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Unibank’s Perpetual Bonds Were Acquired in Nearly One Day Acba bank and France’s Proparco to continue strengthening their long-term strategic partnershipTeam Holding Announces the Launch of Bond Placement. Underwriter - Freedom Broker Armenia Unibank Issues the First in Armenia Perpetual Bonds Team Holding Announces the Launch of Bond Placement. Underwriter - Freedom Broker Armenia AraratBank Joins Armenia's New Greening Initiative: 100 Hectares of New Forest within Three YearsApply for a Unibank salary card and get a chance to win 1 000 000 AMDEuromoney Names Ameriabank Armenia’s Best Bank for Real Estate for the Second Year in a Row S&P Global Ratings has assigned IDBank CJSC a long-term rating of “BB-” and a short-term rating of “B” with a “stable” prospectAn unprecedented Evening for the Armenian Fashion and Hospitality Industry: World-Renowned Dress Designer Jacob Meyer Presents His Masterpieces at the ONE&ONLY Antigravity Theatre in The Dvin HotelA Brand-New Section on Idram&IDBankSeveral real and profitable offers ahead of Black Friday: IDBank and IdramAraratBank Joins Social Impact Award 2025 Summit in LjubljanaIDBank issued the 1st tranche of bonds of 2026Ucom Supports the Development of Space Engineering in Armenia Prioritizing Information Security: IDBank and Idram Support APOCALYPSE CTF 2025IDBank's Representative, Innesa Amirbekyan Appointed Co-Chair of the ICC Banking Commission Task Force on GuaranteesUcom General Director Ralph Yirikian Awards Certificates to Participants of Cybersecurity Training Course Acba and Proparco mark one year of partnership, strengthening rural financing and Armenias’s economic resilienceAraratBank and Arca's joint campaign has ended
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Reputation Management in Armenia: Shushan Harutyunyan

We present an expert opinion on the challenges of reputation management and public relations in Armenia by Shushan Harutyunyan, co-founder of AxelMondrian communications firm. 

Can Reputation Be Managed?

If we consider Aristotle’s Rhetoric, Ethos refers to the authority, credibility and moral standing of a person. One is heard not only for what they say, but for who they are. In Armenia today, this becomes especially challenging amid widespread discrediting of public figures and the trivialisation of important issues. Reputation takes years to build, yet it can be destroyed in hours. As a result, many thoughtful and qualified individuals avoid public life for fear of losing their hard-earned credibility in a moment. While reputational harm is a global phenomenon, it is particularly damaging in smaller countries like Armenia, where the pool of trusted voices is limited.

Reputation can—and must—be managed. A society where reputation holds no value becomes a breeding ground for deception. The desire to earn and maintain trust shapes healthier communities. In contrast, widespread cynicism erodes hope.

Is Bad PR Still PR?

No, for sure. It may be quicker and cheaper to gain attention through a stunt, but notoriety does not equal trust. There’s nothing clever in turning yourself into a joke and calling it black PR. 

The popularity of prank videos on social media is an example of cultural decline. These videos tap into voyeuristic emotions. Viewers empathise with the person mocked, feel superior by comparison, and then derive a sadistic thrill as the individual willingly humiliates themselves—whether through language, gestures, or values no one used to flaunt. In the end, it provides a kind of twisted reassurance—if these people can earn a living making a mockery of themselves, then even idle viewers might feel they still have a chance. 

What Does It Take to Become a PR Specialist?

As the saying goes, everyone’s an expert in football, politics and marketing. Communication is particularly prone to cognitive bias. People believe that if they can write, they can craft a message; if they see colours, they understand design. Sociology and behavioural sciences help understand audiences. Philosophy teaches how ideals are created and destroyed. Aesthetic disciplines like film and art are essential for crafting powerful visuals.