He was born on January 29, 1960.
In 1978, he graduated from Yerevan Technical School No.14 and went to Yerevan Institute of National Economy.
In 1980, he transferred to Leningrad Institute of Economics and Finance named after N. A. Voznesenski, where in 1983 he graduated with an honours degree.
In 1987, he completed his postgraduate studies and defended his thesis on the topic "Planning Regional Socio-Economic Development with Armenia as a Case Study".
He has earned a Ph.D In Economics.From 1987 to 1990, he worked as senior researcher, head of the international economic relations group in the Scientific Research Institute of Economy and Planning.
From 1990 to 1995, he served as Deputy of the Supreme Council of the Republic of Armenia, Chairman of the Standing Committee on Financial, Credit and Budgetary Affairs of the Supreme Council of the Republic of Armenia, and Member of the Presidium of the Supreme Council.
From 1995 to 1998, he was the President of the Association of Banks of Armenia.From 1998 to 2008, he held the position of the Chairman of the Central Bank of the Republic of Armenia.
From 2008 to 2014, he was the Prime Minister of the Republic of Armenia.
From 2014 to 2016, he served as Ambassador Extraordinary and Plenipotentiary of the Republic of Armenia to the United States.
From 2016 to 2020 - Chairman of the Board of the Eurasian Economic Commission.
From February 2020 to March 2020 - Advisor to the Chairman of the Board of the Eurasian Development Bank.
On March 23, he was appointed to the position of Deputy Chairman of the EBR.
By the Presidential Decree of the Republic of Armenia, he was awarded the Medal for Service to the Fatherland, 1st class. He was awarded the Anania Shirakatsi Medal. He holds the title of honorary doctor of the Armenian State University of Economics.
The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.
The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, helps foster social entrepreneurship and charitable initiatives.
Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5,000 people working in Russia and abroad.
The Foundation works alongside various UN departments and other international organizations, and is building multi-format cooperation with 180 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 81 countries worldwide, and 186 Russian public organizations, federal and legislative agencies, and federal subjects.
The Roscongress Foundation has Telegram channels in Russian t.me/Roscongress, English – t.me/RoscongressDirect, Spanish – t.me/RoscongressEsp and Arabic t.me/RosCongressArabic. Official website and Information and Analytical System of the Roscongress Foundation:roscongress.org.