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Tigran Davtyan: If you have a telephone with you, it means that you have a wallet with you too

Armenia's former prime minister: The indicator of the economic growth in Armenia is extremely low for the first half of 2014

RPA: OSCE Minsk Group Co-Chairs’ latest statement was addressed to Azerbaijan

French citizen lost in Gegarkunik region of Armenia

RPA does not hurry to assess 100 day activity of Hovik Abrahamyan's government

Serzh Sargsyan sees no need in arming of population of border villages

Seyran Ohanyan: Armenia has been putting in place ‘engineering facilities’ along with other measures to prevent attempts by Azerbaijani sabotage groups to infiltrate into its territory

Charges brought against Levon Hayrapetyan

Azeri State Committee for Refugees: Issues of the return of Dilgam Asgarov and Shahbaz Guliyev and the transfer of Hasan Hasanov's dead body are under control of President Aliyev

Armenian Government tries to repay its debts by transferring state-owned enterprises' assets to a U.S. company

Armenian environmentalists comment on Red Book apes imported to Armenia

All U.S. citizens traveling to or residing in Armenia are strongly encouraged to enroll in the Department of State's Smart Traveler Enrollment Program

The ICRC has already started talks to return Azeri saboteur's corpse, Azerbaijani State Committee says

Stepan Safaryan: OSCE Minsk Group prefers stroking naughty Azerbaijan

Edward Nalbandian advises his Azerbaijani counterpart not to use international arena for propaganda

Political expert: OSCE Minsk Group Co-Chairs want to lobby the meeting between Presidents of Armenia and Azerbaijan

Shmuel Meirom: Israel is willing to contribute of its experience in the field of economy, but it cannot force Israeli business to invest in Armenia

OSCE Minsk Group Co-Chairs express their serious concern about the increase in tensions and violence in Karabakh conflict zone

Heritage Party considers Volodya Avetisyan to be a political prisoner

Rostelecom expands its sales and customer service network

Arthur Grigoryan appointed commercial manager of mobile communication division at Beeline Armenia

Edward Nalbandian: Armenia wants to start a dialogue on abolishment of visa regime with EU

Edward Nalbandian: Unlike Azerbaijan, Armenia has been consistently proving its adherence to the principles of international law

No third tailing dump in Tukhmanuk

Edward Nalbandian: Turkey, which is striving to the EU, has shut down the border to the neighboring state, whereas a principle of free movement at the EU territory is one of the basic norms

Ali Hasanov: If international organizations can not resolve the conflict, let them step aside and the two neighboring states solve the problem themselves

Vladimir Dorokhin: None of the Azerbaijanis detained at the territory of Armenia are Russian citizens

"Mika cement" to replace owner

Deputy Prime Minister of Azerbaijan: The Azerbaijani people do not believe the OSCE Minsk Group

OSCE representative concerned about Armenia court decision forcing media outlets to disclose sources

The NKR Minister of Foreign Affairs received the Head of the ICRC Mission in Nagorno-Karabakh

Members of Karabakh parliament made a statement to protect Levon Hayrapetyan

"Vallex" Group celebrates Miner's Day

Commandos: Levon Hayrapetyan's arrest is a result of hard work of Azerbaijani and Russian secret services

Ivan Kukhta: The government of Ukraine owns irrefutable evidence of separatists' blame for the crash of the Malaysian Boeing

According to the results of the first half of 2014, growth rates of Ameriabank's indices exceed average market level

ACBA-CREDIT ACRICOLE BANK and American Express have announced the launch of new card "The ACBA-CREDIT AGRICOLE BANK American Express® Cash Back Card"

No visa regime between Georgia and Armenia

Vahagn Hovnanyan: It is necessary to hold a protest action in front Russia's Embassy in Armenia to support Levon Hayrapetyan

Political expert: Growth of tension at the border is a regular ill-fated expression of complexes by Azerbaijan

James Warlick: The number of incidents and resulting deaths and injuries is also a setback in our efforts to work with parties to find a lasting peace

Lake Sevan is on the verge of environmental disaster

Life of the three persons injured in Kashatagh as a result of a landmine explosion is out of danger

EU welcomes ruling of Turkish Constitutional Court regarding investigation into the 2007 murder of Turkish- Armenian journalist Hrant Dink

Armavir mayor's car explodes in mine-studded territory of Kashatagh

Newspaper: Armenian oligarch's company worked in the shadow

Nagorno-Karabakh Police publish details of the case of Azeri saboteurs

Eastern Partnership countries cannot join European Union within the next 5 years

Expert: Decision to increase water release from Lake Sevan to 270 mln cu m is a shady transaction

