Vahan Avetisyan
Financial Supervision and Licensing
Vahan Avetisyan began his appointment as Director of the Financial Supervision and Licensing Directorate on March 2022.
Mr. Avetisyan initially joined the Central Bank of Armenia in 2020 and served as a Head of the Financial Supervision Department until March 2022.
In his current role, Mr. Avetisyan is responsible for the management and strategic leadership of the Financial Supervision and Licensing Directorate. The Directorate’s mandate includes granting access to the financial market through licensing, conducting ongoing prudential supervision and ensuring the orderly exit of financial institutions through liquidation or resolution regulated entities. Additionally, the Directorate is responsible for supervising market and business conduct and ensuring fair competition within the financial sector.
Prior to joining the Central Bank, Mr. Avetisyan held several senior executive positions, including Chief Executive Officer of the Armenian Motor Insurers’ Bureau; Deputy Chairman of the Management Board—Chief Operating Officer at Ardshinbank CJSC; and Chief Executive Officer of both “Rasco” Insurance LLC and “State Insurance CJSC (Armenia)”.
In addition to his professional career, Mr. Avetisyan has been actively involved in academia. He has served as a lecturer at the Armenian State University of Economics and as a research fellow at the National Academy of Sciences of the Republic of Armenia. His academic engagement complements his extensive experience in the financial sector, enabling him to share practical insights and applied knowledge with students. He currently holds the title of Associate Professor at the Armenian State University of Economics.
Alongside his extensive professional background, Mr. Avetisyan has been actively involved in the international financial community through his participation in a wide range of seminars and conferences.
Mr. Avetisyan is originally from Kapan, in the Syunik Province of Armenia.
He earned his degree in General Economics from the Armenian State University of Economics in 1999. He went on to complete his postgraduate studies at the National Academy of Sciences of the Republic of Armenia, where he was awarded a PhD in Economics in 2002.
Speeches
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Publications
He has contributed to various academic publications over the course of his scientific and research career.