Board of Directors
Executive Chairman – March 2014 to Present – CEO February 2011 to Present
Mr. Kupperman is a co-founder of Mongolia Growth Group and has been the CEO and President of the Company since February 2011. He earned a history degree from Tulane University College in 2003. He spent 10 years as President of Praetorian Capital, a macro themed small cap focused hedge fund based in Miami Beach. Mr. Kupperman served as a Director at Aeroquest International Limited (TSX:AQL) from 2010-2011. Mr. Kupperman writes a very successful blog; AdventuresInCapitalism.com; a site dedicated to uncovering unique opportunities around the world.
Director – December 2014 to Present
Mr Dwyer was a New York-based investment banker specializing in mergers and acquisitions for 30 years and completed over 100 M&A transactions. In addition, he founded and managed M&A departments for two major investment banking firms: Shearson Loeb Rhoades and UBS-North America. Mr. Dwyer was Head of cross-border M&A for UBS, focused on European markets. Mr. Dwyer was also an M&A investment banker with Kidder Peabody, where he was deputy head of M&A for the first 4 years of the firm’s organized M&A practice, and at Donaldson, Lufkin & Jenrette, where he was one of 4 Senior VP’s in investment banking.
Mr. Dwyer first visited Mongolia in 2001 to represent the Government of Mongolia as lead investment banker for the privatization of its largest bank, Trade & Development Bank, which was sold to a US metals trading entity. Thereafter, he served as lead investment banker for the privatization of the largest Government-owned retail bank, Khan Bank, which was sold to a Japanese brokerage entity.
From 2003 to 2007, Mr. Dwyer was COO of the Mongolian branch of the North America-Mongolia Business Council. He co-founded the Business Council of Mongolia (BCM) and was appointed Executive Director upon its formation, in September 2007. BCM is a Mongolian non-government organization (NGO) and a leading advocacy effort representing over 250 business stakeholders in Mongolia, including foreign and Mongolian corporations.
Mr. Dwyer received his MBA from Columbia Graduate School of Business (Columbia University). He received a BBA in Accounting & English from the University of Notre Dame and qualified as a certified public accountant (CPA) with Touche Ross, a firm that is now part of Deloitte. Mr. Dwyer also serves as Chairman & President of Mongolia Education Foundation; and Chairman of Mongoljin Private Capital Limited, the Sponsor of the Mongolia Development Finance Fund.
Director – December 2014 to Present
Mr. Farquhar co-founded Input Capital (TSXV: INP), an agricultural royalty and streaming company with a market cap of approximately $165 million and serves as a Director, Executive Vice-President and Chief Financial Officer to the Company. He also serves in a similar capacity at Assiniboia Capital Corp., which manages Assiniboia Farmland Holdings LP, a 125,000 acre portfolio of Saskatchewan farmland, on behalf of the Canada Pension Plan Investment Board (CPPIB). In addition, Mr. Farquhar is President of Nomad Capital Corp., which manages an investment partnership that invests in Mongolian public companies, including MGG.
Mr. Farquhar is a trained financial planner and has completed the Canadian Securities Course of the Canadian Securities Institute. He received a Master of Public Administration degree in Electoral Governance from Griffith University in Australia, studied political science at Carleton University, and completed a Bachelor of Arts in Liberal Arts at Providence College. He has been engaged as an international consultant on matters related to the conduct of elections in Central Asia, the Middle East, and the Caribbean. He has also been a part-time faculty member in the Department of Political Science at the University of Regina. Mr. Farquhar previously served as Executive Director of the Saskatchewan Party and Executive Assistant to the Leader of the Opposition.
Mr. Farquhar is a Director of Greenfield Carbon Offsetters Inc., a start-up involved in the creation of carbon credits, on the advisory board of AgFunder.com and Chair of the board of directors of SIM Canada. He is a former director of the International Centre for Human Rights and Democratic Development and the Regina & District Chamber of Commerce.
Director – April 2011 to Present
Mrs. Losolsuren is currently a partner at UMC Capital in Mongolia. She is also a former investment officer at Asian Development Bank and a Former Consultant to the Financial Regulatory Commission of Mongolia. Mrs. Losolsuren is a VP of the Financial Markets Association of Mongolia. She earned a Bachelor degree from the National University of Mongolia in 1998 and an MBA from the University of Waseda in Tokyo, Japan in 2006. Mrs. Losolsuren joined the Board of Mongolia Growth Group in April 2011.
Director– December 2014 to Present
Mr Cousyn is a Capital Markets’ professional with 15 years of alternatives and traditional industry experience. Before moving to Mongolia, Mr. Cousyn was a licensed securities professional in the US with extensive experience in relationship management and trading which spanned equities, fixed income, derivatives and distressed debt. While based in the US, some of the firms he worked for included Deutsche Bank, Banque Populaire, Wells Fargo and First Horizon National Bank.
Since 2012, Mr. Cousyn has served as Chief Operating Officer and head of research for BDSec (MO:BDS), Mongolia’s largest broker and investment bank. He draws on his strong background in research and investment banking to provide macro and microeconomic information to his clients, which include several of the world’s largest institutional investors. Mr. Cousyn also serves as Co-Chair of the Business Council of Mongolia Capital Market Working Group and is a Senior Council Member and guest lecturer at Mongolia’s Institute for Finance and Economics. Mr. Cousyn holds a BA in Economics from the University of California at Riverside.
Director – December 2014 to Present
Mr Scott, CA, CFA brings more than 20 years of professional experience in corporate finance, accounting and merchant and commercial banking. Mr. Scott earned his CFA in 2001, his CA designation in 1998 and has a B.Sc. from the University of British Columbia. He is a Founder and President of Corex Management Inc., a private company providing accounting, administration, and corporate compliance services to privately held and publicly traded companies. He has served on the management teams and boards of numerous Canadian resource companies with a strong track record of cost effectively running operations. Mr. Scott has also listed several companies on the TSX-V gaining extensive IPO, RTO, regulatory and reporting experience.
Mr. Scott is currently the CFO of Riverside Resources (TSXV: RRI) and on the board of Entourage Metals (TSXV: EMT). During his tenure with Riverside Resources, Mr. Scott has been instrumental in negotiating strategic alliance deals with major metal producers, which have generated close to $20 million in partner funded exploration. In addition, Mr. Scott is a co-founder and director of privately held, Pan American Hydro Corporation, a developer of small hydro projects in Latin America.