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
The Symbol of Chinese Automotive Excellence Arrives in Armenia E-auto Becomes the Official Representative of Hongqi Electric Vehicles IDBank and Idram participate in Career City FestUcom Participated in Yerevan’s Career City Fest, Sharing Its Values and Career Opportunities New campaign in ECCO stores from IDBank and IdramWhat Types of Online Fraud Exist Today? Drone Racing Event to Be Held in Yerevan with Ucom’s Support AraratBank: Main Sponsoring Partner of STEM Expo 2025 20% idcoin at Carpisa: IDBank and Idram’s new campaignARARATBANK and FMO Expand Cooperation with a $25 Million Loan Agreement Digital identity, digital authentication, and secure transactions: the imID office is officially opened5,237,825 AMD for the “City of Heroes Rehabilitation Center”: April’s beneficiary is the “4090” FoundationDigital identity, digital authentication, and secure transactions: imID office officially launchesAraratBank: Business Financing with up to 35% Cashback Opportunity Ucom Introduces UPlay, Launching a New Era of Entertainment IDBank Joined the Banking Association for Central and Eastern Europe (BACEE): Official Membership Agreement Signed in Budapest The Power of One Dram is the general partner of DigiCode 2025 AraratBank Employees Communicated with the Power of the Intercessory Gospel of ShurishkanMyAmeria Star - Ameriabank presents a bank card and app for kids and teens One more free access to business lounges: IDBank How to protect your bank accounts and E-Wallet
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.