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Online Banking

Our management

  • Mher Ananyan

    Mher Ananyan

    CEO and Chairman of the Executive Board

    Born on November 10, 1968, Yerevan

    1985-1992: Graduate of National Agricultural Academy

    2005-2008: Graduate of Eurasia International University

    August 1991 – January 1992: Economist in the Finance Development Analysis Department of ArmPetarBank

    1992-1994: Economist in the Credit Division of Arabkir branch of Armeconombank

    1994-1995: Marketing Deputy Director in the Armenia branch of Asatryan & Dufour American Organization

    1995-1996: Senior economist in the Division of Organization of Pledging Activities and Sale in Armagrobank Lending Department

    1996-1997: Deputy Manager in Shahumyan branch of Armeconombank

    1997-1998: Head of Civil Department of Armeconombank

    1998-1999: Soviet branch manager of Armeconombank

    1999-2000: Head of Department of Lending from Internal Funds under the Department of Borrowing Transactions in ArmAgrobank

    April-August 2002: Deputy CEO in Unibank CJSC

    August 2002 – February 2003: Kentron branch manager in Unibank CJSC

    2003: Founder of AM&GA Group LLC.

    February-August 2005: Head of Tax Revenue Accounting and Charging Division of Arabkir Municipality

    2005-2006: Head of Budget Division of the Secretariat of the Council of Courts’ Chairmen of the Court of Cassation of the Republic of Armenia

    2006 – 2013: Head of Financial-Budgetary Department of the Judicial Department of the Republic of Armenia.

    2013-2015: Head of Staff of the Ministry of Sport and Youth Affairs of the Republic of Armenia

    2015-2017: Head of the Procurement Support Center SNCO of the RA Government Staff

    2017-2019: Member of the Board of Appeals of the Republic of Armenia

    July 19, 2019 – February 10, 2020: Member of the Board of Directors of ARARATBANK OJSC

    November 2019 - February 2020: Advisor to the Prosecutor General on combating economic crimes and corruption

    February 24, 2020: CEO and Chairman of the Executive Board of ARARATBANK OJSC

    Mher Ananyan is a Judicial Service First Class Adviser

    Marital status: married, four daughters

  • Karen Sargsyan

    Karen Sargsyan

    First Deputy CEO

    Born on April 06, 1968 in Yerevan, Armenia.

    1991: Graduate of Yerevan Institute of National Economy
    1991-1993: Tira Commercial Enterprise.
    1994-1998: Post-graduate of the Institute of National Economy, Finance and Loans Department.
    1994-2004: Ardshinbank OJSC, Head of the Division, Head of the Department thereafter.
    2004-2006: Deputy Minister of the RA Trade and Economic Development.
    February 2006 – December 2016: Chairman of the Executive Board of the Armenian Development Bank OJSC.
    24 February 2017: Deputy CEO of ARARATBANK OJSC.

    November 1, 2019 – February 23, 2020: Acting CEO of ARARATBANK OJSC

    February 24, 2020 to present: First Deputy CEO of ARARATBANK OJSC

    Marital status: married, two children․

  • Bagrat Tshzmachyan

    Bagrat Tshzmachyan

    Deputy CEO

    Born on October 07, 1966 in Yerevan, Armenia.
    1984-1991: Graduate of Yerevan Institute of National Economy, Finance and Loans Department. 
    1985-1987: Joined Soviet Army.
    1983-1986: Table tennis coach. 
    1987-1991: Sports coach.
    1991-1992: RA Ministry of Food Industry, Head of the Brokerage Services in Commercial Center. 
    1992-1994: Armenian State Commercial Bank, senior economist in FX Operations Department. 
    1994-1996: Armeconombank, Deputy Head of Foreign Currency and Securities Transactions Department, Head of International Operations Division. 
    1996-1997: Armeconombank, Head of Foreign Currency and Securities Transactions Department. 
    1997: Ardshinbank CJSC, Head of Division of Stock Exchange Transactions under Fund Department. 
    1998: Ardshinbank CJSC, Head of Foreign Currency and Securities Transactions Division. 
    1998-1999: Ardshinbank CJSC, Deputy Head of Department of Fund Operations 
    1999: Armagrobank OJSC Central Office, Coordinator of the operations executed on the financial market. 
    2000: Armagrobank OJSC, Head of the Department of Resource Management and Bank Operations. 
    2000-2001: Armagrobank OJSC, Director, Head of the Department of Bank Operations and Cash Flows Management 
    2001-2002: Armagrobank OJSC, CEO and Chairman of the Executive Board 
    2002-2010: Anelik Bank CJSC, Deputy CEO 
    2010-2013: Anelik Bank CJSC, First Deputy CEO 

