He was educated at Ural State University in Russia as an electrical engineer with a concentration on automation and telemetry from 1984 to 1989.

Although he joined the pro-democracy movement in late 1989 and the Mongolian Social Democratic Party in 1990, Enkhbold emerged on the political scene in 1996 when he was appointed the Chairman of State Property Committee, the government agency responsible for the administration of the privatization process in Mongolia.

He was one of three sponsors of the controversial Windfall Profits Tax that was abolished when the Mongolian government signed an Investment Agreement for the Oyu Tolgoi mine.

Moreover, Enkhbold has often come to public attention through his questions and statements about misconduct of politicians, often including fellow DP members.

In the July 2017, after Battulga was elected as President of Mongolia, he was appointed Head of the Presidential Office and resigned in 2021.