Arman Vardanyan is a seasoned executive in asset management with 30 years of experience in emerging and frontier markets.

Presently, as the CEO at CQ-Ampega Asset Management, Arman Vardanyan focuses on facilitating the implementation of best international practices in asset management. He advocates for innovative and shared value approaches in transforming traditional capital markets.

Previously, Arman Vardanyan held various executive positions related to Financial Markets Operations at the Central Bank of Armenia. Later, he extended his domain of expertise in investment management into commercial banking. Having accumulated vast experience in asset management, he was invited to support microfinance and impact investing establishment by Impact Asset Management GmbH (CQ Investment Group company) in Vienna. Currently, he oversees the investments of the Vision Microfinance funds in more than 60 countries.

Arman Vardanyan holds an MBA from the Carlson School of Management, University of Minnesota, and WU Vienna University of Economics and Business. He holds a Ph.D. in Economics from Yerevan State Institute of Economy and has published numerous articles on transaction cost economics, new institutional economics, capital markets, and microfinance.

Isabella Adilkhanyan is an experienced executive with over 20 years of career in the financial industry.

As the Chief Financial and Operating Officer at CQ-Ampega Asset Management, she fosters the financial and organizational growth of the Company. She is committed to driving innovation in the local financial market and advocates the adoption of the best ethical standards by industry players. Believing in the power of knowledge and seeking a wider impact, Isabella Adilkhanyan lectures at the American University of Armenia.

Before joining CQ-Ampega Asset Management in 2015, she held various positions in local financial institutions.

Isabella Adilkhanyan holds a Bachelor's degree in Economics and a Master’s in Finance from Yerevan State University. She is a CFA Charterholder and a CFA Institute Member.

Gagik Grigoryan has more than 15 years of experience in the financial sector. Between 2008 and 2010, Gagik worked as an economist in Armenian Software. In 2010, he joined Grant Thornton's audit department and continued his career at Grant Thornton Consulting, initially as a senior consultant and later as a senior manager.

Gagik joined C-Quadrat Ampega Asset Management in 2015.

Gagik has CIA (Certified Internal Auditor) and CISA (Certified Information Systems Auditor) qualifications. He is a member of the Institute of Internal Auditors, as well as a certified member of the Association of Chartered Certified Accountants (ACCA). Additionally, he is a member of the Project Management Institute and a qualified Project Management Professional (PMP).

He earned his Bachelor’s degree in Economics from the Armenian State University of Economics and a Master's in Finance from the Armenian-Russian Slavonic University. Since 2023, Gagik has been a board member of the Institute of Internal Auditors of Armenia.  

Arman Kirakosyan has over 15 years of experience in the financial sector. He began his professional career in 2008 in the Financial Markets Operation Department of the Armenian Development Bank. From there, he worked in the Treasury at VTB Bank Armenia until 2017.

In 2017, Arman joined C-Quadrat Ampega Asset Management Armenia as a Fund Manager.

He holds a Bachelor’s degree in Economics and Management of Enterprises (in the Communication Field) and a Master’s degree in Engineering Management from the State Engineering University of Armenia.

He has an ACI Dealing certificate.

Petros Margaryan is an investment professional with experience in asset management, investment banking, and consulting in Armenia and Europe. Petros was a financial analyst at C-Quadrat Ampega Asset Management Armenia in 2018. Later, he worked as a fintech analyst at McKinsey & Company in Hungary and continued his professional career at Dimension Investments as a financial analyst, after which he was promoted to investment banking associate.

He is teaching finance at the American University of Armenia.

Petros graduated from the American University of Armenia in 2019 with a Bachelor’s degree in Business. He holds a Master of Science in Finance degree from Central European University.

He is a CFA Charterholder and a CFA Institute Member.

Ignat Frangyan has over 10 years of experience in the financial sector. 

Between 2012 and 2018, Ignat worked in Ameriabank's ALM department. In 2018, he joined VTB Bank Armenia and worked in the risk management department. Ignat joined C-Quadrat Ampega Asset Management in 2019 as a risk manager. 

He earned his bachelor’s degree in business management from the Armenian State University of Economics.  

Ignat is a CFA Charterholder and a CFA Institute Member.  

Artur Harutyunyan has over 25 years of experience in accounting, audit, and consulting in the private and public sectors.  He has long teaching experience in accounting and audit in several institutions in Armenia. From 1998 to 2003, Artur was actively engaged in the accounting and audit sector reforms in Armenia as the Head of the Accounting and Audit Methodology Department of the Ministry of Finance and Economy of Armenia. 

Since 2002, he has been a Board member of Accountants and Auditors of Armenia (AAAA) and the Chairman of the Education and Qualification Committee. In 2014, he was elected as the Vice-Chairman of AAAA. Being the Chairman of the Licensing Committee of the Ministry of Finance and Economy of Armenia, Artur was also involved in licensing audit organizations.

In 2011-2012, Artur authored the accounting plans and instructions for implementing IFRS for SMEs and other companies in Armenia.

Artur received a Master's degree in Finance, Accounting and Audit from the Armenian State University of Economics in 1995.