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Oyu Tolgoi Appoints Mongolian CEO Amid Debt and Tax Talks

  • Amar Adiya
  • 16 minutes ago
  • 3 min read

Oyu Tolgoi LLC has named Sukhbaataryn Munkhsukh as its Chief Executive Officer, effective 1 February 2026. He will be the first Mongolian to lead the copper gold mine since 2009.

Oyu Tolgoi Mongolian CEO Sukhbaataryn Munkhsukh
Oyu Tolgoi CEO Sukhbaataryn Munkhsukh (www.ot.mn)

The appointment follows an international search and a public call from Prime Minister Zandanshatar for a national to head the project. It answers years of criticism over foreign dominance at the country's flagship asset.

Munkhsukh brings more than 25 years of experience across mining, aviation, investment and financial services. He joined Oyu Tolgoi in 2012, managing key projects during its troubled early development. In 2015 he moved into the Rio Tinto Group, broadening his remit across Asia.

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