Oxford Brooks University and Bachelor of Science from Budapest University of Technology and Economics. He is fluent in English, Russian and Hungarian.
Tumentsogt Tsevegmid - General Electric
Mr. Tumentsogt Tsevegmid is Executive Director of General Electric (GE) in Mongolia since May 2011. His responsibilities include representing, promoting and protecting GE’s interests, carrying out business liaison, conducting market research and study, exploring and developing business opportunities in Mongolia. Some recent projects include supplying wind turbines for Mongolia’s first grid connected Salkhit wind park, supplying SuperSkids locomotives for Ulaanbaatar railways, supplying of healthcare equipment etc.
Tumen worked at the World Bank from 2007 to 2011 and managed projects in energy, renewables, urban, water supply, and air pollution and contributed to several analytical studies. Tumen held various positions at the Government of Mongolia, including Advisor to Minister of Fuel and Energy of Mongolia, Ministry of Infrastructure of Mongolia and State Property Committee and his responsibilities included energy policy & planning, restructuring, private sector participation, management of state owned assets, NEA regional energy cooperation.
Tumen served as a Commissioner at the Energy Regulatory Authority (ERA) of Mongolia and dealt with issues of power sector regulation, licensing of energy activities, tariff setting, consumer rights, developing power market rules.
Tumen holds Master’s in Electrical Engineering from Moscow Power Engineering Institute (Russia, 1993), and Master’s in Public Affairs from Indiana University (USA, 2001).