transbank

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.

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 Acting Chairman of the Asset Management Professional Council under the Mongolian Bankers Association, contributing to the development of the domestic financial market.