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IV Conference Capital Markets Armenia

March 13, 2026
Yerevan
Armenia Marriott Hotel Yerevan (1 Amiryan Street)

Speakers

Vasily Frolovichev
Head of Commercial, Central Asia and CIS, GTN Group Holding Limited
Mesrop Hakobyan
Chairman of the Board, Unibank (Armenia)
Chairman of the Board of Directors of CJSC "Unibank". Graduated from Yerevan State University of Architecture and Construction in 2003. Has been working at "Unibank"...
Chairman of the Board of Directors of CJSC "Unibank". Graduated from Yerevan State University of Architecture and Construction in 2003. Has been working at "Unibank" since 2004, progressing from a specialist to the Chairman of the Board of the bank. Has extensive experience in the banking sector.
Arman Aleksanian
CEO, ATAIX
Elizar Bubnov
Chief Investment Officer, Sirius Capital
Has over 10 years of experience in structured finance, derivatives, structured products and asset management, with a focus on emerging and frontier markets. He began...
Has over 10 years of experience in structured finance, derivatives, structured products and asset management, with a focus on emerging and frontier markets. He began his career in financial markets at KIT Finance, rising from an assistant to the head of the trust management and structured products department. Then he joined Sberbank, where he oversaw projects of the Wealth Management block in the field of structured solutions. As a VP at Renaissance Capital, he was responsible for structuring projects in global markets. As a director at Dimension Investments, he was involved in the development and implementation of investment products. Currently, he holds the position of Chief Investment Officer (CIO) at Sirius Capital, where he is responsible for strategic development and creation of investment products.
Felix Vartanov
Shareholder, CEO, BlackRiver Capital (Dubai)
Garegin Gevorgyan
Member of the Board, Financial Director, Ardshinbank (Industrial Construction Bank)
Roman Goryunov
Member of the Board of Directors, International Trading System Ltd
Mr. Goryuov, born in 1975 in St. Petersburg, graduated from St. Petersburg State Technical University with a degree in IT in business administration. While at...
Mr. Goryuov, born in 1975 in St. Petersburg, graduated from St. Petersburg State Technical University with a degree in IT in business administration. While at the University he joined St. Petersburg Stock Exchange and soon thereafter headed the Securities Trading Department there. In 2001, he started his job at RTS as Head of Derivatives Market and was actively participating in creation of the FORTS market at the Nonprofit partnership “Russian Trading System” Stock Exchange”. Mr.Goryunov was appointed Chief Executive Officer of the RTS Stock Exchange in 2007. After the merger of the two main exchanges in Russia - RTS and MICEX - in 2011, Roman Goryunov became First Deputy Chief Executive Officer and Senior Managing Director, covering the development of the futures, stock, foreign exchange markets at the newly set up exchange "MICEX-RTS". In July 2012 after the General meeting of members of the NP RTS Roman was appointed as President of the Association of participants of the Association of financial market participants «Nonprofit Partnership for the Development of Financial Market RTS» (NP RTS Association).
Hayk Yeganyan
CEO, AMX
Artyom Zakaryan
Founder and Investment Director, Limitless Asset Management CJSC
Bachelor's degree from the University of Wisconsin - Oshkosh in 1999. Member of CFA Russia since 2011. From 2002 to 2009, served as a banking...
Bachelor's degree from the University of Wisconsin - Oshkosh in 1999. Member of CFA Russia since 2011. From 2002 to 2009, served as a banking consultant for Sparkassenstiftung fur Internationale Kooperation in Armenia. From 2009 to 2015, was a member of the investment committee of FREDA (Fund for Rural Economic Development of Armenia). From 2015 to 2016, worked as the head of the investment department at Converse Bank in Yerevan. From 2017 to 2023, was the founder and manager of Limitless, a private investment fund. Since 2023, has been the founder and investment director of Limitless Asset Management CJSC. Published over 200 articles on the largest global investment analysis website, Seeking Alpha.
Karen Zakaryan
Executive Director, FINARM
Prior to founding and heading the Association of Financial Market Participants of Armenia "FINARM", in December 2018, he was Deputy General Director of the NASDAQ...
