Management

Manvel E. Sahakyan
Chairman of the Board

Biographical information

Date of Birth: 24.04.1970
EDUCATION
Doctor of Economics
Institute of Economics, National Academy of Sciences of the Republic of Armenia
2002 – 2009
Economist-Organizer (Economics and Management)
Armenian Agricultural Academy
1988 – 1996
PROFESSIONAL EXPERIENCE
Chairman of the Board and Significant Participant of “SPECIAL FINANCE” UCO LLC

January 2025 – present

ARMBUSINESSBANK CJSC
Deputy Chairman of the Executive Board – Director of Financial Department
ARDSHININVESTBANK CJSC
Chief Accountant – Head of Accounting Department
Member of the Management Board
Compatibility
ARDSHININVESTBANK CJSC
Chief Accountant
Member of the Management Board
Various Board Memberships

Held Board membership positions at several companies, including ARAKS OJSC, KARHAT MACHINE CJSC, RASCO REALTY CJSC, ALMAST OJSC, RASCO INSURANCE LLC, APARANI ARAGATS CJSC, DESIGN CJSC, and ORBITA CJSC.

2006 – June 2013

2005 – June 2013
International Business Center CJSC
Member of the Management Board, Deputy General Director (Financial Accounting and Supervision)
March 2001 – May 2003
ARDSHINBANK OJSC
Head of Financial Reporting Unit, Accounting Department
March 2003 – May 2003
ARDSHININVESTBANK CJSC
Chief Accountant
October 1998 – March 2001
ARDSHINBANK OJSC
Head of Reporting Unit, Accounting Department
September 1997 – October 1998
ARDSHINBANK OJSC
Senior Auditor, Audit Department
August 1997 – September 1997
ARDSHINBANK OJSC
Auditor, Audit Department
September 1996 – August 1997
Yerevan Compound Feed Factory
Buyer-Supplier
September 1991 – February 1996
APARAN Region
Economist, Rural Council
October 1989 – July 1991
Aparan, Vardenut Economy
Personnel Department, Curator
July 1987 – May 1988
Yerevan Wine Factory
Container Production Unit Worker
PROFESSIONAL QUALIFICATIONS
May 2014
Certificate of Qualification issued by the Central Bank of Armenia for executive positions including:
Chief Executive Officer / Chairman of the Management Board, Deputy Chairman of the Management Board, Member of the Management Board, and Foreign Bank Branch Manager
February 2015
Certificate of Qualification issued by the Central Bank of Armenia for the roles of Chief Accountant and Deputy Chief Accountant of a Bank or Foreign Bank Branch.
TRAINING COURSES
May – June 2004
Theory of Tax Legislation and Tax Policy Issues
Central Bank of Armenia Training Center
March 2004
Banking Industry (OUDA, Arab Republic)
July 1999
Report Processing, Analysis, and Management
Central Bank of Armenia Training Center
February – April 1999
Accounting Principles (ACCA Level 1)
Joint program by Central Bank of Armenia Training Center and Sibley International
November – December 1998
Excel 97 and Excel 97-II Courses
Central Bank of Armenia Banking Training Center
ADDITIONAL INFORMATION
February 25, 2012
Certificate of Recognition awarded by the Central Bank of Armenia and the Union of Banks of Armenia for outstanding contributions to the regulation of the banking system.
2011
Awarded the title “Best Chief Accountant of the Republic of Armenia” by GORTSQ LLC, along with a Nominal Gold Medal.
2010 – 2011
Served as Chairman of the State Examination Commission at the Armenian State University of Economics, overseeing examinations in Accounting, Audit, and Statistics.
2010
Received a Memorial Gold Medal featuring the bank headquarters, awarded by the Chairman of the Board and Chairman of the Management Board of ARDSHININVESTBANK CJSC in recognition of exceptional service.
Marital Status: Married, two children




(Հայերեն) Թարմացված է` 19.08.25 16:45