Mongolian Mining Corporation has redesignated and appointed Enkhzaya Nyamdorj from her current position of Chief Financial Officer to be the Chief Audit Executive of the company with effect from 9 May 2013.
Nyamdorj, aged 38, joined the Company as a Deputy CFO in August 2011 and was appointed as the CFO on 4 November 2011.
Prior to joining the Company, Nyamdorj was a senior manager at Ernst & Young LLP’s Chicago office where she had been working since 2000. With over 10 years of experience in public accounting, finance and business development, Nyamdorj is a Certified Public Accountant in the United States and a member of the California Society of Certified Public Accountants.
Nyamdorj was awarded a bachelor’s degree in Business Administration, Economics and Marketing by the National University of Mongolia in 1997 and a master’s degree in Business Administration in International Business and Finance by the Schiller International University, United States.
Upon the re-designation, Nyamdorj will serve as the CAE of the company, the principal independent internal auditor monitoring the function and improvement of the group’s systemsfor internal control, efficiency of operations, reliability of financial reporting, and observance of relevant laws and regulations. The CAE will report directly to the Audit Committee of the Board and to the Chief Executive Officer of the company in day-to-day administrative matters.
Battsengel Gotov, an executive Director and the CEO, will assume the duties and responsibilities of the CFO of the Company during the interim period.