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Hayastan All-Armenian Fund To Get New CEO By Next May

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  • Hayastan All-Armenian Fund To Get New CEO By Next May

    HAYASTAN ALL-ARMENIAN FUND TO GET NEW CEO BY NEXT MAY

    ARKA
    Oct 15, 2008

    YEREVAN, October 15./ARKA/. The new CEO of the Hayastan All-Armenian
    Fund is to be appointed before next May.

    Acting CEO Ara Vardanyan reported that the Board of Trustees is
    to hold its regular meeting next May, but the issue will have been
    settled by that time.

    The Personnel Department, RA Presidential Administration, reports
    that the deadline for applications for filling the vacancy is November
    15, 2008.

    The post has remained vacant since July 26, when Vahe Aghabekyants
    sent in his resignation.

    The Board of Trustees accepted Aghabekyan's resignation and appointed
    Ara Vardanyan Acting CEO of the Fund.

    Hayastan All-Armenian Fund was founded in 1992. During its 17-year-long
    activities in Armenia the Fund has implemented $185mln worth programs
    in Armenia and the Nagorno-Karabakh Republic (NKR).

    The Fund sponsored the construction of 463km of roads, 211km of
    water-supply lines, 43km of gas pipelines, as well as the construction
    and renovation of 102 schools and kindergartens, 35 hospitals and
    medical stations.
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