Yerevan
Tbilisi
Moscow
Paris
Los Angeles
Beijing
English
Հայերեն Русский
Main Timeline Video Share
May the Holiday Warm Hearts: Idram and IDBank Support the Children of Heroes Beneficiaries of the "By Your Side" program at IDBank AraratBank Named Large CSR Company of the Year Idram Joins the Fight Against Food Insecurity Ucom’s Renovated Sales and Service Center in Yerevan Mall Reopens 1% idcoin instead of New Year’s suffering: practical tips Idram Junior Donated Books to Schools Big Christmas Market with Idram, IDBank and idplus Ucom Supports Wildlife Monitoring in Ararat Region IDBank, Idram, and idplus at the Big Christmas Market Converse Bank Deputy CEO and CFO, Grant Akopian, Elected to BACEE Board Ucom and SunChild NGO Install a Solar Plant in Alaverdi Kindergarten
Timeline
Arega Hovsepyan is our candidate for Chair of the Committee on European IntegrationThe Final Round of the Junius Tournament Has BegunAwards Ceremony for the “Top 100 Students of Armenia” Competition: Presentation of CertificatesNew Samsung Galaxy A27 as Part of Ucom’s Special “Back to School 2026” OfferMillennials, Gen Z, or Gen Alpha: How Different Generations Prepare for the New School Year: Idram&IDBankFinancial Literacy at the Republican Center for Children and Youth Tent Camp: Idram & IDBankUnlocking the Secrets of the Financial World at ''Hayordi'' Camp with Idram&IDBankUcom Supports the Second Phase of ArmDrone’s FPV Drone Educational Program "The Power of One Dram" to "Orran" Charitable Non-Governmental OrganizationUcom and Microsoft Innovation Center’s Cybersecurity Education Program Concludes with a Mini CTF CompetitionCustomer Appreciation Day - This Time at IDBank’s “Erebuni” BranchResults of the Junius Tournament Announced: The Next Round AheadUcom Expands International Roaming Capabilities"Urgently Confirm Your Card Details": IDBank Warns of Hotel Booking ScamsMher Ananyan joins Unibank's Management Board Ucom Supports the Launch of "Remember the Animals" Educational Game Moody’s changes the outlook on IDBank’s ratings to positive IDBank Introduces the New Mastercard World Card with Exclusive Travel Benefits and a Special Launch CampaignConverse Bank and Visa expand their strategic partnership to introduce new customer solutions Ucom and FPWC Ensure Round-the-Clock Wildlife Monitoring in Gnishik Through Solar Energy
All Timeline »
Society

Ucom announces ceo transition. Ara Khachatryan to step down; Ralph Yirikian to take over

Today, the Board of Directors of Ucom CJSC announces a CEO transition. Ara Khachatryan, the current CEO of Ucom CJSC, and the Board have mutually agreed  upon transition of his executive functions, while continuing to support the Company. Ralph Yirikian has been appointed new Chief Executive Officer of Ucom CJSC.

“On behalf of the Board of Directors, I would like to extend my deepest gratitude to Ara Khachatryan for being an exemplary leader for Ucom. During his tenure, he managed to make Ucom a better company by delivering positive customer experience and strong operational performance,” said Gurgen Khachatryan, Chairman of the Board of Directors. 


Ara Khachatryan has served as the Chief Executive Officer of the Company since April, 2020. During his tenure as CEO, Ucom reached an all-time high fixed broadband revenue and subscriber market share while simultaneously managing to propel the fastest market share growth among competitors. 

“It has been my honor and, perhaps, the biggest privilege to serve the people, customers and community of Ucom as the CEO. Together, we ushered in an era of unrivaled growth while staying to our core, human-centric values and mission. I am proud to have worked with such a remarkable group of people who showed great spirit and commitment in helping us drive the company forward during Ucom’s transformation journey", said Ara Khachatryan.

Currently, Ucom is moving forward in a brand-new direction and implementing new development strategies, which include bringing in the latest technological advancements and capabilities to Armenia. In this, Ralph Yirikian has a long history of contributing to the establishment of successful telecommunications ventures. 

“We are confident that Ralph Yirikian is the right leader to take the reins at Ucom in what is a significant moment in the company’s history. He is an inspiring, hardworking and determined leader that knows how to identify and drive growth. Moreover, Ralph has a charming personality that puts everyone he works with at ease, facilitating open communication among team members. He is the ideal CEO to continue this strong trajectory of growth for Ucom, and his business instincts and institutional knowledge position Ucom exceptionally well for the long-term,” said the BoD Chairman Gurgen Khachatryan.