ARMENIAN PARLIAMENT VOTES TO ELECT ARTHUR JAVADIAN CHAIRMAN OF CENTRAL BANK

ARMENPRESS
June 11, 2008

By a vote of 92 to 3 the Armenian parliament voted today to elect
Arthur Javadian chairman of Armenian Central Bank for a term of 6
years. Overall 98 lawmakers took part in the voting. Three ballots
were recognized invalid.

Arthur Javadian’s candidacy was submitted to the parliament’s approval
by the president, as set by the Constitution.

Arthur Javadian thanked the parliament promising to implement all
programs that won its approval.

Arthur Javadian is 44. He has been working in the banking system
since 1989. He was deputy chairman of the Central Bank since 2003.