22 October 2016

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Former Gazprom manager appointed Armenia PM

Armenian President Serzh Sargsyan signed a decree appointing Karen Karapetyan as Prime Minister of Armenia, according to the president's press office, reports.

"Guided by Part 4, article 55 of the Armenian Constitution... by signing the decree, I appoint Karen Karapetyan as Prime Minister of Armenia," reads the statement.

As reported by, Karapetyan's biography includes working at top positions at Gazprom companies. Between 2011 and 2016, he held a post of First Vice President of Gazprombank OJSC. In 2012-2016, he was also a Deputy Director General at Gazprom Mezhregiongaz JSC.

Karapetyan also served as Yerevan Mayor in 2010-2011.

Former Prime Minister Hovik Abrahamyan, announced his resignation last Thursday, which was followed by a government resignation.

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