Mr. Seyran Sargsyan Appointed Member of the NASDAQ OMX Armenia Supervisory Board


Yerevan, Armenia, 2013-08-05 16:18 CEST (GLOBE NEWSWIRE) -- Mr. Seyran Sargsyan has been appointed as a member of the NASDAQ OMX Armenia Supervisory Board effective of July 26, 2013 when the decision of the Central Bank of Armenia came into force.

Since 1996 Mr. Sargsyan has held multiple positions in the financial sector, both in Armenia and the USA. In 2006 he joined the Union of Banks of Armenia (UBA) first in the position of Executive Director, from 2009 to 2011 as the Vice Chairman. Currently Mr. Sargsyan is the Executive Director at UBA.

Mr. Sargsyan graduated from Yerevan State University, Faculty of Applied Mathematics, and he has a PhD from the Armenian National Academy of Sciences and Master in Mathematics and Economics from Iowa State University, USA.

For a more detailed information on the members of NASDAQ OMX Armenia Supervisory Board please visit our official website www.nasdaqomx.am.

About NASDAQ OMX Group

The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 26 markets including 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-55 microsecond average speeds with 99.99% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world's securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,300 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn more, visit www.nasdaqomx.com. Follow us on Facebook (http://www.facebook.com/NASDAQ) and Twitter (http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)

In January 2008, Nordic exchange operator OMX Group acquired 100% of the shares of the Armenian Stock Exchange (Armex) and the Central Depository of Armenia (CDA). After the combination of NASDAQ and OMX in February 2008, Armex and CDA became fully owned by the NASDAQ OMX Group, Inc. On January 26, 2009, “Armenian Stock Exchange” ojsc was officially renamed as “NASDAQ OMX Armenia” ojsc. On June 5, 2009, “NASDAQ OMX Armenia” ojsc became the owner of 100% of the shares of the “Central Depository of Armenia” ojsc.

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