Sergey Avetisyan was appointed to the position of the Head of the General Department of Civil Aviation upon the decision of the Prime Minister Hovik Abrahamyan.
Before that, since 2014, he was the Deputy Minister of Economy.
Upon assuming the office Mr. Avetisyan declared one apartment. We learn from the website Commission on Ethics of High Ranking Officials that his income from remuneration for labor and/or other wages was 5.9 million AMD.
Notably the funds of the newly appointed Head of the General Department of Civil Aviation are much more.
At the end of 2015, his funds totaled to 100 million AMD and 7 thousand USD.
His spouse Anna Yeghisazaryan has 40 thousand USD.
In 2014 he received loans of 37 million AMD.