Bazarsad Jargalsaikhan Explained

Bazarsad Jargalsaihan (Базарсадын Жаргалсайхан) was born in 1959. He is the founder and owner of the Buyan Holding company. In society he is generally called Buyangiin Jagaa. He was elected to parliament in 2004, and served until 2008. He was leader of the Mongolian Republican Party.[1]

He obtained his higher education in East Germany, where he began to engage in small entrepreneurial activities. After the completion of his higher education, he returned to Mongolia, and became a supporter of pro-democratic movements by the end of the communist era. Between 1990 and 2004, he was regarded as one of the richest people in the country.

Experience

1984-1985 Assistant worker in Govi corporation.

1985-1988 Private business

1989-1992 Founded his "Buyan" company as a small entity

1992-1996 “Buyan” became and Limited company, Executive director

1996-2004 “Buyan Holding” Co Ltd, executive director

2004-2008 Member of parliament

2006 Member of cabinet, minister of trade and industry.[2]

Notes and References

  1. News: Nachlese: Neuer Präsident will Armut bekämpfen . . 14 July 2008 . 26 February 2011 .
  2. News: From Palau to Mongolia, WikiLeaks cables show loneliness of distant envoys . . 5 February 2011 . 26 February 2011 .