As a child, Batbold graduated from the 14th high school in Ulaanbaatar, going on to study in Russia at the Moscow State Institute of International Relations, one of the most prestigious educational establishments in the former Eastern Bloc, between 1980 and 1986.
He was one of the first Mongolians to be given the opportunity to receive an education in the West and studied at the Middlesex University London Business School from 1989 until 1991, residing at Netherhall House.
He was Deputy Minister of Foreign Affairs from 2000 to 2004 and became a member of the Leadership Council of the Mongolian People’s Revolutionary Party (MPRP) in 2001.
[4] During his tenure as Minister of Foreign Affairs, he hosted United Nations Secretary-General Ban Ki-moon in Ulan Bator to discuss the topic of climate change in Mongolia.
[12] On October 29, 2009, Batbold was elected as the 26th Prime Minister of Mongolia, succeeding Sanjaa Bayar, who resigned for health reasons.
During the Party Congress, Batbold was one of three proposed candidates for leadership, the others being Parliament Speaker Demberel Damdin and MP U. Enkhtuvshin.
[15] The law was significant in legislating the notions of legally punishing workplace harassment, introducing women's quotas in political election nominations, etc.
The reform and modernisation of the Mongolian Stock Exchange[16] were initiated, and its board was filled with respectable independent members for the first time in its history, such as Peter Morrow, an American who was one of the most influential figures in establishing Mongolia's private banking system[17] and Baatar Bold, a Mongolian with many years of experience in international banking who is currently one of the top executives of Rio Tinto,[18] among others.
In 2010, Batbold held a cabinet meeting[21] in the Gobi Desert to draw attention to climate change and the growing threat of desertification in Mongolia.
He proposed in his speech to the Parliament in 2009, as he was taking over as prime minister:[27] "We can learn from our traditional partners’ experiences where they have recently joined the European Union and enjoy the benefits of such new standards.
[29] Batbold hosted many other world dignitaries in Mongolia, such as US Vice President Joseph Biden[30][31] and Secretary of State Hillary Clinton.
[32][33] At the same time, Batbold's cabinet adhered to the traditional foreign policy of Mongolia to maintain and strengthen relations with its only two neighbors, Russia and China.
Batbold's term as prime minister saw a remarkable degree of high-level visits and exchanges with the country's most significant foreign partners, such as Japan,[37] South Korea,[38] India,[39] Australia,[40] and Singapore,[41] among many others.
Therefore, he is one of the founders of the Mongolia Economic Forum and the Mongolian Development Strategy Institute,[45] both dedicated to encouraging deeper public policy research and more open debate.
Its board members and contributors have published many books and articles on Mongolia's developmental challenges, trade and diplomacy, security, history, environment, and governance.
After winning a parliamentary seat for the fifth time in 2020, Batbold was elected chairman of the Great Khural Subcommittee on Special Oversight.
The trust owned another British Virgin Islands shell company named Premier Edge Ltd., with Batbold becoming its first shareholder in 2005.
[52] The apartments, located between Harrods and Hyde Park in the Knightsbridge district,[53][54] are believed to have been purchased using "illegal kickbacks" from mining deals.
In 2020, the High Court of Justice barred Batbold from selling the apartment "during an international £185 million corruption and money-laundering investigation.