On the 13th of September, President of Armenia Serzh Sargsyan signed a decree appointing Karen Karapetyan as a new Head of the Government.
53-year old Karen Karapetyan graduated from Yerevan State University, department of applied mathematics in 1980 and holds a doctorate in economics, the local press reports.
From 2001 to 2010, Karen Karapetyan held the position of Chairman of Board of Directors – Director General of ArmRosgazprom joint enterprise, which subsequently became a subsidiary of Gazprom, Russian gas giant.
In 2011, Karapetyan became a Vice President of Gazprombank and, in conjunction, from 2012 he held the position of Deputy Director General of Gazprom Mezhregiongaz.
Since 2015, Karen Karapetyan has been Deputy Director General for International Projects of Gazprom Energoholding LLC.