ANNUAL%20REPORT%202015%20eng

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Directors and Senior Management Chan Tze Ching, Ignatius, aged 59, is an independent non-executive Director of the Company. Mr. Chan was appointed as an independent non-executive Director of the Company on 16 September 2010. He is the Chairman of the Audit Committee and member of the Corporate Governance Committee. From 1980 to 2007, Mr. Chan held various positions in Citigroup, including management associate, country treasurer and head of sales and trading, head of corporate banking business for Hong Kong, country officer for Taiwan, chief operating officer for Greater China, country officer for Hong Kong and head of corporate and investment banking business for Greater China. Mr. Chan was appointed as a member of the board of directors of the Community Chest of Hong Kong in September 1999. From 28 November 2012 to 20 June 2014, Mr. Chan was appointed as an independent non-executive director of Larry Jewelry International Company Limited, the shares of which are listed on The Stock Exchange of Hong Kong Limited (the “SEHK” or “Stock Exchange”). Mr. Chan was appointed as a member of the Sponsorship and Development Fund of The Open University of Hong Kong in March 2011. He was appointed as the deputy chief executive of the Bank of China (Hong Kong) Limited in 2008, senior advisor of The Bank of East Asia Limited in March 2009, member of the Council of Hong Kong Red Cross in April 2010, senior advisor of CVC Capital Partners Limited in November 2010, member of the Executive Committee of the Investor Education Centre (IEC) of the Securities and Futures Commission in October 2012, member of the Hong Kong Tourism Board in April 2013, Deputy Chairman of the Council of the Hong Kong Polytechnic University in April 2014 and was further appointed as Chairman of the council on 1 January 2016. Mr. Chan was appointed as Board Adviser of Hong Kong New Territories General Chamber of Commerce on 28 May 2013. He is also an Honorary Advisory Vice President of The Hong Kong Institute of Bankers from 14 February 2011. Mr. Chan was appointed as a Member of the Standing Commission on Civil Service Salaries and Conditions of Service of the Government of the Hong Kong Special Administrative Region on 1 January 2014 and a member of the Financial Reporting Council (FRC) on 1 December 2014. Mr. Chan is a member of the Disciplinary Appeals Committee of the Hong Kong Securities Clearing Company Limited from 11 December 2009 and an independent non-executive director of Hong Kong Exchanges and Clearing Limited from 23 April 2009, the shares of which are listed on the Stock Exchange. Mr. Chan was appointed as a non-executive director of Rizal Commercial Banking Corporation (RCBC) on 28 November 2011, the shares of which are listed on the Philippines Stock Exchange. He was also appointed as a non-independent non-executive director of Affin Holdings Berhad on 6 August 2013, the shares of which are listed on Bursa Malaysia. Mr. Chan was awarded bachelor’s and master’s degrees in business administration by the University of Hawaii, United States, and is a Certified Public Accountant with the American Institute of Certified Public Accountants. Annual Report 2015 11
Directors and Senior Management SENIOR MANAGEMENT Oyunbat Lkhagvatsend, aged 39, is the President and Deputy Chief Executive Officer of the Company. Mr. Lkhagvatsend was appointed as the Deputy Chief Executive Officer of the Company on 10 May 2013 and the Chief Executive Officer of Energy Resources Rail LLC on 8 February 2011. Mr. Lkhagvatsend has about 14 years of experience in the business sector of Mongolia, holding senior positions in various businesses in the country. From 2003 to 2005, Mr. Lkhagvatsend was the chief executive officer of Newcom Group and was responsible for strategy planning and business development. From May 2005 to December 2006, he was the president and chief executive officer of Eznis Airways and was in charge of strategy planning, project management and other corporate affairs. He joined the Group in 2008 as the chief executive officer of Energy Resources Rail LLC and was responsible for overall business strategy and planning. Mr. Lkhagvatsend was awarded a bachelor’s degree in law by the National University of Mongolia, Mongolia. He also underwent executive trainings held by the Michigan Business School, United States. Ulemj Baskhuu, aged 37, is an Executive Vice President and the Chief Financial Officer of the Company. Ms. Baskhuu was appointed as the Company’s Chief Financial Officer responsible for the overall financial management, liquidity, asset management and investor relations of the Company on 27 August 2013. Ms. Baskhuu joined the Group as vice president responsible for investment of Energy Resources Rail LLC in December 2008. Ms. Baskhuu has worked for major banks and held various senior positions such as director of Financial Institutions at the Trade and Development Bank of Mongolia and head of investment banking at Khan Bank. Ms. Baskhuu was awarded a bachelor’s degree in business administration from the Mercer University, United States. Samuel Bowles, aged 34, is an Executive Vice President and the Chief Operating Officer of the Company. Mr. Bowles was appointed as the Company’s Chief Operating Officer on 1 October 2012 and Chief Executive Officer of Enrestechnology LLC on 27 September 2012. Mr. Bowles has over 10 years of experience in the coal mining industry, and has held various technical, operational and management positions previously with Leighton Asia, Rio Tinto Coal Australia and Anglo Coal Australia. He has extensive coking and thermal coal industry knowledge and expertise, including short and long term mine planning, capital and operating cost estimations, surface and underground coal mining operations and management of technical and operational personnel. Mr. Bowles holds a bacherlor’s degree in mining engineering from the University of New South Wales, Australia, and is a member of the Australasian Institute of Mining and Metallurgy. 12 Annual Report 2015
Page 1 and 2: (Incorporated in the Cayman Islands
Page 3 and 4: Company Profile Mongolian Mining Co
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Sustainability Report Biodiversity
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Sustainability Report In 2015, appr
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Sustainability Report OUR COMMUNITY
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Corporate Governance Report BOARD O
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Directors’ Report The Directors s
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Directors’ Report FINANCIAL STATE
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Financial Summary SUMMARY DATA OF C
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Appendix I Technical details of the
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Appendix I Criteria Commentary •
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