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Management board
of "DZI - General Insurance" EAD and "DZI Life Insurance" EAD
Kosta Cholakov
Kosta Cholakov has been Management Board Chairman and Chief Executive Officer of DZI since 2013.
He started his career in Interamerican Insurance Company. In 1999 he became Claims Handing Manager at Interamerican Bulgaria, and over the 2001 - 2013 period he was Executive Director of Interamerican Bulgaria - Insurance Company and of Interamerican Bulgaria – Life Insurance.
In the period 2011-2019 he was Management Board Member of the Association of Bulgarian Insurers (ABI), and currently holds a membership position in the Board of Trustees of the National Academy for Theatre and Film Arts (NATFA).
He obtained his BA degree in law in 1996 from the Faculty of Law and Economics at the Aristotle University of Thessaloniki, Greece, and his MA degree in law at Queen Mary & Westfield College, University of London, in 1997.
Mr. Cholakov is fluent in English and Greek.
Bistra Vassileva
Bistra Vassileva is the Executive Director for General and Corporate Insurance of DZI, part of KBC Group.
She holds a MA degree from the University of National and World Economy, as well as an insurance diploma from the Chartered Insurance Institute.
Her professional career started at AIG, went through Marsh & McLennan Companies, and since February 2018 she has been a member of DZI Management Board.
Alexander Peev
Alexander Peev is Executive Director Life Insurance and Bancassurance and Member of the Management Board of DZI, part of KBC Group.
Alexander Peev is Executive Director Life Insurance and Bancassurance and Member of the Management Board of DZI, part of KBC Group.
His career path involves managerial positions in Orel AD Insurance Company, and since Y2005 he has been part of the DZI Team. At DZI Mr. Peev has consecutively held positions, such as Expert, Head of Life Insurance Products Directorate, Regional Sales Manager for Sofia, and since 2013 he has taken over the key role of Director Sales and Network Development at DZI.
Mr. Peev obtained his Master’s degree in Y2004 from the University of National and World Economy and has specialized in Driving Digital Marketing with INSEAD – The Business School for the World.
Since Y2023 Mr. Peev has been Executive Director Life Insurance and Bancassurance and Member of the Management Board of DZI. He is fluent in English and Russian languages.
Diyana Stoinova
Diyana Stoinova is Member of DZI Management Board and DZI Chief Commercial Officer.
Her professional path passed through managerial positions in Yupiter Insurance Company AD and Orel Insurance Company AD.
She joined DZI team in 2004, holding consecutively managerial positions as Head of Financial Risks and Liabilities Department, Motor Insurance Acquisitions Director, Financial Risks and Liabilities, and Director of Corporate Clients and Public Procurement.
Since October 2013 Diyana Stoinova is Chief Commercial Officer, Member of DZI MB.
She holds two Master’s Degrees - one at the Technical University, Sofia city (1993) in Computer Systems and Management, and another - at the Academy of Economics, Svishtov town (2004) in Insurance; she specialized in Swiss Re and Financial Management at the University of National and World Economy, Sofia.
Over the period 2010 - 2014 she was Member of the Management Board of the Guarantee Fund and Member of the ABI Motor Insurance Commission.
She is fluent in English and Russian.
Supervisory board
of "DZI - General Insurance" EAD and "DZI Life Insurance" EAD
Isabel Boogers
Since 2022 Isabel Boogers is Deputy Chairperson of the Supervisory Board of DZI – General Insurance JSC and of DZI Life Insurance JSC, part of KBC Group.
Since 2022 Isabel Boogers is Deputy Chairperson of the Supervisory Board of DZI – General Insurance JSC and of DZI Life Insurance JSC, part of KBC Group.
She holds a master’s degree from the Catholic University of Leuven, with major in Finance, as well as a post-graduate degree in insurance.
She has worked for PWC, JP Morgan, Mc Kinsey and the Ageas Group.
At the Ageas Insurance Group, she worked for 19 years in various positions: Head of Performance Management, Chief Strategy Officer, M&A and finally director for the Business Coordination in Europe.
Currently she works for the KBC Group as General Manager Insurance.
Peter Andronov
In 2021 Peter Andronov joined the Executive Committee of KBC Group as executive director and CEO Business Unit International Markets, thus assuming responsibility for the Group’s business in four of its core markets – Bulgaria, Hungary, Slovakia and Ireland. Within his new assignment Mr. Andronov became also responsible for KBC Asset Management and hence Chairman of its Board of Directors. In 2021 he also took over the Chairmanship of the Supervisory Boards of DZI General Insurance and DZI Life Insurance, and similarly for the entities of the Group in the other three countries.
