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Newly-Elected CEO Of NCFA Presents His Proposals On Foundation's Str

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  • Newly-Elected CEO Of NCFA Presents His Proposals On Foundation's Str

    NEWLY-ELECTED CEO OF NCFA PRESENTS HIS PROPOSALS ON FOUNDATION'S STRATEGY

    Noyan Tapan
    http://www.nt.am?shownews=1012043
    Feb 10, 2009

    TSAKHKADZOR, FEBRUARY 10, NOYAN TAPAN. A regular sitting of the Board
    of Trustees of the National Competitiveness Foundation of Armenia
    (NCFA) was held in Tsakhkadzor on February 8. The sitting was conducted
    by the chairman of the Board of Trustees, Armenian prime minister
    Tigran Sargsyan.

    The sitting participants were: from the state sector - the Board's
    members, the chief economic advisor to Armenian president, the
    deputy chairman of the Board Vahram Nersisiants, the minister of
    economy Nerses Yeritsian, the minister of finance Tigran Davtian, the
    chairman of the Central Bank of Armenia (CBA) Arthur Javadian; from
    the private sector - the Board's members, the CEO and the chairman
    of the board of Troyka-Dialog company Ruben Vardanian, the CEO of
    Flagship Ventures company Nubar Afeyan, the CEO of Wolters Kluwer PCi
    company Raffi Festekjian, the head of the World Bank Armenia Office
    Aristomene Varudakis, and the CEO of NCFA Bekor Papazian.

    The RA minister of Diaspora Hranush Hakobian and the head of the
    operations unit of Ernst & Young company Hakob Sargsyan were also
    invited to the sitting.

    During the sitting, the newly-elected CEO of NCFA Bekor Papazian
    presented his proposals on the Foundation's strategy, work plan,
    organizational structure and budget planning.

    Among the problems discussed by the members of the Board were the
    latest developments in connection with the global economic situation
    and the measures taken by the Armenian government in order to ensure
    sustainable development of Armenia's competitiveness under these
    conditions.

    The Board approved the candidacy of Armen Hovhannisian for the post of
    director of the NCFA Tourism Office. It was mentioned that the Tourism
    Office has programs which are either at the planning stage or have
    already begun. In particular along with reconstruction of the Tatev
    monastery complex, on the initiative of Armenia-2020 organization,
    the program on construction of a funicular roadway over Halidzor
    and creation of a tourist center on the other side of the gorge was
    launched. Another program being implemented by the Tourism Office is
    construction of the District of Masters in the city of Spitak. This
    program is now at the stage of its design and study. The district will
    display the works of carpenters, leather-makers and other masters to
    live and work in the same district.

    A number of healthcare programs to be implemented by the ministry
    of health in cooperation with the ministry of economy are also being
    planned. The purpose of yet another program is to build a center of
    nuclear medicine in Yerevan.

    The Board discussed issues related to planning in other target
    spheres. A working group was set up and instructed to develop proposals
    on the educational sector.

    It was decided to discuss the problems of the financial sector and
    the problem of turning Armenia into a business excellence center at
    the next sitting of the Board.

    The Board addressed the problem of founding an All-Armenian
    Bank. Based on decisions of the National Competitiveness Council,
    the All-Armenian Bank will ensure the financing of projects of
    all-Armenian significance, in particular such projects that will
    contain elements of innovation and be implemented by members of the
    all-Armenian network in any place worldwide.

    The Committee of the Board has examined applications of more than 140
    candidates from 7 countries and came to the conclusion that none of
    them has the experience necessary for ensuring the bank's activities
    and the implementation of its vision. Based on the proposals of the
    Committee, the Board has started a more large-scale and targeted
    campaign for involving candidates worldwide and discussing them at
    the next sittings of the Board.

    During the sitting, a decision was made to set up a working group in
    cooperation with the RA Ministry of Diaspora. The group will work out
    mechanisms of cooperation with highly qualified Diasporan experts
    in order to raise the competitiveness of the Armenian World. The
    working group will deal with two issues: the contacts of Armenians
    in the virtual environment and the creation of a network of famous
    Diasporan Armenian advisors who will assist the activities of the NCFA.

    The next sitting of the Board of Trustees of the NCFA will be held
    on March 21-22.

    From: Emil Lazarian | Ararat NewsPress
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