Central Bank of Armenia
Armenuhi Mkrtchyan began their work experience in 1998 at the Central Bank of Armenia, where they held various roles including Director of Consumer Protection and Financial Education Center, Head of Consumer Protection Division, and Head of Insurance and Securities Regulation Division. Armenuhi also worked as a Senior Researcher and Specialist at the banking methodology and analysis department. In 2014, they became the Chair of the Consumer Empowerment and Market Conduct Working Group at the Alliance for Financial Inclusion. Mkrtchyan has also worked as a consultant for organizations such as The World Bank and MEFMI. Armenuhi served as a Board Member for the Financial System Mediator and worked as a Professor Adjunct at the American University of Armenia. Additionally, they were a Visiting Lecturer at the Financial-Banking College.
Armenuhi Mkrtchyan's education history is as follows:
From 1994 to 1999, they attended the Armenian University of Economics and obtained a Diploma in Global Economics.
In 2003 and 2004, they attended The Fletcher School at Tufts University, where they studied International Business, Financial Analysis, International Law, and Diplomacy. The degree obtained during this time is not mentioned.
In 2007, they participated in the John Smith Fellowship, focusing on Democracy and Good Governance.
In 2010 and 2011, they studied at the University of St Andrews, earning an MLitt in International Business. Armenuhi'scoursework during this time included Global Strategy, Scenario Planning, and Talent Retention.
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Central Bank of Armenia
The Central Bank of Armenia (the CBA) is a legal entity empowered with state functions. Primary goal of the CBA is price stability in the Republic of Armenia. The CBA coordinates the primary goal with the Government of Armenia, as stipulated by the Armenian Law on State Budget, and approved by the National Assembly of Armenia. The CBA itself decides on the strategy of monetary policy it implements and target (intermediate and operational) indicators that are contained in the monetary policy program and subject to presentation to the National Assembly. The program outlines the main directions of the monetary policy and the monetary instruments which the CBA uses in order to fulfill its objectives. Coordination of monetary and fiscal policies is priority in developing and implementing the monetary policy. The coordination involves both opting for basic macroeconomic indicators and issues relating to short-term adjustment of liquidity by the CBA, disbursement of external financial inflows and issuance and allocation of T-bills by the Government. The CBA makes sure its activities are maximally transparent and open to public, which serve the best warrant for the general public's confidence in the monetary policy implemented by the CBA.