Mongolian expert is appointed CEO for one of the biggest groups of Rio Tinto

Oyundelger 2016-11-21 06:11

Mining

Bold Baatar was appointed on the CEO of the Rio Tinto’s Energy & Minerals Group.

Mongolian expert is appointed CEO for one of the biggest groups of Rio Tinto. Bold Baatar was appointed on the CEO of the Rio Tinto’s Energy & Minerals Group. B.Bold has been working in Rio Tinto since 2013, holding positions of the President of International Operations of the Copper Group, the Director of Rio Tinto Marine and the Managing Director of Iron Ore Sales & Marketing of Rio Tinto Marine. Until 2009, Bold was an investment banker with JPMorgan for 11 years in New York and London focusing on private equity and leveraged buyout transactions, M&A and issuance of public equity and debt securities. He was the chairman of Mongolian Stock Exchange from 2010 to 2012, chairman of the Mongolian Mining Association from 2012 to 2014 and served as the non-executive director on the board of South Gobi Resources Ltd from 2013 to 2014. Rio Tinto chief executive J-S Jacques said “Appointing Bold to run our Energy & Minerals business will add a fresh perspective to the product group. Bold brings broad international and executive experience in a wide range of commercial disciplines. He has a proven track record and will be a great addition to our ExCo, particularly with his strong strategic approach and acute understanding of Asia.”