transbank

B. Erkhembayar has been appointed as the Deputy Executive Director of the Transport Development Bank since April 2021. He has 24 years of experience in the banking and finance industry. He started his career as an economist at the People’s Bank in 1994, then became an Accountant and Fund Manager at Kuranda Assistant in Sweden. In 2020, he worked as the director of the Department of Communications, and in 2020, he worked as a foreign relations advisor to the Chairman of the Board of Directors. B. Erhembayar graduated from the School of Economics of MUSU in 1994 with a Bachelor’s degree in Banking and Finance, and in 2002 from Stockholm University, Sweden, with a Master’s degree in Economics.

Munkhjargal Enkhbat serves as a VP & Chief Private Banking officer at the TransBank since July 2021.

With over 10 years of experience risk management, governance, funding in the banking and financial sector, her career path has started as market risk analyst at “Chingis Khan” bank since 2009, Director of Risk management division since 2013 and Chief risk officer at “Capitron” Bank since 2017.

Munkhjargal graduated from the School of Mathematics and Computer Science, the National University of Mongolia with a Bachelor’s degree in mathematical modeling of economics and holds a master of mathematical modeling of economics from School of Applied science and engineering, the National University of Mongolia, an MSc in Banking and Finance from the University of Luxembourg. During her tenure at the depositary control department at UBS Bank, Luxembourg, she successfully completed Executive Program at New York University, USA.

Ts. Bolor has been appointed as the Financial Director of the Transport Development Bank since January 2021. He has more than 15 years of experience in the banking and financial industry in the fields of financial resources, asset management, financial management, planning, and insurance operations. In addition, during 10 years, he has experience working in Tengur Financial Group, its subsidiaries such as Khas Bank and Tengur Daatgal, from the market risk manager to the position of Director of Finance and Asset Management and Director of Operations. Ts. Bolor graduated from the Bayes Business School (formerly named after N. Kass) of the City University of London, UK, with a Master’s degree in Banking and Finance, and studied at the Cert CII level of the UK’s Specialized Insurance Institute.

S. Byambadelger has been appointed as the Business Development Director of the Transport Development Bank since September 19, 2024. S. Byambadelger started his career at King Bank in 2010 and worked as an Investment Banking Specialist, Risk Specialist, and Senior Risk Specialist at the bank, and at Schroders Investment Fund of the Kingdom of Luxembourg. In 2018, he was appointed as the Director of the Market Risk Department and the Director of the Risk Management Department at the Transport Development Bank. S. Byambadelger graduated from the University of Mongolia in 2006-2010 with a bachelor’s degree in Business Administration in Economics and Statistics, and received a Master’s degree in Banking and Finance from the University of Luxembourg in 2014-2016. He is a professional official who has been working in the field of banking, risk management and investment for the 12th year.

V. Tuulmaa has been working as the Director of Risk Management of the Transport Development Bank since August 2021. An experienced banker who has been working in the banking and financial sector since 1996, and during his tenure under the Ministry of Finance, he worked as an accountant, loan officer, supervisor, employee, and acting head of department at the Bank’s Debt Settlement Office, as a credit control specialist and senior officer at Zoos Bank, and at the Small and Medium Business Credit Department. Director, Director of the Corporate Banking Department, Senior Officer of the Risk Management Department of the State Bank, Senior Project Officer at the Corporate Banking Department, In National Investment Bank, he was appointed as Director of Credit Department, Director of Risk Management Department, Director of Business Management Department, Director of Electronic Banking Center, Director of Risk Management Department, Director of Credit Department, and Director of Corporate Banking Department in Credit Bank in 2016-2021. In 1995, he received a bachelor’s degree in banking and credit economics and finance from the Institute of Finance and Economics, in 2004 he received a bachelor’s degree in law from the Institute of Law of the University of Mongolia, and in 2009 he received a master’s degree in business management from the Academy of Management.

Enkhbat has been appointed as the Chief Information Technology Officer at Transport and Development Bank since September 2023.
He graduated with a Bachelor’s degree in Software Engineering from the School of Mathematics and Computer Science at the National University of Mongolia in 2005.
With 18 years of experience in the information technology sector of the banking and finance industry, he began his career in 2005 at Trade and Development Bank as a System Administrator. He later held the positions of Senior specialist in 2011, Director of the Core Systems Department in 2012, and Director of the Information Technology Department in 2021.

Batmunkh has been appointed as the Chief Credit Officer at Transport and Development Bank since October 16, 2023.
With 22 years of experience in mid- to senior-level management roles in the banking, finance, and mining sectors, M. Batmunkh began his career in 2001 at XacBank as a Small and Medium Business Credit Specialist. He later held various leadership positions, including in the bank’s branches, the Credit Management Department, the Credit Risk Management Department, the Special Assets Department, the Customer Service Center of the Retail Bank Division, the Customer Relationship Management Department, the Data Analysis Department, and the Credit Operations of Retail Bank, where he successfully implemented numerous transformation and modernization projects.

Batmunkh graduated from the School of Economics at the National University of Mongolia in 2001 with a degree in Finance and Information Systems. He earned a Master’s degree in Business Administration in 2004. He also completed advanced banking studies at the University of Wisconsin-Madison’s Graduate School of Business (GSB) in the U.S. between 2011 and 2013. In 2016 and 2018, he participated in instructor training programs at the Sparkasse Bank Academy and became an instructor. M. Batmunkh has also worked as a Credit Master Trainer in joint projects aimed at improving professional education in Mongolia’s banking and finance sector, collaborating with the Sparkasse Bank International Cooperation Fund, the Bank of Mongolia, the Mongolian Bankers Association, and the Banking and Finance Academy.

Tuvshinjargal has been appointed as the Chief Operations Officer at Transport and Development Bank since August 30, 2024.

He graduated from the National University of Mongolia in 2000 with a degree in Finance and Economics, and in 2003, he obtained a Master’s degree in Business Administration.

Tuvshinjargal has over 20 years of experience in the banking and finance sectors, having worked in various roles, including as an Internal Auditor, Senior Internal Auditor, Senior Specialist at the Branch Management Department, Relationship Manager at the Corporate Banking Department, Business Consultant at the Business Incubator Center, Branch Director, Director of the Risk Management Department, Head of the Credit Policy and Regulation Department, Deputy Director in charge of Risk, Director of Operations, Director of Property Relations, Director of the Retail Bank in the area of Ulaanbaatar, Director of Small and Medium Business Banking, and since 2022, as the CEO and Project Consultant at NTEM Holding LLC.

Maksat has been appointed as the Chief Treasury Officer at Transport and Development Bank since November 22, 2023.
With 16 years of experience in the banking and finance sector, including in foreign currency and precious metals trading management, as well as asset and financial management, T. Maksat started his career at XacBank in 2008 as an Asset and Liability Manager, later advancing to the roles of Dealer and Senior Dealer. Since 2020, he has been serving as an executive at Transport and Development Bank.

Maksat graduated with a Bachelor’s degree in Banking Economics and Accounting from the Trade and Economic University of Mongolia in 2004-2008. He holds certifications as a Professional Dealer and Financial Management Certificate from the Luxembourg Government’s Financial Program, the Agence de Transfert de Technologie Financière. He also has a certification in “Reserve Management” from the Deutsche Bundesbank’s Exchange Program and a Level 1 certification in “Private Banking Management” from the University of Luxembourg.

Maksat serves as the Vice Chairman of the Treasury Professional Council under the Mongolian Bankers Association, and he is also a Speaker at the Mongolian Securities Traders Association, contributing to the development of the domestic financial market.