Transforming Now for a Relevant Tomorrow
As we present the findings of PwC’s 28th Annual CEO Survey, Mongolian CEOs are less optimistic in domestic economic growth as concern for geopolitical conflict, increasing inflation persist and a new threat of low availability of skilled workforce emerges, displaying increasing awareness of the need for business reinvention.
Reported by 4,701 CEOs globally, including 37 in Mongolia the path forward is clear: they must choose to act decisively now—either by accelerating their transformation efforts to blaze new trails and capture emerging opportunities, or by skillfully refining their current operations with strategic adjustments, ensuring their business models remain on course in an era redefined by innovative value creation.
The global landscape is evolving rapidly, particularly in view of changes in AI and climate change, and Mongolian CEOs similarly to our last year's findings are ever ready for business reinvention. Majority of the Mongolian CEOs are investing in generative AI, making climate-friendly investments, preparing new acquisitions and embracing solutions to transform their business models amid significant market shifts.
In closing, I extend my heartfelt thanks to the CEOs who generously shared their time and valuable insights for this year's survey and hope that you find this report informative and insightful.
Shaukat Tapia
PwC MongoliaCountry Managing Partner
Celebrating 15 years of success in Mongolia, more to come.
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Shaukat Tapia
Sergi Kobakhidze
Tax and Legal Services Partner, PwC Mongolia
Dmitry Mogilnitski
Country Managing Director, PwC Mongolia
Tsendmaa Choijamts
Battuya Tsagaanchuluun
Audit & Assurance Services Senior Manager, PwC Mongolia
Enkhzul Jambal
Senior Manager, Tax and Legal Services, PwC Mongolia
Munkhbaatar Enkhbat
Broader Assurance Services Manager, PwC Mongolia
Munkhjargal Ragchaakhuu
Anujin Amar
