LOS ANGELES–Armenia’s new Consul General to Los Angeles is Moscow-based businessman Sergey Sarkisov, who has built an empire on establishing the insurance sector in post-Soviet Russia.
This year, Forbes Magazine estimated his wealth at $1.3 billion and ranked him, and his brother Nikolay, as the 74th wealthiest people in Russia.
Asbarez learned of this appointment when reporting the ongoing visit of a delegation of state and local officials to Armenia, headed by California State Assmebly Speaker John Perez. Sarisov has been accompanying the delegation to meetings and visits as new Consul General to Los Angeles. He replaces outgoing Consul General Grigor Hovhannesyan, who is poised to become Armenia’s Ambassador to Mexico.
With a donation of $4 million, Sarkisov was the largest single donor at the 2012 Armnenia Fund Telethon.
Sarkisov attended the Moscow State Institute of International Relations. After earning his Ph.D. in economics from the Financial University, he worked for the government for four years and was stationed in Latin America as the Director of Representative office of INGOSSTRAKH–the Chief Agency of Foreign Insurance of the USSR, which was founded in 1947 and privatized in 1992.
Sarkisov has more then 30 years experience in the insurance industry, he is a frequent speaker on various insurance issues including: general insurance, regulatory issues across CIS.
He is Chairman of the Board of Directors of IJSC ‘RESO-Garantia,” one of Russia’s top five insurance companies, and RESO Group, Russia. Sarkisov has authored several books devoted to life insurance, insurance law, management, and has written more then 50 articles about insurance regulation and risk management.
He is married and has five children.