FEAS Yearbook FEAS Yearbook 2024 | Page 60

The Federation of Euro-Asian Capital Markets

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About Company

Central Depository of Armenia

Year in review

Taking over as CEO of the Central Depository of Armenia in October 2024, I am honored to lead the institution during a pivotal time of transformation and growth. Transitioning from my previous role as a Management Board member and Legal Counsel at AMX Group, I bring a deep understanding of market development and regulatory frameworks. I am committed to leveraging this experience to drive CDA’s continued innovation and long-term success.

2024 was a year of remarkable advancements and strategic partnerships that have strengthened our market infrastructure and created new opportunities. One of the significant accomplishments was the launch of a new electronic system for data exchange in partnership with the Chamber of Notaries of Armenia. This system has streamlined the process for notaries to access securities and pension fund asset information related to inheritance cases, enhancing efficiency and transparency.

Another key milestone was expanding CDA’s global reach. Through a strategic partnership with the Abu Dhabi Securities Exchange (ADX), we have taken steps to integrate Armenia’s financial markets with the Middle East. Additionally, the Kazakhstan Central Securities Depository (KCSD) opened a nominee account at CDA, creating a two-sided connection that makes it easier for both Armenian and Kazakh investors to operate in each other’s securities markets.

As we move into 2025, our focus remains on innovation, international integration, and expanding our service offerings. The foundations laid in 2023 and the milestones achieved in 2024 position us for continued growth and success.

With a renewed leadership perspective, I am committed to strengthening the depository’s technological capabilities, enhancing regulatory frameworks, and fostering deeper collaborations both locally and internationally.

Project of the year: Electronic system with Notary Chamber

Event of the year: AMX Awards 2024

with ADX

Change of the year: Leadership transition

Accomplishment of the year: "Excellence Innovation - CDA Online: Software of CSD Armenia" Award

Word of the year: Synergy

Established: 02.12.2008

Address: 26/1 Vazgen Sargsyan str., 5th floor, Erebuni Plaza Business Centre, Yerevan 0010, Armenia

Contact Name: Elina Mirzoyan

Email: elina.mirzoyan@amx.am

Website: www.cda.am

- Joined FEAS in 2017-

Ani Makaryan

Chief Executive Officer