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About

Karen Karapetyan is an Armenian politician who served as the Prime Minister of Armenia from 2016 to 2018. Prior to this, he was the Mayor of Yerevan, Armenia's capital city, from 2010 to 2011. He was appointed prime minister by President Serzh Sargsyan in September 2016. After Sargsyan's resignation, Karapetyan briefly served as acting prime minister until Nikol Pashinyan assumed the role.

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Career Timeline

2010C$1M

Mayor of Yerevan

Karapetyan becomes the Mayor of Yerevan, gaining experience in municipal governance.

2016B$2M+$1M

Appointed Prime Minister

Karapetyan is appointed as the Prime Minister of Armenia, a major step in his political career.

2018C$4M+$2M

Resigns as Prime Minister

Karapetyan resigns amidst political upheaval in Armenia, marking the end of his premiership.

2018C$4M

Acting Prime Minister (Briefly)

After Serzh Sargsyan's resignation, briefly served as acting prime minister

2026C$5M+$1M

Political influence declining

Karapetyan's political influence wanes since leaving office. He is primarily involved in business ventures.

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Last updated: February 24, 2026