Board of trustees

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Management of the Fund involves: a) The Board of Trustees of the Fund,  b) The Director of the Fund. The Board of Trustees consists of seven members.
 

The members of the board of trustees are appointed as follows:

  •  Two members are appointed by Government of Armenia 
  •  Two members are appointed by the Central Bank 
  •  Two members are appointed by Union of banks of Armenia 
  •  One member is elected by the appointed members of the board of Trustees.

 

The governing bodies of the Deposit Guarantee Fund are:
1. The Board of Trustees of the Fund which consists of seven members 
2. The Director

 

The members of the Board of Trustees are appointed as follows:

Two members are appointed by the Government of the Republic of Armenia,

Two members are appointed by the Board of the Central Bank,

Two members are appointed by the Union of Banks of Armenia,

One member of the Board of Trustees is elected by the appointed members of the Board.

 

Current Composition of the Board of Trustees:

Chairman or the Board             Martin Galstyan                   Governor of the Central Bank of Armenia

Member of the Board               Narek Ghazaryan                 Member of the Board of the Central Bank of Armenia 

Member of the Board               Babken Tunyan                    Deputy Member of the National Assembly, Chair of Standing Committee on Economic Affairs

Member of the Board               Avag Avanesyan                   Deputy Minister of Finance of the RA

Member of the Board               Daniel Azatyan                     Chairman at Union of Banks of Armenia

Member of the Board               Hayk Stepanyan                    Chief Executive Officer at «Byblos Bank Armenia»CJSC