Board Members and Executives

17.08.1974

Education and Qualifications

Yerevan Institute of National Economy | Degree in Finance and Credit, 1996

National Institute of Economic Research | Postgraduate studies; Candidate of Economic Sciences, 1999

International Academy of Business | PMP Fundamental and Advanced Level qualification courses, 2017–2018

CMI Level 7 | Management qualification course, 2019

Professional Experience

Armenian Leasing Company UCO CJSC | Co-founder, Board Member and Chief Executive Officer, since 2019

Acba Leasing UCO CJSC | Chief Leasing Specialist, Deputy Chief Executive Officer and Chief Executive Officer, 2003–2019

Acba Credit Agricole Bank CJSC | Senior and Chief Credit Expert, 2000–2003

Ministry of Finance and Economy of the Republic of Armenia | Economist and Senior Economist, 1996–1999

Professional and Public Engagement

Union of Employers of Armenia NGO | Board Member, since 2024

Lessors’ Association of Armenia NGO | President, since July 2021

Armenian State University of Economics | Board Member, since 2021

Leasing Subgroup of the Eurasian Economic Commission | Representative of Armenia, since 2020

Partners Invest LLC | Co-founder, since 2019

SME Development Council under the Prime Minister of the Republic of Armenia | Member, 2017–2018

EFIX, Horizon 2020 Programme | Advisory Board Member

International Expert Experience

IPC – Internationale Projekt Consult GmbH, Frankfurt School of Finance & Management, AFC Agriculture and Finance Consultants, GOPA Consulting Group, Asian Development Bank (ADB) | International and Regional Leasing Expert

Geographic Coverage of International Projects | Armenia, Georgia, Tajikistan, Kazakhstan, Kyrgyzstan, Uzbekistan, Russia, Singapore, Kenya, Somalia, South Africa

Leasing Implementation and Development Experience

Financial Institutions in Armenia | Full or partial implementation of leasing as a standalone business line at ARMECONOMBANK OJSC, UNIBANK OJSC, NORMAN CREDIT UCO CJSC, AMIO BANK CJSC, FAST BANK CJSC, INECOBANK CJSC, ARARATBANK OJSC

AccessBank Tajikistan | Implementation of an agricultural leasing business line and a specialized leasing unit

Crystal Microfinance Organization, Georgia | Implementation of an agricultural leasing platform and two product lines

TBC Leasing, Georgia | Implementation of a solar equipment leasing product and a digital leasing platform

Financial Institutions in Uzbekistan | Advisory support for the implementation of leasing business lines and institutional frameworks

Academic Activity

Professional Publications | Author of 2 professional booklets and 16 academic articles

Academic and Educational Activity | Author of reviews and evaluations for approximately 90 academic papers and graduation theses

10.11.1973

Education and Qualifications

State Engineering University of Armenia | Degree in Control Systems, 1995

Saint Petersburg University of Law, Economics and International Economic Relations | Degrees in Management and Law, 1998 

University of Sheffield, United Kingdom | Master’s Degree in Business Administration, 2019
Academic Degree | Candidate of Technical Sciences, 2004

Professional Experience

Aquatus LLC | Founder, 1999

Topshintekh LLC | Founder, 2011

Bplan LLC | Founder, 2018

Partners Invest LLC | Co-founder, 2019

Armenian Leasing Company UCO CJSC | Co-founder, 2019

Technotun LLC | Founder, 2019

Professional and Corporate Governance Activities

Armenian Leasing Company UCO CJSC | Chairman of the Board, since 2019

Technotun LLC | Chairman of the Board, since 2025

Key Areas of Professional Activity

Over 30 years of entrepreneurial and managerial experience

Development and management of entrepreneurial and investment projects

Development of construction and engineering solutions

Representation of international construction brands in Armenia

Real estate project development and construction

Corporate governance of financial institutions

Implementation and support of charitable and socially significant initiatives

15.01.1970

Education and Qualifications

Vanadzor Polytechnic Institute | Mechanical Engineer, 1992

American University of Armenia | Master of Engineering, 1995

Joint Vienna Institute | Applied Economic Policy Programme, 1999

Tulane University, A. B. Freeman School of Business, USA | Master of Business Administration (MBA), specializing in Finance with a concentration in Accounting, 2003

Edmund S. Muskie and Freedom Support Act Graduate Fellowship | Fellowship Programme Recipient

Professional Experience

Ministry of Finance and Economy of the Republic of Armenia | Senior Specialist, Head of Division, Deputy Head of the Public Debt Management Department and Deputy Chief Treasurer, 1995–2001

World Bank | Public Financial Management and Economic Policy Consultant, 2002–2003

Deposit Guarantee Fund of Armenia | Director, 2005–2008

EU Advisory Group to Armenia | Public Debt Management Expert, 2009–2010

ARD Consulting | Consultant, 2013–2015

Louis Berger | Consultant, 2015–2017

GIZ Country Office in Armenia | Consultant, 2017–2018

IBF International Consulting | Consultant, since 2018

Asian Development Bank (ADB) | Public Financial Management Consultant, since 2018

Armenian Leasing Company UCO CJSC | Board Member, since 2019

International Expert Experience

International and Development Organizations | Consultancy assignments within programmes implemented by the European Union, World Bank, Asian Development Bank, United States Agency for International Development (USAID), GIZ, United Nations Development Programme (UNDP), UNICEF, International Labour Organization (ILO) and OECD

Geographic Coverage of International Projects | Armenia, the Kyrgyz Republic and Tajikistan

Key Areas of Professional Activity

Public financial management

Public debt management

Medium-term expenditure frameworks and programme-based budgeting

Assessment of financial management systems

Institutional reforms in public administration

Development of financial and budgetary legislation

Programme costing and fiscal sustainability analysis

Assessment of corruption prevention and public procurement systems

Academic and Analytical Activity

Professional Publications | Author and co-author of research papers and professional publications on public financial management, public debt management, deposit insurance, budgetary policy and public administration

