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Economic Policy Reform and Competitiveness Project

U.S. Agency for International Development

MCGDC holds first General Members Meeting and first Board Meeting

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The Mongolian Corporate Governance Development Center (MCGDC) convened its first general members meeting on Tuesday 2 June 2009 at Khan Bank. Twenty individual members of the Center (out of the 32) attended the meeting, forming a quorum. The members in attendance elected nine board members and approved MCGDC’s charter and business plan for 2009 and 2010.
MCGDC’s membership consists of professionals or trainers who completed the Training of Trainers course through MCGDC and executives who completed the first Directors Training, held in February and March of 2009 respectively. Institutional members include Khan Bank, XacBank, Golomt Bank and Tuul Songino Water Resource Joint Stock Company.

MCGDC’s first board meeting was held on 5 June. The board appointed Mr. Unenbat as Executive Director of MCGDC and Ms. Tsend Ayush, an instructor from the Institute of Finance and Economics (IFE), was appointed as the Center’s general secretary for a one-year term.
 

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