Board and Management Changes
ICFG Limited announced that Amar Lkhagvasuren has resigned as an Independent Non-Executive Director due to a potential conflict of interest with a government role in Mongolia, and the company has commenced the search for a replacement. Concurrently, Enkhmaral Batkhuyag has been appointed Chief Executive Officer on a permanent basis, effective immediately, following her successful tenure as Interim CEO since August 2025.
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ICFG (LON: ICFG), the international financial services group, announces that Amar Lkhagvasuren has resigned as an Independent Non‑Executive Director of the Company with effect from 28 February 2026. Amar is pursuing a government-related role in Mongolia, which could give rise to a potential conflict of interest.
The Board would like to thank Amar for his service and valuable contribution to the Company and wishes him well in his future endeavours. The process of identifying and appointing a new Independent Non-Executive Director has commenced.
The Company is also pleased to announce that Enkhmaral (Ema) Batkhuyag has been appointed as Chief Executive Officer ("CEO") of ICFG Limited on a permanent basis with immediate effect, following her demonstration of strong leadership of the Company over the past six months in her capacity as Interim CEO. Ema was appointed Interim CEO on 20 August 2025 and was appointed to the Board as a Director, effective on 1 November 2025.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.