YEREVAN, June 2, /ARKA/. The Armenia-based Unibank has announced today the appointment of David Papazian as Independent Member of its Board of Directors. It said Mr. Papazian brings with him over 11 years of experience in capital management and investment banking, accumulated between work in Moscow and London, with his educational background in foreign relations and finance.

Unibank said David Papazian is an independent capital manager who worked in the past as an investment banker with Merrill Lynch and UBS Investment Bank. He holds a diploma with distinction from Sciences-Po (Institut d'études politiques de Paris) in International Relations and an MBA with distinction from ESSEC Business School Paris.

The current Members of the Board of Unibank are Gagik Zakaryan /Board Chairman/, George Piskov, Eduard Zamanyan, Hrahat Arzumanyan and David Papazian /Board Members/.

Unibank was founded in October 2001. In 2002, the bank introduced the Unistream system. The main shareholder of the bank is Ripatonso Holding Limited. In 2015, the bank was reorganized into an open joint-stock company.