International and National Policy Documents | Contributor to the development of the Roadmap for the Armenia–EU Comprehensive and Enhanced Partnership Agreement and the OECD Anti-Corruption Monitoring Report
 

02.08.1975

Education and Qualifications

Yerevan Gladzor University of Management | Degree in Law, 1997

Public Administration Academy of the Republic of Armenia | Postgraduate Researcher at the Department of Law, since 2016

Current Professional Activities

Rego Insurance CJSC | Board Member, since 2023

Armenian Leasing Company UCO CJSC | Board Member, since 2021

GM Developer LLC | Chief Advisor to the Director, since 2021

Decora Group LLC | Chief Advisor to the Director, since 2021

Future Style LLC | Shareholder, since 2019

Professional Experience

Judicial Department of the Republic of Armenia | Head of the Judicial Bailiffs Service and Deputy Head of the Judicial Department, 2017–2021

Chamber of Advocates of the Republic of Armenia | Advisor to the President, 2016–2017

Compulsory Enforcement Service of the Republic of Armenia | Deputy Chief Compulsory Enforcement Officer, 2011–2016

Kotayk Regional Division of the Compulsory Enforcement Service | Head of the Regional Division, 2009–2011

Aragatsotn Regional Division of the Compulsory Enforcement Service | Head of the Regional Division, 2008–2009

Armavir Regional Division of the Compulsory Enforcement Service | Head of the Regional Division, 2005–2008

Aragatsotn Regional Division of the Compulsory Enforcement Service | Head of the Regional Division, 2004–2005

Abovyan–Yeghvard Territorial Unit of the Kotayk Regional Division of the Compulsory Enforcement Service | Head of Unit, 2003–2004

Yerevan City Division of the Compulsory Enforcement Service | Senior Enforcement Officer, 1999–2003

Kentron District Administration of Yerevan | First-Class Specialist, 1997–1999

Key Areas of Professional Activity

Corporate governance

Legal advisory

Compulsory enforcement of judicial acts

Judicial administration

Coordination of organizational legal and management matters

Participation in the governing bodies of insurance and financial institutions
 

29.12.1989

Education and Qualifications

Armenian State University of Economics | Degree in Economics, 2011

International Qualifications | Professional qualifications in the financial sector

Current Professional Activities

Armenian Leasing Company UCO CJSC | Deputy Chief Executive Officer, Head of the Risk Management and Compliance Team, since 2021

Renewables Academy (RENAC) | Green Finance Expert – Advanced International Professional Qualification, 2026 

Professional Experience

Armenian Leasing Company UCO CJSC | Chief Risk Management Specialist, 2019–2021

Ameriabank CJSC | Chief Specialist, Retail Lending Department, 2017–2019

IDBank CJSC | Chief Credit Specialist, 2012–2017

ArmenTel CJSC | Marketing Specialist, 2011–2012

Key Areas of Professional Activity

Development and enhancement of risk management systems

Regulatory compliance

Assessment of credit and leasing transactions

Retail and business financing

Development of internal control mechanisms

Green finance

Professional training for financial sector specialists
 

30.10.1982

Education and Qualifications

Armenian State University of Economics | Master’s Degree in Accounting and Audit, 2007

Chamber of Auditors and Expert Accountants of Armenia | Expert Accountant Qualification, 2023

Professional Qualifications | Qualifications in accounting and financial management

Current Professional Activities

Armenian Leasing Company UCO CJSC | Chief Accountant, since 2019

Professional Experience

Credit Corp UCO CJSC | Chief Accountant, 2016–2019

Shengavit Territorial Tax Inspectorate of the State Revenue Committee of the Republic of Armenia | Tax Inspector, 2015–2016

G&A UCO LLC | Deputy Chief Executive Officer and Chief Executive Officer, 2013–2015

ArmEconomBank OJSC | Member of the Internal Audit Team, 2011–2013

Arakne CJSC | Chief Accountant, 2010–2011

Malatia UCO CJSC | Accountant, Branch Manager and Head of Separate Subdivisions, 2008–2011

Astvan LLC | Senior Accountant, 2007–2008

Khizakh Zinvor LLC | Chief Accountant, 2006–2016

Key Areas of Professional Activity

Financial and management accounting

Preparation of financial statements

Tax accounting and compliance

Accounting for financial institutions

Internal audit and control

Management of financial units

Preparation and submission of regulatory reports
 

12.03.1977

Education and Qualifications

Yerevan State College of Light Industry | Qualification in Commerce, 2001

MFB Financial Academy | Qualifications in Finance and Credit, 2005

Current Professional Activities

Armenian Leasing Company UCO CJSC | Internal Auditor, since 2023

Evocabank CJSC | Member of the Internal Audit Team, since 2021

Professional Experience

SoftConstruct CJSC | Head of Internal Audit, 2020–2021

Fast Credit Capital UCO CJSC | Head of Internal Audit, 2019–2020

Kamurj UCO CJSC | Head of the Risk Management Unit within the Internal Control and Risk Management Department, 2019

IDBank CJSC | Specialist in the Control Department and subsequently Senior Specialist in the Internal Audit Department, 2005–2018

Union of Banks of Armenia | Internal Auditor on a concurrent basis, 2009–2010

United Bank OJSC | Credit Specialist, 2003–2005

Credit-Service Bank LLC | Specialist in the Asset and Liability Management Department, 2002–2003

Key Areas of Professional Activity

Internal audit and control, risk management, asset and liability management, oversight of lending processes, and assessment of financial institutions’ regulatory compliance.