YEREVAN, May 23 /ARKA/. Karen Yeghiazaryan was appointed as new chairman of Evocabank Board, the bank said today in a press release. It said before this appointment he served as deputy chairman of the Board.

Yeghiazaryan has nearly 20 years of experience in the banking sector. The former chairman of the Board Emil Soghomonyan will be incorporated in the Board of the Bank and will coordinate the strategic development tasks.

Evocabank provides fast, simple and innovative services, using the latest information technology solutions. It is the first and so far the only bank in Armenia, which operates in mobile-first format- that is when designing a new service, first of all, the convenience of using it through a mobile application is taken into account.

Evocabank CJSC was established in 1990 and functioned as Prometey Bank until 2017. The main shareholder of the bank is the Russia-based Prometey City LLC, which owns 94.76% of its shares (RF). –0—