    Marital status: married

  • Mher Grigoryan

    Mher Grigoryan

    Deputy CEO

    Born on 11 June 1981 in Stepanakert

    Education

    2002: Graduate of Artsakh State University, Bachelor’s in General Economics

    2006: Graduate of Artsakh State University, Master’s in Finance and Credit

    2021: Graduate of American University of Armenia, Master of Business Administration (MBA)

    MILITARY SERVICE

    2002-2004: The Defense Army of the Nagorno Karabakh Republic

    PROFESSIONAL EXPERIENCE

    1998-2002: Leading specialist, National Seismic Protection Service of Armenia 

    2004-2005: Stepanakert branch credit officer, Ardshinbank CJSC 

    2005-2006: Chief accountant, Justi Insurance Company CJSC

    2006-2007: Chief Executive Officer, Justi Insurance Company CJSC

    2007-2008: Askeran branch manager, Ardshinbank CJSC   

    2012 to present: Lecturer at the American University of Armenia, Continuing Education Program

    2008-2014: Stepanakert branch manager, ARARATBANK OJSC  

    2014-2018: Head of the Strategy and Methodology Department, ARARATBANK OJSC

    2018-2021: Head of the Risk Management Department, ARARATBANK OJSC

    January 2020 to present: Executive Board member of ARARATBANK OJSC

    03 December 2021: Deputy CEO, Executive Board member of ARARATBANK OJSC.

    MARITAL STATUS

    Married, two sons

  • Anahit Vardanyan

    Anahit Vardanyan

    Acting Chief Accountant

    Born on February 27, 1986, in Ashtarak, Armenia

    2007: Graduate of Armenian State University of Economics, Chair of Financial Accounting, Accounting and Audit Department 

    October 2008: Specialist in Reporting and Analysis Division, Accounting Department of AraratBank OJSC

    2010: Leading Specialist in Reporting and Analysis Division, Accounting Department of AraratBank OJSC

    2012-2014: Head of Regional and Structural Subdivisions Accounting Service Division, Accounting Department of AraratBank OJSC 

    2014 - May 2023: Head of Reporting and Analyses Division, Accounting Department of AraratBank OJSC

    May 2023: Acting Chief Accountant, AraratBank OJSC

    Member of Chamber of Auditors and Expert Accountants of the Republic of Armenia

     

  • Zaruhi Melkonyan

    Zaruhi Melkonyan

    Head of the International Transactions Department

    Born on November 13, 1968 in Yerevan, Armenia.
    2006 to present: Head of the International Operations Department, ARARATBANK OJSC.

    2004-2007: Chief Accountant at Alfa-Food Service LLC, Surb Nerses Mets Medical Centre, Yerevan-Broker LLC. 
    1998-2004: Chief specialist of foreign currency operations at Credit-Yerevan Bank OJSC.
    1992-1998: Chief specialist of the International Transactions Department at Ardshinbank OJSC.
    1998: Graduate of the Yerevan State Institute of Economics, Faculty of Finance and Credit.
    1992-1996: Postgraduate at the Institute of Informatics and Automation Problems adjacent to the National Academy of Sciences of the Republic of Armenia.
    1990: Graduate of the Yerevan State University, Faculty of Chemistry.
    Marital status: married, two children.

  • Karen Hakobyan

    Karen Hakobyan

    Head of the Legal Department

    Born on August 04, 1984 in Yerevan, Armenia. 
    2006: Graduate of the Law Faculty of the French University Foundation in Armenia. 
    March-June 2006, June 2008-December 2010: Legal Department of the Central Bank of Armenia.

    December 2010 – October 2011: Advisor to the CEO of AraratBank OJSC.
    October 2011 to present: Head of the Legal Department of ARARATBANK  OJSC.
    March 2015 to present: Executive Board member of ARARATBANK  OJSC. 
    Marital status: married.

Page updated 20.07.2023 | 16:41

In case of discrepancy between Armenian and English versions of the information, the priority is given to the Armenian version.