Board of MSE held meeting last Friday and appointed Mr. Peter Morrow, an adviser to Khanbank, as the Vice Chairman of the Board. Also, sub-committee in charge of Audit, Governance and Promotion was established with purpose of reform of the Mongolian Stock Exchange. Board Member O.Ganzorig appointed as the Chairman of the sub-committee on Audit and O.Sainjargal and L.Bolormaa as member of committee. Dr. Stefan Hanzelmann appointed as the Chairman of the sub-committee on Governance and Promotion, and Board Members N.Tsogt and George Taylor as member of the committee.
Mr. CH.Chinzorig, official of the State Property Committee in charge of MSE, informed that the negotiation with LSE is still undergoing and expressed interest of appointing British citizen in the senior management of MSE. “After negotiation ends with LSE, appointment of Executive will be decided. We have interest of appointing Executive from LSE also” he added.