At the last meeting of the Council of the Union of Banks of Armenia, Artak Ananyan, the Chairman of the Board of Ardshinbank CJSC, was elected as the new Chairman of the Board of the UBA.

Artak Ananyan took over as the Chairman of the UBA for a period of one year, in accordance with the Charter of the UBA. Artak Ananyan is a proficient banker with more than 20 years of professional experience in the financial system of Armenia.