A LEADING 
INVESTMENT COMPANY 
IN ARMENIA

Year of Birth
1983

Summary

- Dynamic contemporary leader able to bring about innovation and change.
- Seasoned investment professional with nearly twenty years of executive level management experience.
- Combines versatile industry knowledge with strong strategy capabilities.
- Corporate executive governed by high ethical standards and strong sense of social responsibility.
- Performance-oriented professional with a significant record of delivering tangible results.
- Has inspiration and ability to make positive changes in the system and infrastructure.
- Likes to lead teams to shared successes.
- Excellent communicator, always available and willing to exchange ideas.
- Deeply committed patriot working to contribute to the country’s economic growth.
- Holds PhD in Economics.
- Speaks Armenian, English, Russian.

Career

- Chief Executive Officer of ROQ Capital since July 2004
- Partner for Capital Markets, Transactions & Strategy in MB Consulting firm since March 2021
- Supervisory Board member of Inecobank cjsc since September 2020
- Founding shareholder and Board member of Glocal Asset Management since 2017
- Board member of Ani Holding since 2015
- Between December 1999 and July 2004 worked at Armbrok (then Armenbrok) in various roles (including Assistant CEO, Head of Internal Supervision, Head of Internal Audit)
- In 2007–2008 was a Member of the Supervisory Boards of the Armenian Stock Exchange and the Central Depository of Armenia
- In 2010–2014 delivered lectures at the Russian-Armenian (Slavonic) State University

Year of Birth
1983

Education

- 2000–2005 — Academy of National Economy under the Government of the Russian Federation, Moscow, Russia
 

Professional Interests

- asset management,
- securities and forex trading, 
- investments/alternative investments,
- strategy,
- business development, 
- business valuation, 
- hedging.

Career­

- May 2022–present — Partner, Chief Global Markets Officer at ROQ Capital
- Sep 2019–Apr 2022 — Head of Trading at Alfa Capital, Moscow, Russia
- Aug 2011–May 2019 — MD, Global Head of Repo & SLBMD at BCS, Moscow, Russia
- Mar 2010–Aug 2011 — MD, Head of Repo at Bank of Moscow, Moscow, Russia
- Jul 2007–Mar 2010 — Repo trader at Troika Dialog, Moscow, Russia

Year of Birth
1982

Education
- 1999–2004 — Department of Financial Accounting, Yerevan State Economic
Institute

Additional qualifications

- Holds PhD degree in economics.
- Holds CBA qualification to act as the head of internal audit department of investment company and foreign investment company branch.
- Holds CBA qualification to act as the head or member of the Supervisory Service or other such body.
- Participated in several conferences and professional training courses on International Financial Reporting Standards (IFRS) and internal audit, both in Armenia and abroad.

Career
- 2010–2012, 2016 up to date — CEO, Business Kartughar Ltd.
- 2008 up to date — Head of Internal Audit department, Armbrok OJSC
- 2013 — Assistant at the Chair of Banking and Insurance, ASUE
- 2004–2008 — Head of Internal Regulations Department, Armenbrok OJSC
- 2006–2007 — Vice President of the Regulatory Commission, Armenian Stock Exchange
- 2003–2004 — Head of Internal Audit Department, IT BrokDilTrust Ltd.
- 2002–2003 — CEO, IT BrokDilTrust Ltd.

Year of Birth
1983
 

Education
- 2001–2006 — Environmental Economics of the General Economic Faculty,
- Yerevan State Economic Institute
 

Additional qualifications
- Holds CBA qualifications of a leader and a member of the executive body in investment companies and a branch of a foreign investment company, as well as a deputy executive director.
- Holds certificates from Harvard Business School Online certificate programs on "Organizational Leadership" and "Negotiation Mastery".
- Participated in several professional training programs in Armenia and abroad held by various organizations including New York Institute of Finance and Austrian Institute of Economic Research.

Services
- Receives and communicates assignments regarding securities transactions from clients
- Executes securities transactions on own behalf or on behalf of the client and at the expense of the client
- Executes transactions with securities at own expense and own behalf
- Provides services related to the organization of issuance and placement of securities
- Manages depositing of securities

Career
- 2015 up to date — Deputy CEO, ROQ Capital OJSC
- 2010–2015 — Head of Trading Department, Armenbrok OJSC
- 2007–2010 — Economist-Analyst/Broker-Cashier, Armenbrok OJSC
- 2006–2007 — Economist-Analyst, Armenbrok OJSC

Year of Birth
1983

Education
- 1999-2004 Armenian State University of Economics majoring in Capital Market
- 2004-2007 Russian-Armenian University (Postgraduate Studies, PhD)
- 2008 Swiss Finance Academy (Training in Investment Banking & Corporate Finance)

Additional Qualifications
- Holds PhD in Economics
- 2011 Level III CFA Candidate

Career
- May 2022–present — Chief Financial Officer at ROQ Capital
- 2016–2022 — Chief Financial Officer, MMG Gold Limited
- 2011–2015 — Head of Representative Office in Armenia, SEAF Caucasus Growth Fund
- 2007–2011 — Head of Research, Armenbrok ojsc
- 2006–2007 — Financial Research Specialist, FSDP Program

Year of Birth
1987

Education
- 2018–2020 — Yerevan State University, majoring in Accounting and Audit (Master's degree)
- 2004–2008 — Yerevan Pedagogical University (Bachelor's degree)

Additional Qualifications
- Qualification of expert accountant and auditor from the Chamber of Auditors and Expert Accountants of Armenia
- Student member of the Association of Chartered Certified Accountants (ACCA)
- Participate in numerous trainings on various accounting and audit related topics.

