Sat, May 26 2012

Bulgarian Stock Exchange to change its board members

Wed, Dec 30 2009 14:30 CET

byDnevnik

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Bulgarian Stock Exchange to change its board members

Photo: Красимир Юскеселиев

Almost all directors of the Bulgarian Stock Exchange (BSE) are to be replaced at the BSE’s general shareholders’ meeting scheduled for January 20 2010.

At the request of Finance Minister Simeon Dyankov, BSE shareholders will vote on whether to terminate the terms of board members ahead of schedule and to replace them.

Two of the current Bulgarian Stock Exchange (BSE) directors will remain on the board but the number of members will be reduced from seven to five.

Dyankov’s proposal has been co-ordinated with the other shareholders for approval. The state is the BSE’s main shareholder, keeping 44 per cent of its capital.

The board will part ways with Bistra Ilkova, Viktor Papazov, Andrei Pramov, Todor Breshkov and Lyudmila Elkova, who represents the state.
Ivan Takev and Assen Yagodin will be re-elected.

The new candidates include Vassil Golemanski, Lyubomir Boyadjiev and Petko Shishkov.

Sources told Dnevnik that Ivan Takev will be the BSE’s executive director following the reshuffle. Petko Shishkov, a former journalist with experience as investment broker, is tipped as board chairman.

After pushing for a representative on BSE’s board for years, the Bulgarian Association of Licensed Investment Brokerages will finally get its way.

Once voted by shareholders, BSE’s new management will have to get the thumbs-up from Ralitsa Againe, deputy chairwoman of the Financial Supervision Commission (FSC).

Approached for comment by Dnevnik, she said Dyankov’s proposal was "just" and is therefore supported by the regulator.

Source: Dnevnik.bg

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Kamelia Lozanova has been appointed the executive director of the Employment Agency, a position she has held ad interim since September 2011, following the resignation of her predecessor Rossitsa Stelianova. Prior to that, Lozanova was the agency's deputy executive director in charge of international projects and European programmes. She has been with the agency for more than 20 years. Lozanova has a degree in Slavonic philology from the St Kliment Ohridski University of Sofia.

Uniqa

Uniqa

Gloria Dimitrova has been appointed executive director and member of the managing board at Uniqa Life Insurance Bulgaria. Dimitrova began her career in 1998 at the insurance supervision directorate, but moved to the private sector and worked for professional services and insurance brokerage firm Marsh&McLennan and US insurer AIG, both in Bulgaria and the Middle East. She joined Uniqa as regional director for Sofia in 2010. Dimitrova has a degree in economics from the University for National and World Economy in Sofia and a master's degree in insurance from the Business Academy in Svishtov.

Beiersdorf

Beiersdorf

Bedros Kalfayan, general manager of skin care and cosmetics company Beiersdorf Bulgaria, will oversee the parent's company units in Romania and Moldova starting April 1. Following company restructuring, Beiersdorf's subsidiaries in the three countries were merged and are now one unit, part of Beiersdorf Central and Eastern Europe. Kalfayan joined Beiersdorf in 2007 as sales manager and was promoted to general manager in 2008. Prior to that, he worked for Axxon Bulgaria, Ferrero and Rubella. Kalfayan has a master's degree in industrial management from the Technical University in Sofia.

Kamenitza

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Yassen Lyubenov is the new head of marketing at Bulgarian beer brewer Kamenitza. Lyubenov has 12 years of experience in marketing in the fast-moving consumer goods sector and has started his career as assistant brand manager at Kraft Foods Bulgaria. He later became brand manager at Wrigley Bulgaria, with responsibilities for Bulgaria and Macedonia. Prior to joining Kamenitza, he was senior marketing manager at Wrigley Russia, where he was in charge of brand expansion into Ukraine, Belarus, Central Asia and the Caucasus. Lyubenov has a bachelor's degree in international business administration from the University of Lincoln, UK.

Hewlett-Packard

Hewlett-Packard

Sasha Bezuhanova has been appointed Hewlett-Packard public sector director for emerging markets, where she will oversee HP public sector activities in 63 countries, including Bulgaria. Bezuhanova will also be in charge of HP's relations with the European Union. Bezuhanova has been HP's public sector director for Central and Eastern Europe since 2008; before that she was general manager of HP Bulgaria since 1998. Bezuhanova has a master's degree in electronics from the Technical University in Sofia and has completed a managment programme at INSEAD.

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