According to an order of the Acting Minister of Transport and Communications of Armenia Gagik Beglaryan, the executive director of the Public Non-Profit Organization (SNPO) for the implementation of the investment program of construction of the North-South Corridor Ara Hovsepian was relieved from his position, the Press Service of the Ministry told 'ARKA'.
Before the announcement of the winner of the contest for this vacant position, it is temporarily held by Arthur Sargsyan.
Hovsepian was appointed the executive director of the SNCO for the construction of the North-South Corridor on November 30, 2011.
Before Hovsepian was the Chief Executive Officer of the 'Millennium Challenges - Armenia' Fund, the implementation of the five-year program of which officially ended at the end of September 2011.