Professional Memberships
- Member of Chamber of Auditors and Expert Accountants of Armenia
Public Activities
- Member of the Control and Audit Commission of the Chamber of Auditors and Expert Accountants of Armenia

Career

— Chief Accountant, "Armbrok" ojsc (September 2023 to present)
—Head of Financial Accounting and Reporting Department, "ACBA Bank" ojsc and Chief Accountant, "ACBA Federation" cjsc (2022-2023)
— Head of Financial Department / Chief Accountant, "SOS Children's Villages" Armenian Charity Foundation (2020-2022)
— Auditor, "Credit Corp" Universal Credit Organization (2020-2022)
— Lecturer, Chamber of Auditors and Expert Accountants of Armenia (2015-2022)
— Senior Auditor, then Head of Audit of the Financial Insitutions Audit Department, "Grant Thornton" cjsc (2014-2020)
— Senior Auditor and Accounting Services Manager for Armenian financial and non-financial institutions, "AN Audit" cjsc (2011-2014)
— Chief Accountant at various Armenian companies (2008-2014).

Year of Birth
1975

Education

- Moscow Technical University of Communications and Informatics

Career

- Mar 2023–present — Chief Technology Officer at ROQ Capital, Yerevan, Armenia
- 2022–2023 — Project Manager, Terralink, Moscow, Russia
- 2021–2022 — Software Developer, Voentorg OJSC
- 2019–2021 — IT Manager, Mosstroytrans Corporation, Moscow, Russia
- 2017–2019 — Director, Troika Driver, Moscow, Russia
- 2014–2017 — Sector Head, Sber, Moscow, Russia
- 1996–2014 — Deputy Head of Depository, Troika Dialog Group, Moscow, Russia

Year of Birth
1986

Education
- 2004-2010 — International Relations, YSU

Additional qualifications

- Holds qualification of the Union of Banks of Armenia to act as Investment
- Services Providing Individual-Custodian.
- Holds certificates to provide a full range of services of an account operator and the Unified Securities Settlement System (DEPEND) and a member of the Regulated Market Accounting System provided by the Central Depository of Armenia OJSC.
 

Services
- Custody
- Registry keeping

Career

- 2013 to present — Head of Depositary Services Department, ROQ Capital
- 2011–2013 — Custodian, Armenbrok OJSC

Year of Birth
1982

Education
- 1999-2004 — Financial Accounting, Yerevan State Economic Institute

Additional qualifications
- Holds a PhD degree in Economics.

- Holds qualification from Union of Banks of Armenia to act as a dealer in or on behalf of an investment service provider.
 

Services

- Executes transactions with securities at own expense and on own behalf
- Provides services related to the organization of issuance and placement of securities

Career

- 2009 to present — Chief Dealer, ROQ Capital OJSC
- 2019 up to date — member of Professional Council 014 in Economics, ASUE
- 2019 up to date — Scientific Council member, ASUE
- 2018 up o date — Professor, ASUE
- 2007 up to date — Assistant lecturer at the Securities Market department,
ASUE
- 2009 — Financial Adviser, Armenbrok OJSC
- 2008 — Head of the Operations Department, Private Invest CJSC
- 2007–2008 — Operations Department Senior Specialist, Private Invest CJSC
- 2007 — Head of Securities Department, Private Invest CJSC
- 2007 — Member of Disciplinary Committee, AMX
- 2006–2007 — Head of Internal Audit Department, Private Invest CJSC
- 2005–2006 — Securities Dealer, ArmEconomBank OJSC

Year of Birth
1983

Qualifications summary
- Moscow State Institute of Radio Engineering, Electronics and Automation (Technical University)

Career
- Oct 2022–present — Trading Department Manager, Armbrok Investment Company, Yerevan, Armenia
- May 2021–Oct 2022 — Equity Sales Trader, Sinara Investment Bank, Moscow, Russia
- Feb 2017–May 2021 — Equity Sales Trader, Bank Otkritie Financial Corporation, Moscow, Russia
- Jan 2008–Jan 2016) — Equity Sales, Rye, Man and Gor Securities (RMG), Moscow, Russian Federation
- May 2007–Dec 2007 — Equity Sales Trader, Ak Bars Holding, Moscow, Russia
- Nov 2006–Apr 2007 — Wealth Management Advisor, Renaissance Capital, Moscow, Russia
- Oct 2005–Nov 2006 — Citigold Executive, Citi, Moscow, Russia

Year of Birth
1984

Qualifications summary
- 2000–2004 State University — Higher School of Economics, Moscow, Russia, Bachelor's degree

Career
- Sep 2022–present — Global Financial Markets Senior Analyst, ROQ Capital, Yerevan, Armenia
- Jul 2017–Aug 2022 — Head of Fixed Income Credit Analysis / Data analytics, Asset management department, Alfa Capital, Moscow, Russia
- Oct 2013–Jan 2017 — Deputy director - Mergers and acquisitions, Otkritie, Moscow, Russia
- Jun 2008–Oct 2013 — Vice President, Corporate Finance, National Bank Trust
- 2007–2008 — Senior Consultant, Ernst & Young
- 2005–2007 — Audit consultant, PwC

Year of Birth
1974

Career
- Apr 2025 — Chief Development Officer, ROQ Capital

Year of Birth
1998

Year of Birth
1998