Mongolia's insurance regulator, the Financial Regulatory Commission (FRC) has appointed Mr T Jambaajamts as chairman. He takes over from outgoing chairman Mr D Bayarsaikhan.
Mr Jambaajamts has reaffirmed his commitment to building on the reforms and innovations crucial to the ongoing stability and growth of the financial sector. He will work closely with the newly appointed commissioners and FRC team to fulfil the directives set forth by parliament to further advance the financial sector’s development.