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Leadership Changes in AGBU Toronto and Armen-Ontario of AGBU

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  • Leadership Changes in AGBU Toronto and Armen-Ontario of AGBU

    AGBU PRESS OFFICE
    55 East 59th Street, New York, NY 10022-1112
    Phone (212) 319-6383
    Fax (212) 319-6507
    Email [email protected]
    Webpage www.agbu.org

    Thursday, May 13, 2004

    LEADERSHIP CHANGES IN AGBU TORONTO AND ARMEN-ONTARIO OF AGBU

    Toronto, Canada - The Central Board of the Armenian General Benevolent
    Union (AGBU) is pleased to announce that Ms. Knar Basmadjian will be
    serving as Chairperson of the AGBU Toronto Chapter. Ms. Basmadjian
    will be succeeding Mr. Hagop Altounian, effective June 1, 2004.

    AGBU extends its sincere appreciation to Mr. Altounian for his
    leadership and valued service for the past two years in establishing
    new initiatives and promoting AGBU's activities in the ever-growing
    Canadian Armenian community of Toronto. Mr. Altounian has been an
    active member of AGBU over many years, an organization which he has
    served with full devotion, commitment and care.

    On this occasion, Mr. Setrakian, President of AGBU, expressed the
    organization's deepest gratitude for Mr. Altounian's lifelong service
    and dedication to the Union. Mr. Setrakian further stated that he
    welcomes Knar Basmadjian, in her new role as chairperson. We are
    confident that Ms. Basmadjian will provide her committee with the
    dynamism and vision to meet the new challenges lying ahead. We consider
    Toronto a pivotal and important community of the Diaspora that could
    assume an important leadership role in these fast-changing times,
    Mr. Setrakian added.

    Ms. Basmadjian, a professional engineer who holds an MBA, is
    currently an Investment Advisor and Associate Portfolio Manager at
    CIBC Wood Bundy, one of Canada's largest investment dealers. She is
    past-president of the Canadian Armenian Business Council of Ontario and
    has been a board member since 1993. She is also an advisory committee
    member of the Canada Armenian Parliamentary Friendship Group and a
    trustee member of the Endowment Fund for the Holy Trinity Armenian
    Church of Toronto. She will bring her extensive and successful
    business experience in the financial services industry to her new
    role as Chairman. We look forward to her leadership.

    AGBU Armen-Ontario Corporation

    The Central Board is also pleased to announce that Barry Berge
    Papazian and Eugene Karadjian will be serving as President and
    Treasurer/Secretary respectively of the Armen-Ontario Corporation.

    Mr. Papazian will be succeeding Hrant Bardakjian as President of the
    Corporation. Mr. Setrakian thanked Bardakjian for his leadership and
    noted that he has been serving AGBU faithfully for many decades with
    dedication and commitment. Mr. Bardakjian will continue as a member
    of the Corporation and will serve as Chair of the AGBU Central Games
    Committee.

    Mr. Papazian is currently a managing partner at Papazian, Heisey &
    Myers Law firm. Has bas been a barrister and solicitor since 1971. He
    has been appointed to Queen's Counsel (QC) in 1984 and is certified
    by law society of Upper Canada (Ontario) as a specialist in civil
    litigation since 1990. Mr. Papazian is the Director and Secretary of
    Burger King Restaurants of Canada since 1982 and has served on the
    Board of the University of Toronto from 1954-1985. He is the recipient
    of the 2001 Man of the Year award at Holy Trinity Armenian Church and
    has been the Secretary/Treasurer of Armen Ontario since December, 2003.

    Mr. Karadjian has been a life-long member and has served AGBU well in
    various capacities including his membership on the executive committee
    of AGBU Toronto from 1986 to 1993.

    Given this remarkable new leadership, the Central Board of AGBU is
    confident that the AGBU Toronto Chapter and Armen-Ontario will ensure
    the continued growth and success of AGBU in the greater Toronto area.
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