PanArmenian.Net
15 Sep 2020, 23:37 GMT+10
PanARMENIAN.Net - Inecobank CJSC announced on Tuesday, September 15 the appointment of Aram Kayfajyan as an Independent Member of the Supervisory Board.
Kayfajyan has been the Chief Executive Officer of Armenbrok OJSC since July 2004. Under his leadership, the company's shareholders' equity has increased 40 times, while assets have grown 20-fold. Since 2010, he has been been teaching at the Russian-Armenian (Slavonic) State University. Kayfajyan has also been serving as a Board member of Ani Holding international manufacturing and hotel management group since 2015. He became a founding shareholder and a Board member of Glocal Asset Management in 2017, a position he has held ever since.
Avetis Baloyan, Chairman of Inecobank Supervisory Board said in his speech: "We are delighted to welcome Aram Kayfajyan to Inecobank. He brings a wealth of experience in capital markets and a deep knowledge of the financial sector of Armenia and the banking system․ His presence in the Supervisory Board will contribute to the sustainable development of Inecobank".
Kayfajyan said: "Inecobank's development over the past years has been very impressive. Today, with the diverse challenges facing the Armenian banking institutions, it is clear that the bank's senior management team is determined to continue taking all the steps necessary and further bolster Inecobank's leading position in the market. I am honored and excited to have this opportunity to serve as a member of the Supervisory Board and join efforts with what I consider one of the most professional teams in the industry. I will be happy to contribute all my skills and expertise for the benefit of the bank's future"․
Kayfajyan will become the 3rd independent member in a seven-strong supervisory board of Inecobank, with the other 4 seats occupied by the founders and investors of the bank.
Get a daily dose of London Mercury news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to London Mercury.
More InformationFormer Commerce City teacher charged with sexual assault on a minor
Collapsed wall at former Bar Bar closes Champa Street in downtown Denver
30-person brawl erupts early Sunday morning just east of Stampede grounds
Colorado DOC officer arrested in Fremont County for domestic violence
Barry Morphew in Alamos County jail on murder charge
Where to find free naloxone vending machines in Denver
NEW YORK, New York - Global stock indices closed with divergent performances on Tuesday, as investors weighed corporate earnings, central...
TORONTO, Canada: Canadian Prime Minister Mark Carney announced late on June 29 that trade negotiations with the U.S. have recommenced...
Vancouver, Canada: A high-stakes legal showdown is brewing in the world of athleisure. Lululemon, the Canadian brand known for its...
LONDON, U.K.: British oil giant Shell has denied reports that it is in talks to acquire rival oil company BP. The Wall Street Journal...
NEW YORK, New York - U.S. stock markets closed firmly in positive territory to start the week Monday, with the S&P 500 and Dow Jones...
WASHINGTON, D.C.: On Friday, President Donald Trump announced that he was halting trade discussions with Canada due to its decision...