Our management
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Grigor Hovhannisyan
Chairman of the Board of Directors
Born on 26 January 1971 in Yerevan.
EDUCATION2001: Graduate of the Fletcher School of Law and Diplomacy, Tufts University, MA
1993: Graduate of Haigazyan University, Beirut
1992: Graduate of Yerevan State University, Department of Oriental Studies, Arab Studies
PROFESSIONAL EXPERIENCEDecember 2018 - April 2020: Deputy Minister of Foreign Affairs by the decision of RA Prime Minister.
2016-2018: Ambassador Extraordinary and Plenipotentiary of the Republic of Armenia to the United States.
2013-2016: Ambassador Extraordinary and Plenipotentiary of the Republic of Armenia to the United Mexican States.
2014-2016: joint appointments: Ambassador Extraordinary and Plenipotentiary of the Republic of Armenia to the Republic of Cuba, Republic of Costa Rica, Republic of Panama and Republic of Guatemala.
2009-2013: Consul General of Armenia in Los Angeles.2007–2009: Executive Director of the "Shushi Revival Fund" in Armenia.
2006: Field Coordinator at the UN Emergency Mission to the Saida region of Lebanon.
2005-2008: Lecturer at Yerevan State University in Middle East Politics at the Faculty of Oriental Studies.
2004: Chief Adviser, the UN Assistance Mission for Iraq (UNAMI) (Jordan-Qatar).
2002-2003: UN Secretariat Coordinator for Palestinian Authority (West Coast Region and Gaza Strip).2001–2003: Team Leader and Emergency Planning Coordinator, Office of the UN Special Coordinator (UNSCO) for the Middle East Peace Process (Jerusalem: Israel, Palestinian Authority, Syria, Lebanon, Jordan).
1998-2000: Head of the UN Secretariat Office for Coordination in the Democratic Republic of the Congo and the Republic of the Congo.
1996-1998: UN Special Mission to the African Great Lakes region: Uganda, Zaire, Burundi, Rwanda, Tanzania, Kenya. Adviser to the Special Coordinator, program and public relations.
1994-1996: UN High Commissioner for Refugees, Yerevan Office. Coordinator of the “Shelter” program.
May 2020 to present: Chairman of the Board of Directors, ARARATBANK OJSC
DIPLOMATIC RANK
Ambassador Extraordinary and Plenipotentiary
FOREIGN LANGUAGES
English, Russian, Arabic, French, Spanish
MARITAL STATUSMarried, two children
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Arzik Suvaryan
Board Member
Born on July 2, 1951 in Sghnakh village, NKR.
1968-1972: Graduate of Yerevan State University, Faculty of Economics.1972-1974: Joined Soviet Army as an officer.
1975-1979: Yerevan State University (presently Armenian State University of Economics), postgraduate.1981: Supreme Committee for Certification of the USSR, Degree of Doctor of Sciences (Economics).
1994: Trading-Industrial Palace, Lion Certificate, France.
2009: Supreme Committee for Certification of the RA Degree of Doctor of Sciences (Economics), Professor.
1994/07-1995/02: Agrobank CJSC, Head of Resource Management Department.
1995/02-1998/09: Agrobank CJSC, Vice-executive Director.
1998/02-1999/09: Agrobank CJSC, Chairman.
1999/09-2004/06: Armsavingsbank CJSC, Vice-executive Director.
2004/06 – 2009: VTB Bank-Armenia CJSC, Head of Teaching Center.
1979 to present: Yerevan State Institute of Economics, Associate Professor (docent), Labor Economics Faculty.2006 to present: Russian-Armenian (Slavonic) University, Head of the Chair of Management, author of more than 80 published science papers, text-books & manuals, some of which were published in Russian and English abroad.
