Press Release – AmCham Annual General Meeting 2019
ULAANBAATAR- The American Chamber of Commerce in Mongolia (AmCham Mongolia) organized its Annual General Meeting on November 22, 2019 at Shangri-La Hotel in Ulaanbaatar.
The U.S. Ambassador to Mongolia His Excellency Michael S. Klecheski, embassy representatives, AmCham members, and foreign investors attended the meeting to review AmCham Mongolia’s 2019 Annual Report, as well as the organization’s 2020 Workplan. In addition, elections for the new Board of Directors was held.
The newly appointed Directors are Naran Mandal’s CEO Michael Fischer, Steppe Group’s CEO and President Gerelmaa Batchuluun, Founder of Terra Explorers LLC Nick Cousyn, and Partner at Erdenedalai & Melville LLP Chris Melville. Partner at MahoneyLiotta LLP Jay Liotta has been elected as AmCham Mongolia’s 2020 Chairman and Monpolymet Group’s Chairwoman Munkhnasan Narmandakh as Vice Chairwoman.
During the meeting, the outgoing Chairman Oybek Khalilov delivered opening remarks and stated, “2019 has been a remarkable year for AmCham Mongolia. We recruited 12 new members, hosted over 30 events, and released 6 Position Papers. I have no doubt that 2020 will be an even better year for us.”
The U.S. Ambassador to Mongolia Michael S. Klecheski delivered a speech, in which he summarized U.S.-Mongolia relations in 2019 and remarked, “Our foremost priority is to establish good governance, stable economy, improving the investment climate, and implementing transparency and compliance. The Millennial Challenge Compact is investing 350 million USD for this country’s future – that being said, it is evident that the U.S. sees Mongolia as a close partner and ally. We truly believe that the private sector should lead to the development of a country. I know AmCham Mongolia and its members also prioritize a private-led growth and economic diversification. We appreciate all that you do, and we are excited to embark on another successful year with you.”
About AmCham Mongolia
The American Chamber of Commerce (AmCham) in Mongolia is an independent membership-driven organization that seeks to build, strengthen, and protect business between the United States and Mongolia and to actively promote Mongolia as a destination for American investment. AmCham Mongolia is accredited by the U.S. Chamber of Commerce as its official affiliate in Mongolia. Based in Washington D.C., U.S. Chamber of Commerce is the largest federation in the world with over 3 million members.