About the company

About the company

Pension Insurance Company UBB EAD

Management structureCapitalShareholders of the Fund and% participation
Management Board:
Nikolay Stoykov - Chairman
Anastas Petrov - Executive Director 
Maya Ruseva - Member of MB 
Elitsa Zancheva - Member of MB
Veneta Manova - Member of MB
8 700 000 BGN
100% DZI – Life Insurance EAD

Management structure of the Board of Trustees of Universal Pension Fund (UBB) and Professional Pension Fund (UBB) and the Advisory Board of Voluntary Pension Fund (UBB) can be seen at the bulgarian version of website. 

Contact person with the Board of Trustees of UPF UBB and PPF UBB and the Advisory Board of DPF UBB is Sofiya Mikutseva, tel. 02/960 8541.

CEOs

NamePositionPhone numberE-mail
Nikolay Stoykov Chief Executive Officer +359 (02) 960 8444 nikolay.stoykov@nnbulgaria.com
Аnastas Patrov Executive Director +359 (02) 960 8444 anastas.petrov@nnbulgaria.com

For more information: Customer Contact Center: 0800 11 464

Department Name Phone number
Corporate Sales Ivelina Koseva +359 (02) 960 8473
Marketing Krasimir Marinov +359 (02) 960 8442
Finance and Risk Veneta Manova +359 (02) 960 8410

Management Board

Nikolay Stoykov

Chief Executive Officer of Pension Insurance Company UBB EAD

Nikolay Stoykov is the Chief Executive Officer of Pension Insurance Company UBB EAD and has had many years of experience in the management of both banking and non-banking financial services businesses in the country. Не started and worked in the first years of his career consecutively at the Ministry of Finance, Bulbank and Xiosbank. In the period from 1994 till 2001 he was director of Financial Markets at ING Bank Bulgaria. The next step in his career has been as CEO of NN Pension Insurance and NN Life Insurance companies in Bulgaria since their establishment in 2001 and 2006 respectively. Following the acquisition of the business of NN in Bulgaria by KBC in 2021, he continued to lead the pension business, already under the new brand, Pension Insurance Company UBB. He graduated from the University of National and World Economy with a degree in International Economic Relations. His professional development has been supported by a number of trainings and specializations in Amsterdam, London, New York, Athens. In 2006, he completed a two-year senior management program at CEDEP (INSEAD), France. Nikolay Stoykov is a member of the Board of Directors of Junior Achievement Bulgaria.

Аnastas Patrov

Deputy Chairman of the Management Board and Executive Director of Pension Insurance Company UBB EAD


Anastas Petrov has been Executive Director of NN Pension Insurance Company since September 2009 and Chief Sales Officer of NN Life Insurance Company since January 2012. He began his career at NN Pension Insurance Company in April 2003 as Head of Investment Management Department. Anastas Petrov has considerable experience in the financial field from his work at CIBANK in Sofia, where he led the Treasury Department and the Corporate Clients Department. Anastas Petrov is a member of the Board of Bulgarian Association of Supplementary Pension Security Companies (BASPSC) and the Investment and Capital Markets Committee of the same association. He graduated from the University of National and World Economy in Sofia, majoring in Business Administration. He also holds a Bachelor's degree in European Business Administration from the University of Lincolnshire and Humberside (ULH) in the United Kingdom.

Elitsa Zancheva

Head of Tied-Agents Structure of NN Pension Insurance Company


Elitsa Zancheva started working at NN Pension Insurance in 2007 as manager of the Business Development Department. Since September 2009, she has been appointed as Head of Sales Department. Since July 2015, she has taken the position of Head of Tied-Agents Structure of NN Pension Insurance and NN Life Insurance. Elitsa Zancheva started her career in the financial sector at United Bulgarian Bank, and subsequently continued at Raiffeisen Bulgaria, where she held the position of Manager of mobile bankers network and Head of Raiffeisen Property. She graduated from the University of National and World Economy in Sofia and holds a Master’s degree in Finance.

