Armen Ktoyan elected as new member of Central Bank of Armenia Board

YEREVAN, October 24. /ARКА/. The National Assembly of Armenia has elected Armen Ktoyan to the Central Bank of Armenia Board. His nomination was put forward by the parliamentary standing committee responsible for financial, credit, and budgetary matters.

Ktoyan’s nomination was approved during a parliamentary session held on October 24, with all 65 members of parliament casting their votes in favor of him.

Armen Ktoyan, aged 47, hails from Hrazdan. He completed his studies at the Yerevan State Institute of Economics from 1995 to 2000, earning a degree in economics and mathematics. He further pursued postgraduate studies at the Institute of Management and Economic Reforms, obtaining a PhD in economics after defending his dissertation in 2003, and has held the title of associate professor since 2011.

Since 2017, he has been the Head of the Statistics Department at the Armenian State University of Economics. Additionally, since 2022, he has served as a board member of Fast Credit Capital, a private limited liability company that transitioned to Fast Bank CJSC in November 2022.

He is nonpartisan and is proficient in Armenian, English, and Russian.-0-

spot_img

POPULAR

The “Physmath Friends” Charitable Foundation is the October beneficiary of “The Power of One Dram”

Within the framework of "The Power of One Dram" initiative, AMD 4,648,503 accumulated during September was directed to organizing the "Climate Change and Women" award ceremony, which aims to highlight women's contributions to combating climate change and preserving biodiversity.

Euro and dollar exchange rates against the Armenian dram fell, while the ruble continued to rise – Central Bank of Armenia 

The average market exchange rate of the US dollar against the Armenian dram, established on Armenia's currency market, fell by 0.48 points on October 13 compared to October 12, settling at 361.73 drams.

World Bank Group Mobilizes $342 Million in Private Capital in Armenia in FY2026—a 56-Fold Increase Since FY2022

The World Bank Group mobilized $342 million in private capital in Armenia during the 2026 fiscal year—a 56-fold increase compared to the $6 million recorded in the 2022 fiscal year, the World Bank’s Armenia office reported.

NVB Frontier Forum: Where global technology market and private capital meet in Yerevan

Space technologies, artificial intelligence, and private markets are gradually emerging as key areas for new investment opportunities.

Armenia’s Prime Minister Proposes Developing Stock Exchange Listings for the Country’s Mining Companies

Prime Minister of Armenia Nikol Pashinyan thinks that the mining sector should take the lead in developing institutions of public share ownership in the country, including through the listing of companies on stock exchanges.

LATEST NEWS

spot_imgspot_imgspot_img