Opposition activist and public figure Avetik Chalabyan's brother, Ara Chalabyan, has stepped down from his position as head of the Armenian Central Bank’s Corporate Services and Development Directorate.

He announced his resignation on Facebook on Thursday without giving any reasons for it.

“Starting today I am no longer working at the Central Bank of Armenia, where I have been for quite a time, received and gave back a lot. I celebrate the freedom in my life and will conquer the world as one of my good colleagues likes to say,” he wrote.

Avetik Chalabyan was released from custody late on Wednesday more than two months after being arrested on charges rejected by him as politically motivated.