In 2021 Peter Andronov joined the Executive Committee of KBC Group as executive director and CEO Business Unit International Markets, thus assuming responsibility for the Group’s business in four of its core markets – Bulgaria, Hungary, Slovakia and Ireland. Within his new assignment Mr. Andronov became also responsible for KBC Asset Management and hence Chairman of its Board of Directors. In 2021 he also took over the Chairmanship of the Supervisory Boards of DZI General Insurance and DZI Life Insurance, and similarly for the entities of the Group in the other three countries.
Peter Andronov’s career path involves series of positions in the BNB and in the private banking sector. During 2002 – 2007 he was Chief Director Banking Supervision Department at the Bulgarian National Bank. During his term he led the elaboration of key currently effective legislative acts on banking regulation and supervision, including the Credit Institutions Act, the Act on the Additional Supervision on Financial Conglomerates, the BNB regulatory ordinances, guidelines etc. From 2003 until May 2007 he was Member of the Management Board of the Reserve Guarantee Fund. He was also member of the BNB Investment Committee. Over the period 2005–2007 Peter Andronov was observer and member at the European Banking Committee and at the Committee of European Banking Supervisors of the European Commission. At the same time he was also an observer and member of the Banking Supervision Committee at the European Central Bank. On behalf of the Bulgarian authorities he led the negotiations in the domain of banking for Bulgaria’s accession to the European Union.
Peter Andronov’s career at KBC Group started in July 2007 when he was appointed Executive Director/CRO of CIBANK. Later in March 2008 he became CEO of the same bank. As from the acquisition of UBB by the Belgian financial group KBC in June 2017 up until May 2021 Peter Andronov was Chairman of the Management Board and CEO of UBB AD(created out of the merger between CIBANK and former UBB).
From March 2011 till May 2021 Peter Andronov also acted as Country Manager of KBC Group for Bulgaria.
Over the period 2008 - 2021 Peter Andronov was Member of the Management Board of the Association of Banks in Bulgaria, serving two mandates as its Chairman – from 2015 til 2018 and from 2018 until 2021.
From 1995 till 2016 Peter Andronov has been lecturing during different periods at the UNWE, at the High School of Insurance and Finance and at New Bulgarian University/the International Banking Institute. Since 2017 he is member of the Board of Trustees of the University of National and World Economy, and from 2020 of Sofia University St. Kliment Ohridski as well..
Peter Andronov is five-times winner of the Banker of the Year award, as well as of the Manager of the Year and Burov Prize for bank management, Mr. Economy and many others. In 2015 he was decorated an Officer of the Order of the Crown of the Kingdom of Belgium.
Assoc. Prof. Grigorii Grigorii Vazov, PhD
Assoc. Prof. Grigorii Vasov, PhD has been Rector of the Higher School of Insurance and Finance (VUZF) since 2008. In 2016 the WUZF Board of Trustees awarded him with the President and Rector Emeritus honorary title. He was VUZF President from 2005 to 2017 and Chairman of the Board of Trustees from 2002 to 2017.
He is Executive Director of the VUZF Research and Development Laboratory (VUZF LAB) and General Secretary of the High School Rectors’ Council in the Republic of Bulgaria.
Since 2015 he has been Member of the Supervisory Board of DZI - General Insurance JSC and DZI - Life Insurance JSC, part of KBC Group.
In 2015 he was elected Member of the Fiscal Council of Republic of Bulgaria. Between 1998 and 2010 he was Dean of the Finance and Accounting Faculty with the University of National and World Economy.
Since 1994 he has been Managing Director of Vazov Institute EOOD.
From 1991 to 1994 he held the positions of Advisor to the Minister and Deputy Minister of the Ministry of Industry, Commerce and Services. He was Member of the Board of Directors of the International Bank for Economic Cooperation, the International Investment Bank and the Bank Consolidation Company.
His scientific interests are in the field of Macro-Economics, Finance Theory, Corporate Finance, Management Theory. He has authored more than 100 scientific publications, including a monograph, three text books, a series of studies, articles, contributions, reviews, R&D works.
He is an Honorary Citizen of Sopot Municipality.
