From 1980 to 1983, Mr. Sargsyan attended Leningrad's Financial and Economic Institute after Voznesenski. From 1983 to 1987 his postgraduate education ended in obtaining PhD degree. From 1987 to 1990 he worked as the Chief of Department for Foreign Economic Relations of Scientific Researches Institute of Economic Planning in Armenia. From 1988 to 1993 he worked at the post of Chairman of republican Council of Young Specialists and Scientists. From 1990 to 1995 he was a member of Supreme Council of the Republic of Armenia and the Chair of Standing Commission for Financial, Credit and Budget Affairs. From 1995 to 1998 he was the Director of Scientific Researches Institute of Social Reforms. From 1995 to 1998 he was the Chairman of Armenian Banks Association.

Mr. Sargsyan occupied the post of CBA Chairman from March 3, 1998 and was reelected by the Armenian National Assembly as CBA Chairman for a second seven-year term on March 2, 2005. Mr. Sargsyan was CBA Chairman until April 9, 2008, when he was appointed as Prime Minister of Armenia.

Mr. Sargsyan is married and has three children.

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