Exactly 5 years ago, on August 22, 2021, the first informal meeting of a group of financiers gathered to establish the Association of Financiers of Armenia took place. During the meeting, the attendees wrote down their visions for the Association's activities 5 years later on slips of paper.
Five years later, on August 22, 2026, a group of Association members gathered to summarize the journey of the past 5 years since the initial discussion of the Association's concept. In particular:
- The idea of establishing the Association received legal status, registering as an NGO;
- A number of internal legal documents were approved within the Association, including the Charter and the Membership Procedure;
- Shortly thereafter, the governing bodies of the Association were formed: the General Meeting, the Council, and the President;
- The supervisory committee, as well as the financial-banking and scientific-educational committees, were established;
- The first branch of the Association was formed in the city of Gyumri;
- The Association launched cooperation with the Republican Union of Employers of Armenia, the Chamber of Auditors of Armenia, and the Association of Lessors of Armenia;
- Representatives of the Association participate in legislative amendments and budget discussions with state bodies;
- Representatives of the Association participate in discussions organized by international structures;
- Professional seminar-discussions are regularly organized for the members of the Association;
- Members of the Association have conducted a number of study visits to organizations in various sectors;
- Association members are regularly kept informed about legislative changes in the field;
- Representatives of the Association have met with university students, as well as college and school pupils, to raise awareness about enhancing financial literacy;
- The Association has organized meetings with entrepreneurs to discuss financial management issues;
- Over the 5 years, the Association's membership has grown to 52, including 3 corporate entities. The members are experienced professionals representing various sectors: public, financial-banking, manufacturing, services, construction, and education. Among the members, 6 hold a PhD in Economics (Associate Professors), 3 hold an international MBA qualification, and 3 hold an ACCA qualification, with several others having started processes to obtain international qualifications in various domains. The Association has 1 honorary member;
- Preliminary cooperation agreements have been acquired by the Association with international structures, state bodies, and educational institutions;
- The Association has formed an environment where industry specialists can regularly organize experience exchanges.
These are the main achievements that the members of the Association have been able to realize from the idea formed 5 years ago.
Summarizing the previous period in an accountable manner, the attendees on this occasion outlined the implementation of next upcoming projects considered as the Association's charter goals, deciding to address the discussion of their execution on August 22, 2030.
Once again, everyone wrote their visions for the Association in 2030 on slips of paper, dropped them into the same bottle, and sealed it to be opened on August 22, 2030.
