Registering the Changes to the Structure of the Managers of “Converse Bank”, a Closed Joint-Stock Company

2025-04-16

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA

GOVERNOR DECISION

 April 16, 2025 No. 1/124 A

 Registering the Changes to the Structure of the Managers of “Converse Bank”, a Closed Joint-Stock Company

 In view of Article 18 (4) (“g1”) of the Republic of Armenia Law “On the Central Bank of the Republic of Armenia”, and Article 33 (2) of the Republic of Armenia Law “On Banks and Banking”, and Paragraph 201 (1) and Paragraph 226 of Regulation 1 “Procedures for Licensing, Registration; Granting Consent and Permission; Appraising the Professional Integrity and Qualification in the Field of Banking” as approved under the Republic of Armenia Central Bank Board Resolution No. 145-N, dated April 12, 2005;

Considering the conclusion issued by the Licensing and Supervision Committee of the Central Bank of the Republic of Armenia (Minutes No. 17, dated April 16, 2025), and

Having examined the letters of request, dated March 21, 2025 and April 11, 2025, along with the documentation and deliverables, which “Converse Bank”, a Closed Joint-Stock Company, presented to the Central Bank of the Republic of Armenia,   

 We decide: 

  1. Remove Rouben Safaryan from his registered role as Head of the Internal Monitoring Unit within “Converse Bank” Closed Joint-Stock Company.
  2. Register Zaruhi Avakimyan into the role as Head of the Internal Monitoring Unit within “Converse Bank” Closed Joint-Stock Company.
  3. This decision to enter into force on the day it is signed.

                                                   

Armen Nurbekyan                                                              Deputy Governor,

                                                                   Central Bank of the Republic of Armenia

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