Effective January 2020 Gagik Gyulbudaghyan has been elected Chairman of the Board of Grant Thornton Armenia (unifying three legal entities - Grant Thornton CJSC, Grant Thornton Consulting CJSC and Grant Thornton Legal & Tax LLC providing professional services in Armenia).
Gagik Gyulbudaghyan is a former Member of the Board of Governors of Grant Thornton International. Being one of the leading experts in business advisory and corporate finance in Armenia, he joined Grant Thornton in 1999 in the capacity of Deputy Director and continued his career as a Partner since 2001.
He has been managing Grant Thornton for more than 16 years, providing company’s strategy development and implementation as well as day-to-day operational management of the firm.
Gagik has vast experience in corporate finance, business valuations, transaction support, lead advisory, recovery and reorganization, management consulting and company management. Gagik has led numerous missions in the spheres of due diligence, financial audit, tax reviews, fundraising, business appraisal, equity and assets valuations as well as financial and tax planning.
Having extensive previous work experience with international organizations and Big4 companies, he possesses profound knowledge of International Standards on Auditing (ISA) and International Financial Reporting Standards (IFRS), Armenian Accounting Standards, Financial Reporting and Tax regulations.
As an Engagement Partner, Gagik has led the Advisory Services division, having special knowledge of Grant Thornton International Transaction Advisory methodology as well as International Valuation Standards.
Throughout his career with Grant Thornton, Gagik has managed a large number of audit and consulting missions for top-level private and public entities, state organizations, projects financed by the World Bank, EC, ADB, EBRD, UN and other International Financial Institutions in Armenia, Georgia and other countries of CIS region.
Accreditations and certifications
- Licensed Real Estate Appraiser
Gagik Gyulbudaghyan was presented "Distinguished Alumni Award 2017" by the American University of Armenia for making significant contributions to society.
- Master Degree in Industrial Engineering and Management Systems from the American University of Armenia