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
The Widely Discussed Dvin Crown Project. A New Visibility Platform for Brands Has Emerged in the Heart of YerevanAmeriabank named Most Innovative Digital Bank in Armenia, alongside 9 Global Finance Digital Banking AwardsUnibank and Picsart Academy Host Kids Day for ChildrenUnibank Issues AMD and USD Bonds with Annual Coupon Rates of 10.3% and 6%Artur Hovhannisyan and the Ambassador of Bulgaria to Armenia discussed a number of programs of mutual interest to Armenia and Bulgaria A new and fantastic story was born in the heart of Yerevan—the spirit of the old city at Hayasa Hotel Old YerevanConverse Bank is Lead Sponsor of the BACEE International Banking Conference Ralph Yirikian on the Cost of Digital Transformation at the 13th Regional HR Conference You Can Now Pay with Idram on Glovo: The Long-Awaited Partnership Is Now a RealityRate.Trading: Currency Exchange on a New Digital PlatformIdram's "City of Good Deeds": From Teamwork to Real Charitable Projects Ucom and FAST Bring Together Artificial Intelligence and Green Innovation From Car Selection to Purchase – All in One Place: Ameriabank to Present its Myar.am Platform and Special Offers at Armenian Auto Show IDBank and the “Dekavva Fund” Stand with People from Artsakh Ucom Supports AI-Powered Camera Installation for Nature Conservation Dmitry Ishkhanov Opens the New Steinway’s Concert Life in Pardubice Ucom Fellowship Participants Meet Ralph Yirikian at UcomUnibank Becomes Title Sponsor of Alashkert Football ClubSergey Smbatyan’s Music for Future Foundation and the Lang Lang International Music Foundation Invite Young Pianists to Apply for the Prestigious Lang Lang Young Scholars ProgramUnibank Call Center Now Available 24/7 on Weekdays
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.