RESO Insurance Company compensates for damage under hull insurance in 90.9% of cases

Regional

Georgian Parliament Speaker to Visit Israel

Jury to Pass Verdict on Accomplices to Georgian General's Murderer in Moscow

Municipal Transport Drivers to Hold Protest Rally Throughout Georgia

The National Press Day

Saakashvili's Party States it is Important to Conduct the Second Round of Elections till July 19

Historical Changes Have Occurred in Georgia - President

Israeli Minister of Agriculture is Paying Official Visit to Georgia

Power Restrictions Imposed in Tbilisi since June 23, 2014

Ramadan begins on June 29

Azerbaijan's democratic forces calling for the Association with the EU

Georgian MFA Responds to U.S. Embassy's Statement, Connected with Incidents during Election Campaign

Georgian Ambassador Demands Explanations from Turkish MFA

Georgian Citizens Abroad not to Participate in Local Elections

Georgian President Delegates Prime Minister to Sign Associated Agreement

Georgian Leadership Welcomes Presidential Elections in Ukraine

We do not Need Saakashvili's Type Mediators in our Relations with Ukraine - Lavrov

Caucasian Muslims Department (CMD) opens an office in Iran, next will be Saudi Arabia

Poroshenko States he Has not Offered Georgian Ex-President Mikheil Saakashvili Adviser's Post

Russia not to Punish Georgia for Signing Associated Agreement with EU-Kosachev

James Appathurai Writes about Georgia in his Page in Facebook

Blogger Abdul Abilov sentenced to five and a half years

Vugar Aliyev committed to strengthening the responsibility of Internet resources

Civil society urges Aliyev to defend democracy

Ruben Vardanyan: Rotation of Ameriabank's Board of Directors is part of a new business culture

  • by Emmanuil Mkrtchyan

  • Friday, January 24, 16:04

Rotation of Ameriabank's Board of Directors is part of a new business culture and the resignation of Ruben Vardanyan, Russian businessman, from the post of the Chairman of Ameriabank's Board of Directors should be considered in the light of this very policy.  Now, Vardanyan is a member of the Board of Directors at Ameriabank. Talking to the local Shant TV, the founder and the head of IDeA Foundation Ruben Vardanyan said the issue must not be personified, as the bank has become rather a serious institutional structure. 

At the same time, Vardanyan said, he is proud of this project (establishment of the bank - ed.) and his colleagues, including Director General of Ameria Group Andrey Mkrtchyan, who replaced him on the post of Chairman of the Board of Directors, who managed to develop consulting business in the country in line with international standards despite unfavorable conditions in the country and continued to successfully provide services to leading companies in the world. Vardanyan said many banks in Armenia represent international bank groups and holdings and the fact that Ameriabank has managed to take leadership positions by many key figures in the banking system over the 5 years since its foundation shows that "sometimes we underestimate our potential." "I was an investor who helped establishing the bank. And it was important to have a guarantor in my person to head that project," the investment banker said. Now when the bank has become institutional, it no longer needs such guarantor, he said.  He recalled that the Board of Directors comprises highly-qualified professionals known to the world financial society: Robert fon Rekowski from Fidelity Investments, Nubar Afeyan - managing partner of Flagship Ventures, Gor Nahapetyan - Managing Director of Sberbank CIB. 

Speaking of personal plans, Vardanyan recalled that he was an investment banker at the age of 22 and headed Troika Dialog that later became part of Sberbank. "Over the last 2-3 years I have been working at Sberbank as Advisor to Chairman of the Board Herman Gref. However, I plan to more actively engage in some areas, particularly in charitable projects for Armenia and in the education field. I have rather a big package of projects to implement. I think it is very important to be consistent and to finish what you have started and promised to do. I am still working at the Board of Directors of Ameriabank, I have joined the IFC Board, which is very pleasant and prestigious. I work at the boards of directors at Rosgosstrakh, Sibur, and an American company. I keep investing in various companies and have rather a big investment portfolio at KAMAZ.  I am implementing projects in the real estate sector together with my colleague Gagik Adibekyan. I have many business and public projects. I am a member of the Board of Directors at a number of business schools in Brazil, Japan and China. I have many ideas and plans to work with very interesting businessmen, people that are determined to change our environment and make it more positive, more successful, to give people confidence in their future," Ruben Vardanyan said.

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