Ganhuyag Chuluun Hutagt

Ganhuyag Chuluun Hutagt
  • Chairman
    Ard Holdings

Ganhuyag Chuluun Hutagt started his career at the Mongolian Stock Exchange as a floor supervisor in 1991 and moved on to engage in the family business a year later. He joined the Central Bank's Supervision Division after graduating from the Budapest University of Economic Sciences in 1997. He then worked for UNDP's MicroStart Project in 1998, initially as a Finance Manager and then Operations Manager before becoming Executive Ganhuyag Chuluun Hutagt started his career at the Mongolian Stock Exchange as a Floor Supervisor in 1991. He later joined the Central Bank of Mongolia's Supervision Division after graduating from Budapest University with a degree in Economic Sciences in 1997. He then worked for UNDP's MicroStart Project in 1998, initially as a Finance Manager and then Operations Manager, before becoming Executive Director of XAC (Golden Fund for Development), Mongolia's first non-bank microfinance company, in 1999. XAC merged with another company to form XacBank, a commercial bank with a social and development mandate, where he held the position of Chief Executive Officer since its founding in 2009. Hutagt led the holding company of XacBank TenGer Financial Group until he was appointed Vice-Minister of Finance of Mongolia in 2010. He has served as Honorary Consul of Hungary in Mongolia since 2006 and is a Member of the Board of the Microfinance Centre for CEE and NIS and the President of the Mongolian Student's Union.