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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:

 

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.

Armenak Darbinyan
President of Council

2019 - Chairman of the Audit Committee of the Central Bank of Armenia

2019 - Chairman of the Board of Trustees of the Financial System Mediator

2019 - Member of the Board of the National Agency for Agricultural Insurers

2019 - Member of the Board of the National Center For Professional Education Quality Assurance Foundation

2018 - Member of the Board of the "National Mortgage Company" CJSC

2018 - Member of the Professional Council of Yerevan State University, Faculty of Economics

2017 - Member of the Board of the Pension Guarantee Fund Management Foundation

2014 - “Formation and Realization of Monetary Policy in Europe” training in Frankfurt

2013 - Member of the Board of Trustees of the Rural Economic Development Fund of Armenia

2012 - Chairman of the RA National Commission on Financial Education Strategy

2012 - Member of the Scientific Council of the Faculty of Economics of Yerevan State University

2011 - Representative of the Central Bank of Armenia in the International Network for Financial Education of the Economic Development and Cooperation Organization

2010 - Present - Board member, RA Central bank
2007 - 2010 - Director at The Institute of Economics and Management

2005 - 2011 - Project Coordinator in UNDP

2004, 2005, 2006 - Courses on Problems of International Trade in Goods and Services in Vienna and Geneva, organized by WTO

2004 - Received the degree of Professor of Economics

2003 - 2008 - Public Administration Advisor in Department for International Development /DFID/

2001 - Received the degree of Doctor of Economics

2000 - 2007 -  Director at the Institute of Economic Research of RA Ministry of Finance and Economics

1999 - Advisor at UNDP

1999 - A four-month research program devoted to the problems of Armenia's integration into the world economy, George Mason University (Washington, USA)

1998 - 2001 - Economic Research Institute of the RA Ministry of Finance and Economy, Doctoral degree, Doctor of Economics, Professor

1998 - 2000 -  Senior researcher/ Thematic Team Leader/ Ph.D. at the Institute of Economic Research of RA Ministry of Finance and Economics

1997 - 2006 -  Lecturer at Public Administration Academy

1997 - 1998 -  CEO at Armenian Business Corporation (ABC)

1995 - One-month courses by International Monetary Fund in Washington

1992 - 1997 - Deputy Minister at the RA Ministry of Economics

1991 - 1992 - First Deputy Minister at RA Ministry of Foreign Economic Relations

1991 - Head of Financial-Credit Policy Department RA Ministry of Foreign Economic Relations

1990 - Received the degree of Candidate of Economics

1984 - 1989 - Lecturer at Yerevan State University and Yerevan State Engineering University

1982 - 1991 - Economist, Senior Economist and Researcher at the Institute of Economics, RA National Academy of Sciences

1982 - 1989 - Institute of Economics, RA National Academy of Sciences, Ph.D. Candidate in Economics

1980 - 1982 - Military service

1976 - 1980 - Yerevan Institute of National Economy, Faculty of Planning and Economics






Armenuhi Mkrtchyan
Member of the Board

2010 - 2011 - St. Andrews University in the UK, “International Business Strategy”, Master’s degree

2008 Present Head of Consumer Interest Protection and Financial Education Center, the Central Bank of Armenia

2008 - Present - Member of the Board of Trustees of the Office of Financial System Mediator, appointed by the Central Bank of Armenia

2004 - US Tufts University’s Fletcher School of Law and Diplomacy
1998 - 2008 - Various positions in the banking, credit, insurance and securities fields, the Central Bank of Armenia

1994 - 1999 - Yerevan Institute of National Economy, Faculty of World Economy

Emil Soghomonyan
Member of the Board

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

1973 - Graduated from Yerevan State University, an economist by specialty

 

Paylak Ghukasyan
Member of the Board

2009 - Present - Armenia Representative of ABB Corporation

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

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

1999 - 2003 - Distance Learning Department of the British Insurance Licensed Foundation, specializing in 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

 

 

 

Naira Tshngryan
Member of the Board

2019 October - Present - Member of the Board of Trustees of the Office of the Financial System Mediator

2018 June – Present - Deputy Head of the Legal Department of the RA Prime Minister's Staff

2006 - 2007 - Yerevan School of Political Studies (Diploma)

2000 - 2019 – Training courses, seminars in China, Italy, Croatia, Czech Republic, Bulgaria, France, Lithuania, etc.
1999 - 2018 – Different positions in the RA Presidential Administration in the State Legal and Legal Departments

1993 - 1998 - Yerevan State University - Degree of Law

Vaghinak Eghiazaryan
Member of the Board

2020 November 13 - Member of the Board of Trustees of the Office of the Financial System Mediator

2020 June 1 - Executive Director of the Bureau of Motor Insurers of Armenia

2009-2020 - Head of the First Division of Bank Supervision of the Financial Control Department of the Central Bank of the Republic of Armenia, then Head of the Risk-Functional Supervision Service

2006-2009 - Head of the Insurance Companies Supervision Division of the Financial Control Department of the Central Bank of the Republic of Armenia

2003-2006 - Deputy Executive Director, First Deputy Chairman of the Management Board of "UNIBANK" OJSC

2002-2003 - Head of the Third and then the Second Division of the Banking Supervision Department of the Central Bank of the Republic of Armenia

1999-2002 - Head of the Reporting and Documentary Supervision Division of the Banking Supervision Department of the Central Bank of the RA, then the Head of the Report Summary and Risk Control department

1995-1999 - Senior, then Leading Specialist of the Banking Supervision Department at the Central Bank of Armenia

1994-1995 - Chief Accountant, "Erebuni" PE

1992-1994 - was engaged in entrepreneurial activity

1993 - Yerevan State University of Economics, Faculty of Finance