Mr Joseph Borkowski
Chairman and Chief Executive Officer

▪ Over 20 years of private equity and investment banking
experience covering natural resources, life sciences, real
estate and telecommunications
▪ Founder and investment manager of Rasia Group, which
is comprised of principal investment companies focused
on natural resources and related infrastructure
▪ Portfolio of mining, litigation and infrastructure investment
▪ Bachelor of Science from Tufts University and MBA from
Columbia Business School

Mr Markhaaj Choidorj
Director General

▪ Experienced executive and diplomat with more than 17 years’
experience working in the Parliament and Government of
▪ Former director general of the International Cooperation in
the Parliament of Mongolia
▪ Former member of the Policy Council on Mining under the
Prime Minister of Mongolia
▪ Joined the company 11 years ago
▪ Fluent in five languages
▪ Bachelor of Laws in Moscow and Master in International
Relations from Keele University in the UK

Mr Bayarmanla Manaljav
Director General

▪ Extensive managerial experience in one of the leading
mining companies in Mongolia
▪ Familiar with cross-border corporate, commercial and
financing agreements involving Mongolia
▪ Admitted to practice law in Mongolia
▪ Bachelor of Laws in Mongolia, and Master of Laws in the

Murungua Bayarsaikhan
Chief Financial Officer

▪ Over 10 years of experience in international and Mongolian
companies, preparing financial statements and running
accounting (GAAP, IFRS and IAS)
▪ Over 9 years of experience in German, US and Mongolian
organizations, running finances and procurement
▪ Chartered Certified Accountant (ACCA)
▪ Bachelor in Accounting and Bachelor of Laws in Mongolia

Corporate Directory

Legal Counsel:
Shearman & Sterling
21st Floor, Gloucester Tower
The Landmark
15 Queen’s Road Central, Central
Hong Kong

Ernst & Young Mongolia Audit LLC
Suite 200, Naiman Zovkhis Building
Seoul street 21, Ulaanbaatar, Mongolia