Board of Trustees

According to the Republic of Armenia Law on Financial System Mediator, the Board of Trustees of the Office of Mediator consists of 7 members. They are appointed as follows:

  • one member by the Republic of Armenia Government,
  • one member by the Board of the Central Bank of Armenia,
  • one member by organizations that advocate protection of consumer rights, and
  • four members by unions of organizations.

 

The Board of Trustees of the Office of Mediator is called to approve internal policies and procedures of the Office, hear Financial System Mediator reports, control the status of implementation of the decisions it has made, oversee day-to-day activities of the Office and its financial and economic performance, approve the budget of the Office, any changes made thereto; oversee the performance against the budget, approve annual financial accounts, and take on other functions as required by the law. According to the law, the Board of Trustees shall not interfere with the professional activities of the Financial System Mediator.



Arkadi Khachatryan
Chair of the Board of Trustees


2009 - Harvard University, Kennedy School of Government (Cambridge, USA)

2004 - 2007 Economic Research Institute at the Ministry of Finance and Economy of the Republic of Armenia, Institute of Economics named after Qotanyan at the National Academy of Sciences of the Republic of Armenia, doctorate.

1997 - 2000 State University of Management (Moscow, Russia), Institute of Financial Management, Economic Research Institute at the Ministry of Finance and Economy of the Republic of Armenia, post graduate, PhD candidate in economics

1992 - 1997 Yerevan State University, Faculty of Economics

1997 - “Onyx” CJSC, Moscow, Russia, Financial Manager

1998 - 2002 Ministry of Finance and Economy of the Republic of Armenia, Insurance Inspectorate (lead specialist, head of unit, deputy head of Inspectorate - head of department, head of Inspectorate - head of General Department)

2012 - Present Yerevan State University, Economics and Management Faculty, Lecturer of the Department of Finance

2003 - 2015 President of Armenia Administration (Deputy Head of the Department of Economics, Deputy Head of the Department of Expertise and Analysis)

24.12.2015 - Present Central Bank of the Republic of Armenia, Board Member

25.04.2016 - Present Chairman of the Board of Trustees of the Office of Financial System Mediator


 

Arthur Sargsyan
Member of the Board

2001 - 2003 Yerevan State University, Faculty of International Relations, Master’s degree
1995 - 1999 Yerevan State University, Faculty of Law
As of February 5, 2014 - Deputy Minister-Chief of Government Staff
2008 - 2014 Head of Legal Department of RA Government Staff
2005 - 2007 Chief specialist and, later, leading specialist of Law Department, Administration of Government
2002 - 2005 Expert, first category expert and, later, leading expert of Legal Acts Expertise, Ministry of Justice of Armenia

 


Armenuhi Mkrtchyan
Member of the Board

2010 - 2011 St. Andrews University in the UK, “International Business Strategy”, Master’s degree
2004 - US Tufts University’s Fletcher School of Law and Diplomacy
1994 - 1999 Yerevan Institute of National Economy, Faculty of World Economy
12/2008 - Member of the Board of Trustees of the Office of Financial System Mediator, appointed by the Central Bank of Armenia
2008 - Present Head of Consumer Interest Protection and Financial Education Center, the Central Bank of Armenia
1998 - 2008 Various positions in the banking, credit, insurance and securities fields, the Central Bank of Armenia

Emil Soghomonyan
Member of the Board

1973 - Graduated from Yerevan State University, economist by specialty

12/2008 - Member of the Board of Trustees of the Office of Financial System Mediator, appointed by the Union of Banks of Armenia

2007 2009 Chairman of the Union of Banks of Armenia

1992 - Present Chairman of Executive Board of “Prometey” Bank LLC


Ashot Salnazaryan
Member of the Board

2003 - Defended his doctoral dissertation “Investment Functions and Effectiveness of the Securities Market” and earned a doctoral degree in economics; in 2005 he was awarded a professorial degree

1988 - Defended his candidate dissertation “The Distribution of Profit Amidst Enhancement of Economic and Settlement Relations” and earned a degree in candidate of economics

1975 1979 Yerevan Institute of National Economy, Faculty of Planning and Economics

2011 Head of Faculty of Corporate Finance, State University of Economics of Armenia and since 2013, Acting Head of the Department of Finance, State University of Economics of Armenia

12/2008 Member of the Board of Trustees of the Office of Financial System Mediator

Paylak Ghukasyan
Member of the Board

1999 - 2003 A correspondence course at the Chartered Institute of Insurance of Great Britain, specialty insurance

1994 - 1996 American University of Armenia, Faculty of Political Science and International Relations; Master’s degree

1989 - 1994 Yerevan State University, Faculty of Mechanics and Mathematics

04/2009 - Present Armenia Representative of ABB Corporation

12/2008 - Member of the Board of Trustees of the Office of Financial System Mediator, appointed by the Association of Insurance Market Participants of Armenia

2008 - 2010 Executive Director of the Association of Insurance Market Participants