Chairman of the Board
Mr.Christov has more than 20 years experience in senior management positions. He was Chairman of the Board of Directors of Eurobank (1997 - 2000); Chairman of the Board of Directors of Starkom Holding (1996-2006); Chairman of the Supervisory Board of Euroins (2000 -2007); he is Chairman of the Board of Euro-Finance since 2006. Mr. Christov has been a Chairman of the Board of Eurohold since 2006. Mr.Christov holds a Master's degree in Physics from “Sv. Kliment Ohridski” University in Sofia and a Management Degree from the Open University – London.Mr. Christov is a Vice President of the Bulgarian Athletics Federation.
Mr.Christov is fluent in Russian and English.
Executive Director and Member of the Board
Mrs.Pateva has more than 13 years of experience in the field of insurance. In 2009, Mrs. Pateva started working at Euroins-Health Insurance as a statistician, and was later promoted to head of the Reporting and Actuary department. In 2017, Euroins-Health Insurance was transformed through a merger with EIG Re, as both companies are part of Euroins Insurance Group (EIG) Since 2016, Mrs. Pateva has been the Head of the Risk Management department at EIG, participating directly in the project to bring the company's systems and processes in line with the requirements of the Solvency II regime, as well as in other significant projects implemented within EIG - review of balance sheets of subsidiary insurance companies; a project to build an accounting department and others. As of November 14th, 2023, Mrs. Pateva is appointed Executive Director of EIG.
Mrs. Pateva holds a Bachelor's degree in Applied Mathematics and a Master's degree in Business Administration. She is a qualified actuary in the field of life insurance and has a professional certificate in management.
She is fluent in English.
Executive Director and Member of the Board
Mr. Danailov has over 20 years of experience in the insurance sector with a strong background in the reinsurance business. He started his career at Euroins Bulgaria as an actuary and was later entrusted the reinsurance business of the company. Since 2007 and establishment of Euroins Insurance Group, Mr. Danailov manages the whole reinsurance-related business and introduced for a first time in the Balkan region the concept of the captive intra-group structure. Also, in 2007 Todor Danailov was the leader of the first project where a company from Bulgaria started doing business in Western Europe (Spain) under the Directive for Freedom of Services after the accession of the country into the EU.
Mr. Danailov has been a member of the Management Board of National Bureau of Bulgarian Motor Insurers (NBBMI) 2007 – 2011, a member of the Supervisory Board of Euroins 2011 - 2014 and since 2006 is EIG manager for MTPL Reinsurance currently placing business for more than €650 million. As of August 1st, 2023, Mr. Danailov is appointed Executive Director of EIG.
Mr. Danailov holds a Master’s degree in Actuarial science from the Academy of Economics in Svishtov city and is a chartered actuary certified by the Bulgarian Financial Supervisory Commission (cert. 47-OA/12.03.2014).
He is fluent in English and Russian.
Group Chief Legal Officer and Мember of the Board
Irena Lalova has 17 years of experience in the field of insurance. Mrs. Lalova started her career as a legal consultant at Euroins Bulgaria in 2006. In the period 2013-2016 she was the Chief Legal Adviser, and in the period 2016-2020 she has been Director of the Legal Department of the company. In the period 2019-2023 Mrs. Lalova was an independent member of the Board of Directors of Euroins Bulgaria. Since November 2023 Mrs. Lalova is a member of the Board of Euroins Insurance Group and Group Head of Legal. Mrs. Lalova has extensive experience in civil, commercial, and administrative law.
Irena Lalova holds a Master’s degree in Law from Sofia University „St. Kliment Ohridski “. She is fluent in English and Russian.
Group Chief Finance and Risk Officer
Mr. Ivan Kostov has more than 13 years of experience in the fields of finance, banking and providing advisory services to corporate clients supporting growth, incl. optimization, access to finance, debt structuring and M&A. Mr. Kostov joined Euroins Insurance Group in 2023 as the Group Finance Director. Before joining the team, he held different positions as Director of corporate credit approval department in one of the largest Bulgarian banks -DSK bank ; Risk and finance consultant in one of the largest Bulgarian audit and accounting company – AFA, and Head of Technical Business Analysis in large multinational fintech company supporting institutional investors and large investment funds focused on the alternative assets space through implementation of customizable ERP product - Dynamo Software.
Mr. Kostov holds a Μaster's degree in Finance and Banking from Sofia University "St. Kliment Ohridski" in the city of Sofia. His educational background is in the fields of finance, business administration, mathematics, and IT. Mr. Kostov is a certified CFA® charter holder, FRM® professional and registered appraiser of businesses, real estate, and intangible assets.
Mr. Kostov is fluent in English.
Group Chief Compliance Officer
Mr. Vangel Spirov has more than 20 years of experience as Head of legal divisions and departments in various international banks. In 2001, Mr. Spirov started working as a lawyer in the banking field whereas in 2003 he was promoted as a Deputy Head and in 2005 as a Head of Legal Department of „HVB Bank Biochim“AD - subsidiary of „Bank Austria Creditanstalt“ AG.
Since 2006 Mr. Spirov has been appointed as a Head of Legal Division of „Piraeus Bank Bulgaria “AD, subsidiary of „Piraeus Bank Greece “S.A. where he was able to participate in significant banking projects (e.g., financing of the privatization of the „Navigation Maritime Bulgaria “ AD, the „European Trade Centre “AD, etc.). and in complicated litigation and insolvency cases.
As Head of Legal Division Mr. Spirov has managed for more than 14 years all legal functions of the bank including the „Litigation and Foreclosure Department “, „Corporate Loan Legal Department“ and „General Counsel Legal Department“ of the bank and the activities of the external lawyers.
From 2016 till 2019 г. Mr. Spirov was a Member of the Executive Bord of „Piraeus Bank Bulgaria“ AD. After the acquisition of „Piraeus Bank Bulgaria “AD by „Eurobank Bulgaria “AD, Mr. Spirov was appointed as a Head of General Legal Counsel Department of „Eurobank Bulgaria “AD where in the period between 2019 to 2023 he was responsible for managing the legal services of the branch network (197 branches), negotiations of the contractual terms with the IT – providers, acquisition, and transfer of properties of the bank etc.
Since September 2023 Mr. Spirov is appointed as a Head of Compliance of „Euroins Insurance Group “AD.
Mr. Spirov holds a Мaster’s degree in Law from Sofia University „St. Kliment Ohridski “and specialized commercial, contractual and banking law at the University of Hamburg and „Dresdner Bank “AG in Hamburg.
Mr. Spirov is fluent in English, German, Greek, Russian and French.