In September 2024, French President Emmanuel Macron appointed Armand as Minister of the Economy, Finance and Industrial and Digital Sovereignty.

[1] He is the great-grandson of engineer, senior civil servant and French Resistance fighter Louis Armand (1905-1971), former Chairman of the SNCF, France's national state-owned railway company.

In 2015, he obtained a research master's degree in international relations at the Sorbonne (2013-2015), on the German responsibility for the Armenian genocide.

After another exam, he entered the École nationale d'administration (class of Georges Clemenceau, 2017-2018), a school training future senior civil cervants (many of them also become ministers, bankers, and Presidents).

He was elected to the National Assembly in the 2nd constituency of Haute-Savoie in 2022, after incumbent Jacques Rey chose not to run for a full term.