Prior to founding and heading the Association of Financial Market Participants of Armenia "FINARM", in December 2018, he was Deputy General Director of the NASDAQ OMX Armenia Group, Head of the Department of Exchange Services and responsible for the development of the business of the stock exchange and depository. He was a senior director in the NASDAQ Inc. group. At the beginning of his career, he worked for 3 years in the structure of securities market regulators. Education: University of Sheffield - Executive MBA (2018-2020) Yerevan State University - Postgraduate (2000-2003) Armenian State University of Economics (1995-2000)
Arman Zograbian
Co-Founder and CEO, Dzen.AI
Sargis Karapetyan
CEO, UATE
Sergey Lyalin
Founder, Cbonds
Sergey Lyalin started working in the securities market as bond analyst in IC Deviz in 1995. In 1997 he joined IC Energocapital (worked there as...
Sergey Lyalin started working in the securities market as bond analyst in IC Deviz in 1995. In 1997 he joined IC Energocapital (worked there as Client Relations Manager and then as Head of Marketing Research). In 2000, he organized the Internet portal Cbonds.Ru. He has been CEO of Cbonds.ru LLC since 2001. Under the leadership of Sergey Lyalin Cbonds News Agency has become the leading source of information on the Russian and CIS bond market. He started publishing Cbonds Review magazine in 2006 and was its Editor-in-Chief in 2006-2007. He is the author of Corporate Bonds: Global Experience and Russian Prospects (2001) and a number of articles on the securities market. Sergey Lyalin graduated from St. Petersburg University, Department of Economics (a diploma of economist - mathematician). Holds a PhD in Economics. Finished Executive MBA at Graduate School of Management (GSOM) at Saint-Petersburg State University in 2018.
Ruben Melkonyan
Chief financial officer, member of the executive board, AMIO BANK
Ararat Mkrtchian
CEO, Sirius Capital
Aleksandr Myulberger
Managing Director, ROEMER CAPITAL (EUROPE) LIMITED
With over 20 years in senior roles trading FX and interest-rate derivatives, Alexander Myulberger currently serves as Head of Trading and Managing Director at Roemer...
With over 20 years in senior roles trading FX and interest-rate derivatives, Alexander Myulberger currently serves as Head of Trading and Managing Director at Roemer Capital (Europe) Limited. He specialises in bridging emerging-market and developed-market dynamics, designing infrastructure-grade solutions that integrate repo financing, derivatives overlays and debt capital-markets issuance. His strategic focus enables clients to unlock cross-border liquidity, optimise capital structures and execute sophisticated risk-managed growth mandates.
Nikolay Ruzaykin
Chairman of the Board, N1broker
Grair Sarkisian
Head of Trading, Partner, Sirius Capital
Grair Sarkisian is Head of Trading at Sirius Capital. Grair has significant experience in markets analysis, derivatives pricing, modern portfolio theory and quantitative analysis. Prior...
Grair Sarkisian is Head of Trading at Sirius Capital. Grair has significant experience in markets analysis, derivatives pricing, modern portfolio theory and quantitative analysis. Prior to join Sirius Capital he worked in major russian banks, including Sberbank, VTB and CBM, in the financial group BCS, and as CTO in indexing company Beta FT. He graduated from the Moscow State University.
Konstantin Saroyan
Secretary General, Federation of Euro-Asian Capital Markets
Konstantin Saroyan is a Secretary General of the Federation of Euro-Asian Capital Markets, where he manages multi-cultural environment of a variety of member stock exchanges...
Konstantin Saroyan is a Secretary General of the Federation of Euro-Asian Capital Markets, where he manages multi-cultural environment of a variety of member stock exchanges and central securities depositories covering Europe, Asia and Mediterranean Basin. As a Board member of Armenian Institute of Directors Konstantin is contributing his energy and knowledge for the development of corporate governance in the region. Konstantin is also a Board Member of the Fund for Rural Economic Development of Armenia and ETS Commodity exchange. He is a member of Angel Investors Club in Armenia and acting as a mentor for various fintech projects in Armenia. Konstantin holds Doctor of Economics degree and is an adjunct Professor at French University of Armenia Foundation. He also graduated from INSEAD International Directors Program.
Binyamin "Mitya" Farber
Investment Manage, Meta-X Markets

IV Conference Capital Markets Armenia

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