Fri, Feb 10 2012
ENCOURAGEMENT BANK
Francis Carpenter has joined the supervisory board of Encouragement Bank. Carpenter will assist the restructuring of Encouragement Bank and its transformation into Bulgarian Bank for Development. He started his career at City Bank in 1967 and worked in New York, Geneva and Paris in the field of investment surveys and portfolio management. In 1970, he started working at Banque Indosuez, before beginning consultancy business in Belgium. In 1975, Carpenter joined the European Investment Bank, becoming a general secretary in 1996. In 2002, he was appointed chief executive director of the European Investment Fund, where he stayed until March 2008. Carpenter graduated from Wadham College, Oxford, and holds a bachelor's degree in modern languages from Institut d'Etudes Politiques, Paris and New York's New School for Social Sciences.
SOMONI FINANCIAL BROKERAGE
Elisaveta Arsenieva is the new manager of Somoni Financial Brokerage Ltd. Arsenieva is a licensed securities broker, awarded by the Financial Supervision Commission. Previously, she worked as a bank services expert at SG Expressbank and at ProCredit Bank. Arsenieva also has many years of experience in different companies from the financial group of Somoni. Since 2007, she has managed the three contract funds of Somoni Asset Management. Arsenieva holds a bachelor's degree in economics and finance from Strasbourg's Louis Pasteur University.
GERMANOS TELECOM BULGARIA
Savina Gavrilova is the new marketing manager of Germanos Telecom Bulgaria. She started working at the company in 2007 as a brand manager. Before joining Germanos, Gavrilova worked at Piraeus Bank Bulgaria, Nestle Bulgaria and Eurapel Communications. She holds a master's degree in international relations from South-Western University Neofit Rilski in Blagoevgrad, and also studied international law at Brussels Free University.
AII DATA PROCESSING AND SEENEWS
Ilia Krustev has been appointed manager of AII Data Processing and SeeNews corporate wire. Krustev started his career at the company in 2000. He graduated in microbiology from Sofia University but acquired a professional qualification in global management and leadership during his work in a Bulgarian-Japanese project, which was a co-activity of Ritsumeikan Asia Pacific University and the University of National and World Economy in Sofia. Krustev also studied SME human resources development at Tokai University, Japan, and went through training within the European Commission for management of project funds emanating from the EU.
GLOBAL FINANCE BULGARIA
Ivailo Simov is the new director of Global Finance Bulgaria. Simov has more than 10 years experience in investments through share participation. In the period 1998 to 2002 he worked for Caresbac and Trans Balkan Fund. At the end of 2002 Simov joined Global Finance as an investment manager. He is also a member of the board of directors of TeleTek Group, Royal Potatoes, Onda and others. Simov graduated from Sofia University's economics faculty.
In the fourth quarter of 2011, the average monthly salary increased to 727 leva, 4.9 per cent higher than in Q3, the National Statistics Institute says.
For the first time in six months, global food prices rose overall in January 2012, the UN Food and Agricultural Organisation said.
The package will be discussed with the Association of Bulgarian Banks before the amendments are submitted to Parliament.
Debate at the half-day event will cover what has been achieved so far and what further can be done by the Bulgarian Government to support development of the market.
Selectivity, not popularity, is the driving force behind Sofia's most exclusive members' only club.

Lyubov Kostova was appointed country manager of British Council Bulgaria effective January 1, replacing Tony Buckby, who left in October 2011 to take a similar position at British Council Greece. Kostova has been with British Council Bulgaria for 11 years, as public communications manager and, since 2008, as the head of project and partnerships department. Prior to joining the British Council, Kostova was head of international activities at the National Academy for Theatre and Cinema Arts (NATFIZ). She has a degree in Indian studies from Kliment Ohridski Sofia University.

Stefan Apostolov is the new chief executive of CEZ Razpredelenie Bulgaria, the power transmission subsidiary of Czech energy company CEZ in the country. He replaces interim chief executive Ales Damm, who remains the chairperson of the CEZ Razpredelenie management board. Apostolov has 30 years of experience in the energy sector, joining CEZ in 2007 as director of customer service and was later appointed as head of business development. Apostolov has a master's degree in electric systems from the Belorussian National Technical University in Minsc, management diplomas from Open University London and New Bulgarian University, as well as a master's degree in business administration from Plovdiv University.

Valentina Dikanska is the new general manager of chemical industry giant BASF subsidiary in Bulgaria, taking over from Herbert Fisch, BASF vice president for Southeastern Europe. Dikanska, who started her career as an expert in the Finance Ministry, joined BASF Bulgaria as director of finance and administration in 2002. She becomes the first Bulgarian to hold the top management position in the company in its 40-year history on the Bulgarian market. Dikanska holds a master's degree in economics from the University for National and World Economy in Sofia.

Alexander Albin has been appointed chief executive of fuel distributor Rompetrol Bulgaria, replacing Nichita Sorin, who left to become chief executive of Rompetrol Gaz in Romania. Albin was previously chief executive of Rompetrol Georgia. He has more than 15 years of experience in the oil and gas industry; prior to joining Romania's oil group Rompetrol in 2008 as an adviser, he oversaw operations at Atyrau refinery in Kazakhstan, owned by Rompetrol's parent company KazMunaiGaz. He previously held top management positions at two other leading Kazakh oil and gas companies.