Europe & Central Asia consultants
Narine Terzyan serves as the Market Development & Housing Finance Officer for Europe and Central Asia. Within her responsibility areas are developing, piloting and implementing housing finance/micro-finance projects and partnerships in cooperation with habitat for humanity national organizations and area office team. She is also in charge of the financial education initiatives in the region. Before joining the ECA area office team, Ms. Terzyan worked for HFH in Armenia for two years being responsible for MFI partnerships and development of financial models for condominium renovation, social housing and home repair projects. She has experience in the banking sector, where she was engaged in corporate finance, developing investment projects for major companies operating in Armenia.
Ms. Terzyan graduated from the Armenian State University of Economics with a major in Finance and Investments. Later, she was involved at the same university in a research position focusing on mortgage-backed securities introduction in the Armenian financial market.
Elena Milanovska holds the position of Program Development Manager and Regional representative for Central Asia. She has played a pivotal role in expanding HFH’s Central Asia portfolio of housing finance projects, providing effective consultation on strategic and operational management in assigned countries (Tajikistan, Kyrgyzstan and Kazakhstan) in the ECA region. Elena’s major area of specialization includes the development of innovative and specific housing finance products, having introduced housing finance products into countries across the ECA region.
In her previous role as Housing Finance Specialist, Elena had the responsibility for the coordination of major housing finance programs across the region. During this time she was responsible for providing technical consultancy and management services across the region, building support strategies, housing finance tools, designing housing support services, financial and risk management, evaluating projects, building capacity and training staff in HFH and partner organizations, and promoting best practices across the organization and region. Before joining Habitat, Elena held important positions in the field of housing finance including having played an essential role in setting up the microfinance institution in Macedonia for Horizonti, where she worked as Operations Director from 2000 to 2008.
Elena graduated from Liverpool Hope University, UK and holds a Masters in Business Administration with major in Executive Management. She speaks fluent English, Macedonian (native), Serbo-Croatian, Bulgarian and basic Russian.
Andreea Cismaru currently is Program Director for Habitat for Humanity Romania and her main goals and responsibilities are the implementation of all products and programs developed by the organization, in accordance with the global strategy. Particularly, as a housing finance specialist, she is focused on implementing and developing microfinance and housing support services at the country level, and introducing new concepts in the financial sector in Romania.
Andreea has 15 year experience in the banking sector, with more than half of this period being involved in residential projects or negotiation of financing facilities. Andreea worked in several major banks in Romania, having had several responsibilities with emphasis on commercial and project finance lending, founding the project finance division within MKB Bank (part of Bayerische Landesbank Group).
Andreea graduated from the Technical University of Civil Engineering, Bucharest, having five years specialization in construction engineering and management, and holds a master’s degree in Management of International Projects. Currently, Andreea is enrolled for CFA designation (CFA institute) and Energy Risk Professional (GARP – Global Association of Risk Professional).
Liljana Alčeva is working as a Deputy Director of Programs, and is responsible for the program portfolio of HFH Macedonia. She develops and implements strategies and programs to improve housing conditions of low income families through microfinance, construction, housing support services, advocacy, promoting voluntarism and networking.
She has extensive experience in designing, programming, implementing and evaluating many development projects and programs in Macedonia and in the Balkan region. During her fifteen years of practice, she has been focusing on improving the position of marginalized groups, through education, direct aid and involving them in the decision making process, cooperating with numerous NGOs, state institutions and the business sector. Working as a trainer and consultant in project and organizational management, Liljana has led and conducted many capacity building initiatives in order to upgrade knowledge and skills of people in NGOs and in public sector. Before joining Habitat for Humanity, Liljana worked for the United Nations Development Programme (UNDP), Macedonian Centre for International Cooperation and in the corporate sector.
Liljana holds a master degree in Human Recourses Management, a specialization in Corporate Governance and internationally recognized certificates in Project and Organizational Management. Currently she is working on her doctorate in sociology, focused on measuring impact of improved housing in people’s life. She speaks Macedonian, English, Serbian/Croatian and Bulgarian.
Karine Mailyan serves as Program Director in Armenia, responsible for the overall management of programs and support of all operations of the organization at the national level. She coordinates the program in line with the strategy and objectives of HFH Armenia and in alignment with HFHI-ECA. Karine is responsible for developing, implementing and monitoring instruments and financial systems used for projects, nationally and internationally.
In her previous role as Housing Finance Manager she was responsible for the design and the creation of new loan products/models/projects for housing and housing policy, conducting monitoring and evaluation of housing finance projects, due diligence of potential financial partners, loan proposals and investigation of sources of external capital for funding housing finance projects.
Karine has more than 12 years of experience in microfinance and the banking sector. She worked as Head of Lending Department in a Credit Organization, as Renewable Energy Project Manager in a bank, and has strong experience in SME and Corporate Banking, impact assessment & reporting, and new products development. Prior to Habitat she worked for VTB Bank as Head of Banking Services & Products and Methodology Department where she was responsible for marketing, development and support of competitive banking products and methodology.
Karine graduated from Yerevan State University and holds a Master’s degree in International Economic Relations. She has participated in numerous trainings on legal, financial, banking, risk management topics, as well as Training of Trainers (ToT). Karine speaks English, Russian, Armenian (native) and basic French.