Tumentsogt Tsevegmid of GE joins NAMBC Board of Directors

The newest member of the NAMBC Board of Directors is Mr. Tumentsogt Tsevegmid, Chief Representative of General Electric International Inc. in Mongolia. NAMBC Chairman Ed Story welcomed Tumen’s election to the board by noting that “he will not only represent on our board one of the largest and most famous American corporations, a company founded by Thomas Edison, but is also a key player in increasing American exports to Mongolia and US investment.” Story noted that GE had recently signed a $US100 million agreement with Newcom Energy, another NAMBC member, to build Mongolia’s first wind farm.

Tumen serves as business liaison between GE and Mongolia, conducts market research and studies, and develops business opportunities in Mongolia. From 2007-2011, Tumentsogt worked at the World Bank, where he managed projects related to energy, water and renewables in both urban and rural settings. He provided technical support to a broad range of projects concerning energy, air pollution, water, and sanitation – including South Gobi infrastructure work – and supervised implementation of power projects in Vietnam.

Prior to joining the World Bank, Tumentsogt worked as chief of the International Cooperation Division at the Ministry of Fuel and Energy of Mongolia. He also worked for the State Privatization Commission, State Property Committee and Ministry of Infrastructure of Mongolia, where he was responsible for energy policy, management of state-owned assets in the energy sector, and regional energy cooperation. Previously, Tumen served as a commissioner at the Energy Regulatory Authority of Mongolia. Tumen holds a master’s degree in Electrical Engineering from Moscow Power Engineering Institute, and a Master of Public Affairs from Indiana University.