Nadmidyn Bayartsaikhan
Nadmidyn Bayartsaikhan | |
|---|---|
| Born | January 27, 1962 Ulaanbaatar, Mongolia |
| Occupation(s) | Social scientist, politician, economist |
| Years active | 1992–2019 |
| Known for | Minister of Finance of Mongolia (2006–2007), President of the Bank of Mongolia (2016–2019) |
Nadmidyn Bayartsaikhan (born January 27, 1962) is a Mongolian expert in social sciences, a political figure, and a former government official. He initially taught social science before obtaining a doctoral degree in economics. Bayartsaikhan was elected to the State Great Khural on four occasions. Between 2006 and 2007, he held the position of Mongolia's Minister of Finance. Subsequently, from 2016 until 2019, he served as the President of the Bank of Mongolia.
Early life and education
Born in Ulaanbaatar on January 27, 1962, Bayartsaikhan completed his studies at Irkutsk University of Economics in 1982. Following graduation, he instructed social sciences at the Higher Party School up to 1989. Between 1989 and 1992, he pursued economics at Moscow’s State University of Management, where he earned his doctorate.
Career
Bayartsaikhan began his political career in 1992 when he was elected to represent Khan Uul District of Uvs Province in the State Great Khural. From 1993 to 2001, he was a member of the Mongolian People's Party Leadership Council. He secured re-election in 1996, 2000, and 2004. During the period from 1992 to 1995, he chaired the parliamentary Standing Committee on Food and Agriculture. However, he did not win re-election in the 2008 parliamentary elections.
Between 2006 and 2007, Bayartsaikhan served as Minister of Trade. In this capacity, he supervised the parliamentary budget committee and managed Official Development Assistance received from Japan. His ministerial responsibilities also involved negotiating energy agreements with Russia.
In July 2016, Bayartsaikhan was named Governor of the Bank of Mongolia, a role he fulfilled until 2019.