Ulaanbaatar
Management Team of Mongolian Stock Exchange to Be Selected through Open International Bid
Politics
Ulaanbaatar, October 30, 2024 /MONTSAME/. At today's Cabinet meeting Minister of Finance Javkhlan Bold presented the issue of the selection of a management team of the Mongolian Stock Exchange JSC.
With the
expansion of the company's activities, the need for introducing best international
practices and recruiting international professional staff is increasing. To respond
to the market demand, MSE is required to upgrade the infrastructure system,
expand the market, improve liquidity, increase the efficiency and income of the
company by learning from international best practices, maintain stable growth,
improve the quality of products and services, and keep the infrastructure risk to
an acceptable level.
The MSE’s Board
of Directors will launch the open international bidding process to select the
CEO and management team for the MSE to employ a competent workforce with good
international experience. Within this year, the invitation to the open bid will
be published on the website of the Mongolian Stock Exchange. It will also be
announced through local and international news agencies to ensure broad
participation.
