YEREVAN, December 1. /ARKA/. The ruling My Step parliamentary majority has nominated David Nahapetyan for the vacant position of a member of the Board of the Central Bank of Armenia.

Nahapetyan was born in 1977. He graduated with honors from the Faculty of Economics of Yerevan State University, after which he continued his studies at the Moscow State University, where he received his Ph.D. in Economics. Then he studied at the Fletcher School of Law and Diplomacy, Tufts University (USA).

Nahapetyan has held various positions in financial structures and since 2006 he has worked for the Central Bank of Armenia.

For his part, David Nahapetyan said his priority would be to diversify the financial system of the country with the focus on the development of the insurance and capital markets.

“We need to privatize state-owned enterprises, which along with large companies should also be listed on the exchange,” said Nahapetyan.

Nahapetyan is to replace Armenak Darbinyan, whose tenure will soon expire. –0--