Ganhuyag Chuluun Hutagt

Executive Chairman, Ard Financial Group JSC

Ganhuyag is Executive Chairman of Ard Financial Group. He serves as Secretary General of the Mongolia Economic Forum since 2009.

Gan started his career at the Mongolian Stock Exchange in 1991. He joined the Central Bank after graduating from Hungary's Corvinus University in 1997. He founded Mongolia's first first savings and loan cooperative in 1997 and the first non-bank finance company in 1999. He founded and managed XacBank and its parent, TenGer Financial Group from 2001 to 2009.

Gan served as Honorary Consul of Hungary until he was appointed as advisor to Prime Minister in 2009. Gan was appointed as Vice Minister of Finance in December 2010. He unsuccessfully bid for public office in 2008 and 2012.

He leads the local Global Dignity initiative since 2009, founded the UB Shapers Hub in 2013 and was nominated to the YGL Forum in 2009. He founded Mongolia Economic Forum in 2009.

Ard Holdings currently owns 4 public companies, including the national post office, 6 financial licenses, and is pioneering its fintech and blockchain based applications.

He served and continues to serve on boards of various for-profit and non-profit organizations.

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