Maya Ruseva

Head of Legal and Compliance Department of Pension Insurance Company UBB EAD


Maya Ruseva started working at NN Pension Insurance in 2002 as a lawyer of the company. Since 2006, she has been Head of the Legal and Compliance Department at NN Life Insurance Company and since 2007 she has been a member of the Board of Directors of NN Pension Insurance Company. She began her professional career at the Privatization Agency, where from 1997 to 2002 she worked as a Chief Expert in the Legal Directorate. She graduated law at Sofia University "St. Kliment Ohridski”. She has held a specialized training at the Adam Smith Institute in London. In 2012 and 2018, she participated in projects related to the compliance function for Natinaonale-Nederlanden Spain and NN Group.

Veneta Manova

Chief Finance and Risk Officer of Pension Insurance Company UBB EAD

Veneta Manova started her career in NN in 2007 as Operational Risk Manager at ING Insurance Bulgaria. Previously, she worked as Internal Auditor at ING Bank and Piraeus Bank. She graduated from the University of National and World Economy with Master’s degrees in International Economic Relations and Accounting and Control, respectively. In 2010, she became a Certified Internal Auditor by the Institute of Internal Auditors (IIA) in the USA. Also, she holds a Certificate in Control Self-Assessment issued by the IIA, USA. During the period May 2015 – July 2021 Veneta was Chief Risk Officer of NN Pension Insurance and NN Life Insurance companies in Bulgaria. Since August 2021 she has been appointed as Chief Finance and Risk Officer of Pension Insurance Company UBB.

Supervisory Board

Kosta Cholakov

Chairman of the Supervisory Board of Pension Insurance Company UBB EAD

Kosta Cholakov was appointed as the Chairman of the Supervisory Board of NN Pension Insurance Company EAD as per 09 August 2021. He has been Management Board Chairman and Chief Executive Officer of DZI since 2013. Kosta Cholakov started his career in Interamerican Insurance Company. In 1999 he became Claims Handling 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.

Tatyana Ivanova

Deputy-chairman and independent member of the Supervisory Board of Pension Insurance Company UBB EAD

Tatyana Ivanova was appointed as а member of the Supervisory Board of Pension Insurance Company UBB EAD as per 09 August 2021. She is Member of the Country Team of KBC Group for Bulgaria, Member of the Management Board of UBB, Executive Director “Marketing and Distribution – Retail Banking” of UBB. Tatyana Ivanova started her career 20 years ago in Société Generale and built since then a broad and international career in various subsidiaries of the Group. She was, amongst others, Retail Director in the Republic of Macedonia, worked several years as Head of Sales promotion in Russia, as Marketing manager in the HQs Paris, as well as Head of Marketing and Digital banking in Société Generale, Bulgaria. As of the beginning of November 2018 until taking the position of a Management Board Member and Executive Director “Marketing and Distribution – Retail Banking”, she is Director of Retail Marketing and Digital Sales Directorate in UBB. Tatyana holds EMBA from HEC-Paris.

Prof. Dr. Grigor Dimitrov

Member of the Supervisory Board of Pension Insurance Company UBB EAD

Prof. Dr. Grigor Dimitrov was appointed as а member of the Supervisory Board of Pension Insurance Company UBB EAD as per 09 August 2021. He is a lecturer at the Higher School of Insurance and Finance. Prof. Dr. Grigor Dimitrov is a member of the Academic Council. He has higher technical and higher economic education. Doctor of Economics. Professor. He has experience as Chief Executive Officer and Deputy Chief Executive Officer of a Pension Insurance and Health Insurance Company. He is Chief Director in „Insurance Relations“ at the Bulgarian Industrial Association. He is a member of the Supervisory Board of the NHIF. Member of the Commission for Social Security Relations at the National Council for Tripartite Cooperation (NCTC). Prof. Dimitrov is author of more than 70 publications on labour issues, labour relations, pensions, and health insurance, and he is the author of two independent monographs and a textbook on health insurance. He is a member of the editorial board of the „Labour Issues“ magazine. He was awarded a prize „For a Total Contribution to the Development of Bulgarian Insurance“ by the Veleslav Gavriiski Foundation.

Last update: 09.08.2021