Our Team

AREC Mortgage Corporation's team has many years of experience in credit roles in various banks in Mongolia.

AREC's property team carries out its own property management and asset management for the assets AREC manages.


Oliver Thirlwall

Oliver Thirlwall is the founder of AREC. Oliver has over 10 years of experience in the real estate industry. From 2005 to 2010 he worked at Bank of America Merrill Lynch's Global Principal Investments team in the China team as a Vice President. At BAML Oliver played a leading role in the acquisition, ongoing management and exit of several opportunistic real estate investments in China with an equity investment value of approx. US$330 mn.

Prior to joining BAML, Oliver worked at Colony Capital's Yangtze Fund in Shanghai.

Oliver holds a BA from the University of Sydney and an MBA from IESE Business School in Barcelona. He is bilingual in English and Mandarin, speaks two European languages and is currently learning Mongolian.