Thies Peter Clementz, HSBC Bank Armenia cjsc

Board member

Mr. Clemenz served as NASDAQ OMX Armenia Board Member until March 17, 2017.

Mr. Clemenz is Chief Executive Officer of HSBC Bank Armenia cjsc appointed on 23 August 2012 and registered to that position by the RA Central Bank on 29 August 2012.

Mr. Clemenz started out his career at Deutsche Bank AG as a member of the Global Controlling Asset Management team in 1998. After holding various asset management functions at Deutsche Bank in Frankfurt, Paris and London, Thies Clemenz was appointed as COO and Managing Director of HSBC Global Assets Management (Germany) GmbH in 2005.

Mr. Clemenz served as NASDAQ OMX Armenia Board Member until March 17, 2017.

Mr. Clemenz is Chief Executive Officer of HSBC Bank Armenia cjsc appointed on 23 August 2012 and registered to that position by the RA Central Bank on 29 August 2012.

Mr. Clemenz started out his career at Deutsche Bank AG as a member of the Global Controlling Asset Management team in 1998. After holding various asset management functions at Deutsche Bank in Frankfurt, Paris and London, Thies Clemenz was appointed as COO and Managing Director of HSBC Global Assets Management (Germany) GmbH in 2005. In August 2010 he had moved to Luxembourg as CEO and Deputy Country Head of HSBC Trinkaus Investment Managers SA.

Mr. Clemenz graduated University of St. Gallen (HSG) with a degree in business management.

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Gagik Arzumanyan, Armenian Copper Program cjsc

Board member

Gagik Arzumanyan served as NASDAQ OMX Armenia Board Member until July 19, 2016.

Gagik Arzumanyan is the Executive Director of Armenian Copper Programme cjsc, a private Armenian company engaged in metallic mineral exploration, development and production. Mr. Arzumanyan joined the company in 2002 as Chief Financial Officer, before being appointed as CEO a year later. He is also Vice President of Vallex Group of companies, which ACP forms part of.

Gagik Arzumanyan served as NASDAQ OMX Armenia Board Member until July 19, 2016.

Gagik Arzumanyan is the Executive Director of Armenian Copper Programme cjsc, a private Armenian company engaged in metallic mineral exploration, development and production. Mr. Arzumanyan joined the company in 2002 as Chief Financial Officer, before being appointed as CEO a year later. He is also Vice President of Vallex Group of companies, which ACP forms part of.

Mr. Arzumanyan serves as Member of the Presidium of the largest business association in Armenia - Union of Manufacturers and Businessmen (Employers). He is also a member of high-level Business Support Council chaired by the Prime Minister of Armenia. Prior to joining ACP, Mr. Arzumanyan worked with the Government of Armenia, serving at various high-level positions. As the Deputy Minister of Finance and Economy, Mr. Arzumanyan was coordinating tax and customs policy, macroeconomic analysis and forecasting, international financial cooperation.

Mr. Arzumanyan has graduated from Yerevan State Economic University. Upon completion of post-graduate studies at the Institute of Economic Research, he has also earned a Doctor of Economics degree

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Indars Aščuks

Board member

Indars Aščuks served as NASDAQ OMX Armenia Board Member from January 22, 2013 to May 20, 2015.

Mr. Aščuks is Head of Baltic Markets Development at NASDAQ OMX.

Indars Aščuks served as NASDAQ OMX Armenia Board Member from January 22, 2013 to May 20, 2015.

Mr. Aščuks is Head of Baltic Markets Development at NASDAQ OMX.

Mr. Indars Aščuks joined NASDAQ OMX Riga (former Riga Stock Exchange) in 2001 as Strategic Projects Manager and since then has held various positions, heading the Market Services department and participating to Management Boards of the Riga Stock Exchange and Latvian Central Securities Depository. Mr. Aščuks also holds the position of Deputy Chairman of Management Board at NASDAQ OMX Riga and since November, 2011, is also the Chairman of the Management Board at the Latvian Central Securities Depository.

Mr. Aščuks has graduated from Stockholm School of Economy in Riga and holds the Master degree from Latvian University.

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Andrus Alber

Board member

Andrus Alber served as NASDAQ OMX Armenia Board Member from July 14, 2010 to January 22, 2013.

Andrus Alber joined NASDAQ OMX in February 2007, and has since held the position of the Chairman of the Management Board of NASDAQ OMX Tallinn. He is also Chairman of the Supervisory Council of the Estonian Central Securities Depository.

Andrus Alber served as NASDAQ OMX Armenia Board Member from July 14, 2010 to January 22, 2013.

Andrus Alber joined NASDAQ OMX in February 2007, and has since held the position of the Chairman of the Management Board of NASDAQ OMX Tallinn. He is also Chairman of the Supervisory Council of the Estonian Central Securities Depository.

Mr. Alber has graduated from Tallinn University of Technology and has a masters degree from Fletcher School of Law and Diplomacy in USA. Most of his work experience is related to the central bank where his last position was adviser to the Governor. Mr. Alber has also worked at the European Commission, the IMF and was the economic adviser to President of the Republic of Estonia.

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Astrid Clifford

Board member

Astrid Clifford served as NASDAQ OMX Armenia Board Member from 11 October 2011 to 26 September 2012.

Ms. Astrid Clifford has been Chief Executive Officer of HSBC Bank Armenia cjsc since 30 January 2010 (registered to that position by the RA Central Bank on 01 June 2010) to 23 August 2012.

Astrid Clifford served as NASDAQ OMX Armenia Board Member from 11 October 2011 to 26 September 2012.

Ms. Astrid Clifford has been Chief Executive Officer of HSBC Bank Armenia cjsc since 30 January 2010 (registered to that position by the RA Central Bank on 01 June 2010) to 23 August 2012.

She has worked for the HSBC Group for the past 21 years, and has held various managerial positions in the UK, Jersey, UAE, Oman, India, Vietnam, Taiwan, Hong Kong and the United States. Ms. Clifford graduated from Southampton University with a degree in Psychology and from The London School of Economics with a Masters in Economics.

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Current members of the Supervisory Board
Updated as of: 31.03.2017