Board of Trustees

The Board of Trustees is the supreme governing body of Ayb School. It is authorized to take and review decisions. Ayb School is a foundation, a non-profit non-governmental organization that doesn’t have owners, shareholders, or stockholders. Actually, Ayb School is governed by people who voluntarily undertook the responsibility and mission—acting through the Board of Trustees—to achieve the school’s objectives. The decisions taken by the Board of Trustees are final and not subject to appeal.

This Board of Trustees has started its work on December 1, 2025 and will retire on November 30, 2027.


According to the Charter of Ayb School, based on donations and investments, three groups of benefactors are separated: Strategic Sponsor, Continuous Sponsor with a pledge to involve financial means, and Continuous Sponsor. This principle is the basis of the formation of the Board of Trustees as well.
Ayb School's community of donors in three categories



Sargis Badalyan

Founder of Luys Barry

Ashot Mkrtchyan

Executive Director of Visa Concord

Tigran Buniatyan

Founding Director at Coffee Cantata

Vasken L. Yacoubian

AGBU Armenia President

Raffi Festekjian

CEO of the Banking Analytics Division of WKFS

Hayk Yeganyan

CEO of the Armenia Stock Exchange (AMX)
More on Hayk Yaganyan

Ruben Harutyunyan

Founder and CEO at HENDERSON Fashion Group

Aram Kayfajyan

CEO of Armbrok Investment Company
More on Aram Kayfajyan

Tigran Harutyunyan

Founding President at Mikshin

Hakob Petrosyan

President of the Ayb Alumni Club
Founder and President of the Crazy Youth NGO
for the Preservation of Identity

Julieta Ktshanyan

World History Teacher at Ayb School
Lecturer at the Faculty of History at Yerevan State University


Protocols of the Meetings of Ayb School's Board of Trustees


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