Winner of the first Apprentice Mongolia Show has been appointed as CEO of Ard Holdings International LLC 2021-02-15


Ulaanbaatar, Mongolia, 15 February, 2021 - The Corporate Secretariat of Ard Financial Group (Ard) is pleased to announce that Mr. Barhas Tsolmon has been appointed as the CEO of Ard Holdings International LLC and Executive Vice President for Sales and Marketing of Ard Financial Group. He will oversee Ard’s mission to Build the Investor Nation and report directly to the CEO of Ard.

Ard sponsored Mongol TV’s Apprentice Mongolia Show which aired from December of 2020 through February 2021. Barhas was one of the 14 finalists selected from 1,000 applicants. Barhas won the final task, overwhelming Ms. Enhjin on February 14, thus becoming the winner of the Show and qualifying for a CEO position at Ard with MNT200 million remuneration and additional benefits. 

Apprentice Mongolia Show host Mr. Ganhuyag Ch. Hutagt said - “First of all, I want to congratulate Barhas. You made it. Welcome to Ard. You showed your compatriots that if one truly wants something, one can get it. I want to thank all the finalists! I would like to thank all the loyal viewers for your emotions, cheering and I hope everyone got something out of this Show for his/her self. Lastly, I want to thank the team at Mongol TV - you are true professionals, compassionate and talented people who are changing the face of this country with the steps you take. I wish you all the best!”

The winner of Apprentice Mongolia, Mr. Barhas, said, “I am ecstatic to join Mr. Ganhuyag and his energetic and talented team, who have always been ahead of the market and innovated. I will do my best in the company’s ambition and idea to “Build the Investor Nation”.

Barhas has over eight years of experience in corporate finance, marketing and senior management at various leading companies. Mr. Barhas holds a bachelor's degree in business and economics, and also acquired an MBA from Virginia International University. 

Ard Financial Group is a diversified financial services holding company with the overarching goal of increasing its shareholders’ equity through investing in and developing leading financial services and technology companies. Our investment portfolio consists of companies such as Ard Insurance, Ard Credit, Ard Securities, Ard Life, Ard Assets, Ard Management, Ard Bit, TenGer Systems, MEC Partners (, Mongol Post, Ard Holdings International, Ard Leasing and Ard Realty. Ard App, Ard Fintech, ArdCoin, Ard Cash and CryptoNation are proprietary digital products based on artificial intelligence and blockchain technology.

Companies in Ard Financial Group’s portfolio that are also listed on the MSE:

  • MSE: AARD (03260) Ard Financial Group (formerly Jinst Uvs/Investor Nation)
  • MSE: AIC (05480) Ard Insurance
  • MSE: ADB (05509) Ard Credit
  • MSE: MNP (05412) Mongol Post
  • MSE: XOC (4001) National Privatization Fund

For more details, contact:

HQ address: Ard Holdings, Prime Minister Amar street, Suhbaatar district, 8th horoo, Ulaanbaatar, Mongolia. w3w: powerful.gains.animates
Central Tower branch address: Suhbaatar square-2, Suhbaatar district, 8th horoo, Ulaanbaatar, Mongolia. w3w: animate.softest.screeches
Phone: 7707-8080, 7707-8181, 7707-8282