ODBAYAR Odonchimed(Board member, Ard Insurance JSC)
Mr. Odbayar Odonchimed earned his Bachelor’s and Master’s degrees from Kyiv Pedagogical University and majored as a teacher from 1984 to 1988. He graduated from Florida Institute of Technology in the United States, majoring in economics. From 1997 to 2000, he majored as a lawyer from Otgontenger University in Mongolia. In 2017, Odbayar graduated from Harvard University with a degree in management.
In the past, he has served as: Director of the Mongolian-Chinese joint state-owned factory, Attache and Third Secretary at the Embassy of Mongolia in China, Advisor to the Prime Minister of Mongolia, and Vice-President of Altai Holding LLC. From 2016 to 2019, he worked as the Deputy Director for Business Development at Erdenes Mongolia LLC, and managed large state-owned enterprises. This role included: putting strategic fields into economic circulation, natural resources exploitation and processing, managing investment and infrastructure projects, and distributing its benefits to Mongolia’s citizens through wealth funds. Mr. Odbayar helps manage 13 subsidiaries of Erdenes Mongolia LLC, such as Baganuur JSC, Shivee-Ovoo JSC, and world-class copper-gold and coking coal mines such as Erdenes Oyu Tolgoi LLC, and Erdenes Tavan Tolgoi JSC.