YEREVAN, October 12. /ARKA/. Arthur Javadyan, chairman of the Central Bank of Armenia, is expected to submit his resignation soon, Zhoghovurd (People) reports.

Javadyan has been holding office since May 2008, and experts consider him as skilled specialists.

He succeeded Tigran Sargsyan in 2008, when the latter left the office for the prime-ministerial seat.

In 2014, Javadyan was re-elected as central bank chairman. His term in office expires in three years and six months.

Chairmen are elected by the regulator’s board for six years, and one person can’t be re-elected more than twice.

The newspaper asked comments from the central bank, but was told that this is no more than a rumor. --0---