The Board of Directors of Oyu Tolgoi has unanimously approved the appointment of Munkhsukh Sukhbaatar as Chief Executive Officer following a rigorous international selection process. He will begin his new role from 1 February 2026.
Munkhsukh brings over 25 years of leadership experience across mining, aviation, investment, and financial services in diverse geographies. Munkhsukh began his career at Oyu Tolgoi in 2012, playing an active role in range of strategically significant projects. In 2015, he transitioned to the Rio Tinto Group, expanding his expertise in stakeholder relations, partnerships, and collaborative efforts.
In his current role as Managing Director, Growth and Development Asia Pacific, Munkhsukh has overseen Rio Tinto’s regional copper portfolio, driving strategic partnerships, project development, and climate initiatives, including accelerating development of the Winu copper-gold project in Australia.
Sean Hinton, Chairman of Oyu Tolgoi’s Board of Directors, said “After 15 years of development and firmly established sustainable production, Oyu Tolgoi now stands on the threshold of its next phase of growth. At this crucial juncture - alongside efforts to further strengthen shareholder trust and collaboration - the responsibility to drive Oyu Tolgoi’s advancement is placed with Munkhsukh. His deep understanding of Oyu Tolgoi, combined with global experience and proven leadership, places him in an exceptional position to secure Oyu Tolgoi’s continued success and guide the company toward achieving its long-term goals.”
Munkhsukh Sukhbaatar, incoming Chief Executive Officer of Oyu Tolgoi, said “I am grateful for the trust placed in me and proud of the team whose dedication has brought Oyu Tolgoi to where it is today. With the continued support and collaboration of our partners and communities, my focus is to build on this strong foundation - further increasing our contribution to Mongolia’s sustainable development and creating value for everyone who has a stake in Oyu Tolgoi’s success.”
