Garen has significant experience in executive leadership, investment management, and investment banking roles. Prior to founding Riviera Capital in 2017, Garen served as CEO of the Development Foundation of Armenia (DFA), a governmental agency dedicated to attracting investments, promoting exports and expanding the country’s tourism potential.
Prior to his role at the DFA, Garen was CFO of Inecobank CJSC, a major commercial bank in Armenia. Previously, he was President and CEO of General Donlee Canada Inc., a leading stock exchange listed manufacturer of aircraft engine components in Toronto, where he led a major turnaround effort, spearheaded the company’s growth strategy and administered its sale to Triumph Group Inc. in 2013 for $110 million, resulting in an annualized return of 31% for shareholders during his tenure.
Garen was Vice President at the Toronto offices of private investment firm Geosam Investments Limited, where he managed activist, value and private equity investments. Previously, he spent three years in the M&A group of BMO Capital Markets, a major Canadian investment bank, where he was involved in a wide range of public and private M&A advisory mandates.
A graduate of Concordia University’s John Molson School of Business in Montreal where he received a Master of Business Administration degree, Garen also holds a Bachelor of Engineering degree from the Mechanical Engineering Honours Program at McGill University. He is fluent in Armenian, English, French and Arabic. He resides in Yerevan, Armenia, with his wife and four children.