ADB Appoints New Country Director for Armenia

YEREVAN, April 29. /ARKA/. The Asian Development Bank (ADB) has appointed Lyaziza Sabyrova as its new Country Director for Armenia, effective 1 April 2026.

Ms. Sabyrova will lead ADB’s operations in Armenia, oversee the implementation of the bank’s operational approach, strengthen client relationships, and manage a cross-functional resident mission. She will also play a key role in advancing ADB’s strategic priorities in the country, including infrastructure development, private sector-led growth, human development, and climate and disaster resilience.

“I am honored to take on this role and further strengthen ADB’s partnership with Armenia,” said Ms. Sabyrova. “Building on our strong foundation, we will continue working closely with the government and partners to support sustainable, inclusive, and resilient development.”

Ms. Sabyrova brings more than 30 years of professional experience, including over two decades with ADB. She joined ADB in 2000 as an economist in the former Water Supply, Urban Development and Housing Division, and has since held progressively senior roles across operations departments. She served as senior country economist in the Kyrgyz Republic Resident Mission and later as principal regional economist for Central and West Asia.

Most recently, Ms. Sabyrova served as Director and then Regional Head of the Regional Cooperation and Integration Division of ADB’s Central and West Asia operations, where she led major accomplishments, including the implementation of country partnership strategies and the strengthening of regional cooperation.

Prior to joining ADB, Ms. Sabyrova was an associate instructor in the Department of Economics at Indiana University in the United States, where she earned both her master’s and doctorate degrees in economics. 

ADB is a leading multilateral development bank supporting sustainable, inclusive, and resilient growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet. Founded in 1966, ADB is owned by 69 members—50 from the region.

spot_img

POPULAR

EBRD invested €3 billion in Armenia through 245 projects – Falcetti

The European Bank for Reconstruction and Development (EBRD) is one of the leading institutional investors in Armenia, and to date has invested over €3 billion in Armenia through 245 projects, 85% of which are in the private sector.

Ranking of the most profitable credit institutions in Armenia for the first quarter of 2026

YEREVAN, May 13. /ARKA/. ARKA news agency publishes a...

Armenia Central Bank Governor: Open Banking Will Strengthen Clients’ Position with Financial Institutions

The implementation of the Open Banking model in Armenia is aimed at expanding consumer options in their dealings with financial institutions, Martin Galstyan, Chairman of the Central Bank of Armenia, told reporters on the sidelines of the "SME Sector: Impact and Development Challenges" conference.

Unibank provided cashback to more than 2 000 reliable SME borrowers

In the first quarter of 2026, Unibank’s SME loan portfolio increased by 28% compared to the same period last year.

Acba Bank and EFES launch a unique service in Armenia (VIDEO)

Acba Bank and EFES Insurance Company have introduced a unique service in Armenia – account insurance, which compensates for the loss of funds from clients' cards or accounts due to cyber fraud, the bank's press service reported.

LATEST NEWS

spot_imgspot_imgspot_img