Strong financial background with Executive MBA; ** years of production, private equity and banking experience.

CFO in 3 multinational manufacturing companies /24 hours, 7 days a week/ in the last 15 years.

CEO /keeping the CFO designation/ of a global Swedish bearings producer branch in Bulgaria /SOX based, ISO/TS 16949, 6Sigma oriented/ managing 3 production plants with 100 million USD turnover and 1700 people.

Serious experience working with International Intergovernmental Financial Institutions like the EBRD /European Bank for Reconstruction and Development/ and IFC/ International Finance Corporation, part of the World Bank/.

Managing the due diligence process in 2005 in an M&A deal by a strategic investor – Mondi.

Project Manager of SAP implementation and Integration Manager in a newly acquired company.

Personal contribution to EBIT by initiating and managing strategic projects, total profit is 35,5 million USD.

Employer of the Year Award in 2014 by the Minister of Labor and Social Policy.

Ranked among Top CEOs by Manager Magazine in 2015 due to excellent education, experience and reputation.

Experienced in legislative and regulatory matters as well as lobbying.

Global outlook: proficient in 5 languages and experience in CEE, Europe, US.

EXPERIENCE

June 2012 – June 2015 SKF Bearings Bulgaria

Sopot, Bulgaria Managing Director, Country Manager Bulgaria

Organization, coordination and management and governance of the total activity of the 3 company production sites in Karnare, Sopot and Kalofer, total 1700 employees.

Represent the company before any municipality or governmental authorities and third parties.

Approve the rules, procedures, general terms and conditions and agreements of the Company.

Supervise the production and sales activities of the legal unit.

Manage corporate investments and factories growth.

Control for the full compliance with Bulgarian legal requirements as well as SKF Group rules and regulations.

Direct supervision on all 6Sigma activities and projects.

HR, talent management and training. Negotiating with trade unions and workers councils.

Legally responsible for keeping safety rules and standards to avoid labor accidents.

Total realized incomes and savings from personal initiatives amount to 2,5 million EUR.

June 2009 – June 2012 SKF Bearings Bulgaria

Sopot, Bulgaria Chief Financial Officer

Organization, coordination and management of total activity of the Accounting, Purchasing, Administration, Legal and IT departments of the company.

Monthly and annual preparation of Balance sheet and Income statement of the legal unit.

Supervising Property Damage/Business Interruption/Machinery Breakdown insurance.

Company budget preparation, Cash Flow control and analysis.

Internal Control Coordinator /SOX based/. Responsible for the legal activities of the company.

Cash Pooling with SKF Group Treasury has been successfully implemented via Deutsche bank and approved by Bulgarian Tax Authorities.

Implemented successful tax management change resulting in 1 million EUR tax savings for the period 2009-2012.

Centralizing all common purchasing activities of the 3 production sites to gain competitive advantage on the market. Annual savings amount to 100 thousand EUR.

April 2003 – June 2009 Mondi Stambolijski

Stambolijski, Bulgaria Chief Financial Officer and Procurator

Managing Accounting, Purchasing, Administration, Legal, Wood procurement, IT departments.

Monthly and annual preparation of the Balance sheet and P&L statement.

Management of Corporate Income Tax Holiday requirements fulfilment.

Supervising Property Damage/Business Interruption/Machinery Breakdown insurance.

Managing the financial part of the Capex – major capital investments of the mill.

Preparation of the company budget for next year. Cash Flow control and analysis.

Relations with local banks and International Financial Institutions for Working capital/Investment loan facilities.

I convinced the Government of VAT issue on CO2 Emission Reductions Purchase Agreement with the Dutch Government - CO2 deals through EBRD are VAT exempt.

Responsible for the due diligence process in 2005 prior to the acquisition by Mondi Packaging.

Responsible for the Finance and IT integration with Mondi.

Implemented successfully Cash Pooling and Central Hedging schemes with Mondi.

Preparation of 18-month cash flow projection, Outlooks and Budget for next year.

Appointed as Local Competition Compliance Officer. Responsible for the legal activities of the company.

Project Manager of SAP implementation. Project finished successfully and launched on time.

Appointed as Procurator of the company in October 2007.

Under my initiative the company started and finalized a deal for selling green energy to the state. This has a continuous positive impact on EBIT of appr. 10 million USD per year.

January 2001 – April 2003 Drujba Glassworks

Plovdiv, Bulgaria Chief Financial Officer

Managing full scope of activities of Accounting, Purchasing, Warehouse and IT departments.

Monthly and annual preparation of the Balance sheet and P&L statements.

Company budgets preparation. Cash Flow control and analysis.

Day-to-day relations with banks, suppliers and customers of the company.

Responsible for current relations with the mother company abroad.

Representing Yioula Group activities in Bulgaria in connection with the IPO on the Athens Stock Exchange.

Project Manager of the merger between Stind, Sofia and Drujba together with Legal advisors.

Newly appointed CFO of the new company Drujba after the merger.

Preparation for the implementation of the new ERP system in the 2 factories – JD Edwards.

May 1996 – January 2001 Private Equity Fund

Plovdiv, Bulgaria Chief Financial Officer and Head of Dealing Operations

Organizing the dealing office operations. Managing the commercial activities of the equity fund.

Trading with currency futures and options on the regulated US exchanges /CME, NYMEX etc./

October 1992 – May 1996 Balkan Bank

Sofia, Bulgaria Director of International Credit Relations Department

Managing discount operations with the Bulgarian National Bank.

Managing International credit lines of Balkan Bank.

Account manager of the institutional clients of Balkan Bank:

PHARE program for nurses; PHARE telecommunications program

EBRD loan for the General Road Administration; EIB loan for the General Road Administration

Member of the Loan Committee of Balkan Bank on behalf of the International Division.

Introducing Forfeiting operations of the bank. Working with S.W.I.F.T. financial system

Export collections, export Letters of Credit and Letters of Guarantee.

EDUCATION

November 2012 - October 2013

SKF Finance Executive Program, University of Gothenburg, School of Business, Economics and Law

Strategy, Strategy Implementation, Business Control, Influencing People, Change and Risk

Management, Serving the Customer

January 2010 - May 2011

Executive Masters of Business Administration, American University in Bulgaria-US accredited institution

January 2010 - May 2011

Masters in International Economic Relations, Economic University, Sofia, Bulgaria

March 2003 - March 2003

International Capital Markets, Oxford University, Oxford, UK

September 1989 - November 1992

Masters in International Relations, Economic University, Sofia, Bulgaria

May 1991 - August 1991

Institute on Comparative Political and Economic Systems, Georgetown University, Washington D.C., USA

September 1987 - September 1989

Industrial Management, Economic University, Sofia, Bulgaria

LANGUAGES:

Fluent: English, Russian and Bulgarian; Intermediate: Macedonian, Serbo-Croatian, Ukrainian; Basic: Spanish

EMPLOYMENT ELIGIBILITY: European Union /EU passport holder/

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