The company of Mother X Bogd Gegeen received awards for corporate excellence and sustainable development in Asia.

Сергей Гармаш In the world
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At the Asia Corporate Excellence & Sustainability Awards (ACES) Awards 2024 ceremony held on November 28 in Bali, Indonesia, Montcement Building Materials LLC was awarded in the category of "Industry Leader in Asia." The award was presented by the company's director, Mönkhanasan Narmandakh.

Among more than 800 participants from various regions, Montcement took a leading position in its industry, highlighting its success and achievements in sustainable development.


The ACES LEAD™ system was developed by the ACES Institute and MORS Group to assess and recognize outstanding achievements in corporate leadership and sustainable development in Asia. It serves as a reliable tool for objective analysis and comparison of company results.

For 33 years, the Monpolimet Group of Companies has overcome numerous challenges, allowing it to secure strong positions in the market. It was the first in Mongolia to implement environmentally friendly technologies in heavy industry, marking a key step towards sustainable development.

The ACES LEAD™ system is based on four key principles, each evaluated according to established parameters. This creates a unified standard for assessing corporate leadership and achievements in sustainable development, reinforcing ACES's reputation as a reliable tool for measuring progress in the region.

Mönkhanasan Narmandakh is a well-known Mongolian businesswoman, chairwoman of the board, and former CEO of the Monpolimet Group of Companies. She received her education in the USA, where she studied finance and economics at George Washington University and the University of San Francisco.


10th Jebdzun-Damba Khutukhta (born Altannar, circa 2015)
Mönkhanasan is married to mathematics professor Altannar Chinchuluun and raises four children, including twins Achildai and Agudai Altannars. One of the twins, the 10th Jebdzun-Damba Khutukhta, also known as the 10th Bogdo, is the reincarnation of a well-known spiritual leader of Tibetan Buddhism in Mongolia.

Tatar S.Maidar

source: MiddleAsianNews
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