Bank of Mongolia gets new head

Alag Batsukh, 44, has been appointed governor of the Bank of Mongolia, the central bank, but the decision was not unanimously approved by parliament.

Previously Batsukh had held the post of first deputy governor at the bank since 2000.

On 2 November, 68.2 percent of members of parliament voted for him, but Democratic Party members called for Batsukh to be held accountable for the bankruptcy of savings and credit institutions, UB Post reported.

"We need to find correct and effective ways to recover

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: