CEO of Business Armenia Armen Avak Avakian presented his resignation to the foundation’s board of trustees.

“Despite the changes, Business Armenia will continue to work and support you when exporting or investing in our country. Business Armenia now has a very strong base and an even stronger system. In my role of acting CEO, I will make sure that the investment projects and Business Armenia’s overall working processes are carried out properly and without any interruptions. After a CEO is appointed I will hand over all the know-how and vision to my predecessor,” he noted on his Facebook page.

Armen Avak Avakian emphasized that “the best part of his job was seeing the “spark” in investors’ eyes whenever they were solving a new problem, overcoming difficulties or making a decision for new investments”.