December 2010 to present: Member of the Board of Directors of ARARATBANK OJSC
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Narek Beglaryan
Board Member
Date of birth: August 24, 1982
Place of birth: Republic of Armenia
Education
- 2006-2009 | Master of Public Administration | Public Administration Academy of the Republic of Armenia
- 1999-2004 | Bachelor of Global Economics | Armenian State University of Economics
Military service:
- 2004-2006 Lieutenant of the RA Armed Forces
Professional experience
- 2023- present| General Director | HIMQ Foundation
- 2020 – present | Executive Director | BB CAPITAL LLC
- 2018 – present | Board Member | ARARATBANK OJSC
- 2009-2022 | Deputy Director for Administration | Flash Trade LLC
- 2007-2021 | Executive Director | Flash Tour LLC
- 2000-2004 | Deputy Director for Regional Branch Development | Arzni Poultry Farm
Languages
- Armenian - native
- English - intermediate
- Russian - intermediate
Awards and Certificates
- 2011 | Marketing 3.0 Values-Driven Marketing seminar | Organized by Dr. Philip Kotler
Marital Status
- Married, 4 children
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Karen Babajanyan
Board Member
Professional experince
April 2020 to present: Board member at ARARATBANK OJSC
2014 to present: Cofounder and brand Director in Braind company
2012-2014: Armenian State University of Economics Marketing and Career Centre Head of Division
2010 - 2017: Armenian State University of Economics Department of Marketing
2008-2009: Participation in AC Nielsen international marketing research company projects
2007-2008: Brand specialist in Antares Holding
Formal education
2002-2007: Armenian State University of Economics Department of Marketing and Business Organization
2007-2010: Armenian State University of Economics PhD in the Department of Macroeconomics Dissertation topic: “The Main Issues of Branding Policy'' A number of scientific articles on branding have been published.
2010:PhD Degree in Economics, issued by the Decision of Professional Board of Armenian State University of Economics․
Marital status: Married, 2 daughters
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Armen Harutyunyan
Board Member
Date of birth: September 9, 1981
Place of birth: Republic of Armenia
Education
- 2010-2012 | Master of International Development | University of Bristol
- 2006-2009 | Master of Public Administration | Public Administration Academy of the Republic of Armenia
- 2000-2002 | Finance and Management | Agribusiness Teaching Center (ATC) of Armenian National Agrarian University and Texas A&M University
Professional experience
- November 2020 – present | Board Member | Global FinTech Institute
- January 2021 – present | Director of Eurasian Economic Commission Department of Agro-Industrial Policy
- October 2020 – present | Blockchain and Fintech Academic Council Member | Singapore University of Social Sciences (SUSS)
- December 2019 – January 2020 | Senior Advisor to the Director | Global Center for Technology, Innovation and Sustainable Development in Singapore
- April 2019 – December 2019 | Acting Chief of Staff, Partnership and International Finance Officer | United Nations
- August 2018 – August 2021 | Chairman of Board of Trustees | Armenian National Agrarian University
- November 2018 – March 2019 | Behavioral Economist | United Nations Development Programme (UNDP)
- August 2018 – November 2018 | Senior Economist, Team Leader | United Nations Development Programme (UNDP)
- October 2013 – August 2018 | Deputy Minister | RA Ministry of Agriculture
- October 2012 – October 2013 | Adviser to the Minister | RA Ministry of Agriculture
- November 2011 – August 2012 | Head of Marketing and International Relations Department | Armenian Harvest Promotion Center | Economist, Marketing Consultant | Center for Agribusiness and Rural Development
- January 2010 – August 2010 | Akhalkalaki Branch Coordinator | Rural Development of United States Department of Agriculture (USDA) and Georgian Institute of Public Affairs (GIPA)
- March 2004 – August 2004 | Business Plan Development and Finance Consultant | USDA Marketing Assistance Program (MAP)
Teaching experience
- January 2017 – January 2019 | Lecturer | Behavioral Economics | Executive MBA, YSMU
- August 2016 – December 2017 | Lecturer | American University of Armenia (AUA)
- September 2016 – March 2018 | Lecturer | Project Management | Agribusiness Teaching Center (ATC) of Armenian National Agrarian University
Education programs
- Stanford University, Innovation and Leadership in an Era of Change and Uncertainty, 2018
- Finnish Innovation Fund, Sitra, Impact Investment, 2018
- Harvard Kennedy School of Government, Cutting Edge Development, for Executive Leadership Development, 2016
- French Ministry of Foreign Affairs and International Development, HLP Personalities of Future, 2015
- London School of Public Relations, Thesis Topic: Integrated Approach on Public Relations, 2009
- University of California, Davis, OIV Marketing Course, 2008
Languages
Fluency in Armenian, English, Russian
Awards and Prizes
- Eurasian Economic Union (EEU), Order for Contribution to the Establishment of the Eurasian Economic Union;
- Joint Japan/World Bank Graduate Scholarship Program (JJWSP), Food and Agriculture Organization of the United Nations, Effective Partnership Commemorative Medal;
- Gold Medal of the RA Ministry of Agriculture for Agricultural Achievements;
- Best Defender Award in RA Prime Minister's Football Cup.
