Khan Bank Board of Directors
Sawada Holdings Co. Ltd (formerly H.S.Securities) of Japan owns 53% of Khan Bank. Other shareholders include Tavan Bogd Trade Co. Ltd (Mongolia),D. Hulan, the International Finance Corporation (IFC), Development Alternatives Inc. (DAI), Mongolia Holdings Limited Partnership and Morrow Family Revocable Trust.
The Board of Directors consists of Hideo Sawada (Chairman), Yoshiaki Mishima, Ts. Baatarsaikhan, D. Hulan, Jemal-ud-din Kassum, Robert Dressen and D.Molomjamts.
Mr. Sawada is the President and Chief Executive Officer of Sawada Holdings Co. Ltd., Mr. Mishima is a Director of Sawada Holdings Co. Ltd., Mr. Baatarsaikhan and Ms. Hulan are, respectively, President and Executive Vice President of the Tavan Bogd Group. Mr. Kassum is Managing Partner of AJK Financial Services LLC, and Robert Dressen is a Senior Vice President, Project Management of DAI. D.Molomjamts currently serves as a the Deputy Chairman of the Board of the International Investment Bank (IIB) with headquarters in Moscow.
Mr. Hideo Sawada
Chairman
Mr. Sawada has been the Chairman of Khan Bank since March 2003. He is the President and CEO of Sawada Holdings Co., Ltd., the Bank’s largest shareholder, and has held various executive positions within the group companies. He is also a founder and a Chairman of H.I.S. Co. Ltd.
Mr. Sawada is a member of board Governance and Remuneration Committee.
Mr Yoshiaki Mishima
Director
Mr. Mishima has been a director of the bank since March 2003. He is a director of Sawada Holdings Co. Ltd. and has held various executive positions within the group companies since joining it in 2002. He previously worked at Zaatec Technology, HVB Capital Asia, UBS Securities and UBS.
Mr. Mishima is a member of board Audit Committee and Risk Management Committee.
Mr. Ts. Baatarsaikhan
Director
Mr. Baatarsaikhan was appointed as a board member in March 2009. He represents Tavan Bogd Trade Co., Ltd, a major shareholder of the Bank. Mr. Baatarsaikhan is the President of Tavan Bogd Group and founder of Tavan Bogd Trade Co., Ltd.
Mr. Baatarsaikhan is a member of board Risk Management Committee.
Ms. D. Hulan
Director
Ms Hulan has been a director of the bank since March 2003. She is the Executive Vice President of the Tavan Bogd Group and co-founder of Tavan Bogd Trade Co. Ltd., a major shareholder in the company. She previously worked at the Mongolian Ministry of Finance, and Trade and Development Bank of Mongolia.
Ms. Hulan serves as a Chairwoman of board Audit Committee and as a member of board Governance and Remuneration Committee.
Mr. Jemal-ud-din Kassum
Director
Mr. Kassum was appointed as a board member in March 2009, representing IFC. Mr. Kassum is a Managing Partner of AJK Financial Services LLC and previously worked for IFC and World Bank.
Mr. Kassum serves as a Chairman of board Governance and Remuneration Committee and as a member of board Audit Committee.
Mr. Robert Dressen
Director
Mr. Dressen was appointed as a board member in April 2011. He represents Development Alternatives Inc., a shareholder of the Bank. Mr. Dressen is a Senior Vice President, Project Management of DAI. He is a banker with 25 years experience.
Mr. Dressen serves as a Chairperson of board Risk Management Committee and as a member of board Governance and Remuneration Committee.
Mr. D. Molomjamts
Director
Mr. Molomjamts was appointed as an board independent director in November 2011. A former Governor of Bank of Mongolia and a Finance Minister Mr. Molomjamts is a professional banker with extensive experience in banking and finance. D.Molomjamts currently serves as a the Deputy Chairman of the Board of the International Investment Bank (IIB) with headquarters in Moscow.
Mr. Molomjamts is a member of board Audit and Risk Management Committees.
