Karen Safaryan, chair of Ardshinbank's board of directors, was recently honored with a medal for services to the Artsakh Republic.
The medal was presented by Bako Sahakyan, president of the Artsakh Republic, at the president's home, according to a bank press release. The awards ceremony took place on Victory Day, the 25th anniversary of the Liberation of Shushi.
Safaryan gave a speech speaking about support and cooperation, according to the release.
He has been on the bank's board of directors since 2003 and has served in top roles for other businesses in the area since the late 1990s.