Marital Status
Single
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Ara Chalabyan
Board Member
Born on December 28 1975 in Yerevan
Education
- 2012 | Columbia University Business School, General Management Leadership Program
- 2004 | Fletcher School, Tufts University, Boston, Special six-month Economic Program
- 2000-2001 | Business Administration (MBA), American University of Armenia
- 1992-1997 | Department of Economics, Yerevan State University
Qualification and Membership
- 2014 | Information Systems Audit and Control Association (ISACA), Qualification CRISC (2014)
- 2006 | Association of Chartered Certified Accountants (ACCA), Qualification ACCA (2006)
- 2001 | Institute of Internal Auditors (IIA), Qualifications CIA (2014), CRMA (2013)
Work Activity
- 2012-2021, 2023 - to date | President | Institute of internal Auditors Armenia NGO
- 2022 - to date | Financial, Investment, and Management Adviser | "Armenian Software" LLC | "SV and GA" LLC
- 2020-2022 | Director, Corporate Services and Development Directorate/Member of the Executive Committee | Central Bank of Armenia
- 2010 - 2020 | Chief Audit Executive / Head of Internal Audit Department | Central Bank of Armenia
- Short-term Expert, International Monetary Fund since 2022
- Started career in 1998, worked as a banking supervisor, internal auditor, risk manager, loan officer, Credit Unit Manager, Director of Corporate Finance Department/Executive Board Member, CFO, CEO, Chief Audit Executive, Corporate Services Director/Executive Committee Member
Social Activity
- Independent Member of the Internal Audit Committee, Ministry of Finance, 2017-18
- Independent Member of the Internal Audit Committee, Ministry of Labor and Social Affairs, 2018
- Member of different Committees of the Institute of Internal Auditors Global, Florida, 2015-2020
- Member of the Board of trustees, Dilijan Central School, 2014-2017
Military Service
- 1997-1998 | Senior Sergeant
Teaching Experience
- 2012 - to date | American University of Armenia, Finance and Audit, 4 courses
- 2012 - 2019 | Agribusiness Teaching Center: Finance, 3 courses
- 2020 - to date | IIA-Armenia, CIA Qualification, and Internal Audit Fundamentals Trainings
- 2004 - 2010 | IAB Centre – ACCA Qualification Training: 3 courses
Publications
- Articles on Internal Auditing (2024)
- What Is an Internal Audit?
- Differences in External and Internal Audit
- What is Audit Committee?
- Three lines of Defense
- Ethics and Professionalism
- "The Challenges of Internal Audit in the Public Sector" – IIA-Armenia (2019)
- Elevating Team Performance article published in Internal Auditor and Внутренний Аудитор (2018)
- Series of articles published at www.banks.am and "Внутренний Аудитор" (2017)
- Is the Boss Always Right?
- Cultural Stereotypes – Fears of the Boss
- The Excuses of "Simple Mortal"
Awards
- 2019 | John B. Thurston Outstanding Contributor 2019, Internal Auditor Magazine
- 2018 | American University of Armenia, Teaching Excellence Award
- 2016 | Agribusiness Teaching Center, Teaching Excellence Award
- 2015 | CIA (certified internal auditor) certificate of excellence for 2014 top 10 worldwide result
Languages
- Armenian, English, Russian
Marital Status
- Married, has four daughters
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Page updated 08.07.2024 | 14:32
In case of discrepancy between Armenian and English versions of the information, the priority is given to the Armenian version.