Management & Staff
Arman VardanyanChief Executive Officer Born 08.12.1969
Arman Vardanyan has extensive asset management experience in Armenia and Western Europe. He is widely known for his deep insights and experiences in the private financial industry and with Central Bank of Armenia. As an Armenian native with international professional experiences, he enjoys over 25 years of working in the financial industry. Holds appropriate license issued by the CBA.
After having served as an analyst at Armenian Development Bank performing macroeconomic analysis, he assumed several different roles at Central Bank. At Central Bank he held the positions as Head of International Operations Department, Head of Financial Operations Department and Senior Advisor to the Chairman, amongst other positions.
He then moved into the private financial sector. As Deputy Executive Director of Armswissbank between November 2004 and May 2007, he was responsible for the management and supervision of financial operations. In June 2007, he became the Head of Microfinance and Member of the Board of Absolute Portfolio Management, an affiliated company of the C-QUADRAT Group.
Having been awarded with the only EMBA scholarship in his class of 2009, Mr. Vardanyan has completed the MBA program jointly offered by WU Vienna and the University of Minnesota. Prior to that he has received a PhD in Economics from Yerevan State Institute of Economy, attended postgraduate studies in economics and management at the National Academy of Sciences, and completed a Diploma in Economics and Finance from the Yerevan Institute of National Economy.
Isabella AdilkhanyanChief Financial and Operating Officer Born 09.05.1982
Isabella has more than 15 years of experience in the financial sector. Her core experience is in strategy formulation and implementation, as well as in corporate finance and risk management. Holds appropriate license issued by the CBA
Isabella has started her professional career in 2003 as a Specialist in the Internal Audit department of Ardshinbank.
From 2005 to 2010 she was working in the subsidiary companies of Cascade Capital Holding. First, she joined the Cascade Credit team holding in the position of Credit Analyst and after that she worked as the Treasurer of the company. Isabella served as a member of Credit Committee and Assets and Liabilities Committee of the holding. In 2008 Isabella joined Cascade Bank where she was responsible for product development.
From 2010 till November 2015 Isabella has been working in Ameriabank and where she was responsible for the management of operational risk of the Ameria group.
Isabella has joined C-QUADRAT Ampega Asset Management Armenia in November 2015.
In 2003 Isabella has earned a Bachelor’s degree in Economics and in 2005 a Master’s degree in Finance, both from Yerevan State University. Isabella is a CFA charterholder and a member of CFA institute.
Gagik GrigoryanHead of Internal Audit department Born 25.05.1987
Gagik worked as an auditor, consultant for more than 9 years, from which 6 years as an internal auditor, he also worked as an economist at banking department of Armenian Software LLC.
In 2010, Gagik joined audit department of Grant Thornton and since 2014 continued his career path at Grant Thornton Consulting CJSC, initially as a Senior Consultant and later as a Senior Manager.
Gagik joined C-Quadrat Ampega Asset Management Armenia in January 2015.
In 2008, Gagik received his Bachelor's degree in economics from Armenian State University of Economics and later in 2010 Master’s degree in finance from Armenian-Russian Slavonic University. In 2013, he defended his thesis on the theme Liquidity issues of commercial banks in the Republic of Armenia.
Gagik has a CIA qualification and is a member of the Institute of Internal Auditors, as well as certified member of the Association of Chartered Certified Accountants ACCA.
Since 2018, Gagik is a member of Project Management Institute and is a qualified Project Management Professional (PMP).
In February 2015, Gagik received certificate from the Central Bank of Armenia for the position of Head of Internal Audit of a Fund Manager and Foreign Fund Manager Branch (# NFK 053).
Arman KirakosyanFund manager Born 13.08.1985
Arman has more than 9 years of working experience in the financial sector: He has started his professional career in 2008 as a Specialist of Financial Markets Operation Department in the “Armenian Development Bank” OJSC and after that he worked as a Leading specialist at the same department till 2011.
From 2011 to 2017 he was working in the “VTB Bank (Armenia)” CJSC as a Chief specialist of Financial Markets Operation Division, Treasury.
Arman has joined C-QUADRAT Ampega Asset Management Armenia in November 2017.
In 2006 Arman received a Bachelor’s degree and in 2008 a Master’s degree in Management and Economics of Enterprises, both from State Engineering University of Armenia. In 2007 he received an award in the nomination of “The best Master’s degree candidate” by the President of the Republic of Armenia.
In 2009 Arman graduated from the School for Young Leaders.
Arman holds an ACI Dealing certificate by the Financial Markets Association and “Natural person executing fund management activity in the name of fund management company or serving in its staff” certificate issued by the Central Bank of Armenia.
Gayane OrdukhanyanFund Manager Born 14.07.1988
Gayane has began her professional career in Edward Jones Investment Company, US in 2008. She then worked in the Treasury of a commercial bank and in 2010 moved to the Central Bank of Armenia as a risk manager of the RA foreign reserves. She joined USAID’s FED program as a financial sector development analyst in 2014.
Gayane participated in a series of seminars at the World Bank on applied asset allocation for fixed income portfolios, external asset management and credit risk, took part in the 2nd Annual Pension Funds in CEE conference and the Equity Leaders Summit.
Gayane attained her Bachelor’s degree in Actuarial Mathematics and Master’s in Risk Management from Yerevan State University, where she is a guest lecturer for more than 7 years on the courses of Financial Analysis, Enterprise Risk Management and Financial Mathematics. As a nominee of the UGRAD program of the US Department of State, she also studied Economics in the US.
Gayane joined C-QUADRAT Ampega Asset Management Armenia from the first days of the company as a fund manager operating under the certificate of “Natural person executing fund management activity in the name of fund management company or serving in its staff” obtained from the Central Bank.
Davit TepelikyanFund Manager Born 14.04.1984
Davit worked in financial sector for about 8 years. He is mainly concentrated in investment management and trading.
Davit is CFA Charterholder with about 2 years of experience in Treasury (dealing) Department of a Byblos Bank Armenia participating in all activities of the department, 2 years of experience in Investment Banking Department of Ameriabank where he provided mergers and acquisition advisory services to the bank’s clients and 3 years of experience in external financial audit with Ernst & Young and KPMG Armenia.
Davit has bachelor’s degree in Microelectronics Engineering from State Engineering University of Armenia.
Davit is CFA Charterholder and a member of CFA Institute. He also has “Natural person executing fund management activity in the name of fund management company or serving in its staff” certificate issued by the Central Bank of Armenia.
Davit has joined C-QUADRAT Ampega Asset Management Armenia in December 2017.