During the parliamentary session held on July 30, O.Erdembileg was appointed the First Deputy President of Mongol Bank. O.Erdembileg was born in 1976 in Ulaanbaatar. In 1998, he graduated from the National University of Mongolia as an economist. In 2002, he earned his master’s degree in economics for development from Australian National University. From 1998 to 2007, he worked as a specialist and chairman in departments within the Ministry of Finance. From 2007 to 2013, he served as an economist and senior economist at the International Monetary Fund, and from 2014 to 2015, he worked as the advisor to Golomt Bank’s Board of Directors. In 2015 he served as Deputy Director of Golomt Bank.