The Supervisory Board of UniCredit Bulbank has today approved the appointment of Tzvetanka Mintcheva as a new Chairperson of the Management Board and CEO of UniCredit Bulbank, subject to approval by Bulgarian National Bank and official registration in the Trade Registry.

After receiving all regulatory approvals and entering in the company file of the bank in the Trade register, Tzvetanka Mintcheva will formally start the new position. 

Tzvetanka Mintcheva, currently Deputy CEO in UniCredit Bank Romania, will replace Teodora Petkova, who in the beginning of May was appointed as a Head of UniCredit with responsabilities for Eastern Europe - Bosnia and Herzegovina, Bulgaria, Croatia, Romania and Serbia, and joint responsibility for Russia.  Until the registration of the appointment of Tzvetanka Mincheva in the Trade register, Teodora Petkova will execute both the positions, as a Chairperson of the MB, Chief Executive Officer of UniCredit Bulbank and as a Head of UniCredit for Eastern Europe.

 “I am very pleased that Tzvetanka is taking over a new role after successfully managing top managerial positions within UniCredit both in Bulgaria and Romania, always demonstrating strong commitment and being result-driven”, commented Teodora Petkova, Head of UniCredit for Eastern Europe.

“She is an experienced leader in the financial sector, has a deep knowledge and understanding of the business and the right leadership skills to continue the success of UniCredit Bulbank. I am happy to welcome her back home in the new capacity and delighted that she has been selected from our internal succession pool, which demonstrates our continued commitment to the development of our people and confirm our attention to diversity and gender balance.”

---

Tsvetanka Mintcheva

Tzvetanka Mintcheva started her career at UniCredit in 2001, in the Retail Division of Bulbank Bulgaria, moving through a wide range of roles during her early years, from various execution and managerial functions within the Retail network and head office team. Since 2007, Tsvetanka has been involved in the coordination and development of alternative distribution channels, being recognized for her significant contribution and the introduction of innovations in Retail and other areas of the bank.  

In September 2013, she was appointed to lead the Retail Division, becoming a Board Member, and in 2017, she took over the GBS Division within UniCredit Bulbank coordinating the delivery team of the largest Bulgarian bank and successfully implementing multiple strategic and transformation projects.

Since July 2020, she holds the position of Deputy CEO of UniCredit Bank Romania. Tzvetanka Mintcheva has a degree in economics and an MBA in international business. 

---

About UniCredit Bulbank

Servicing more than one million clients UniCredit Bulbank is the leading bank on the Bulgarian market as number one in terms of assets (24.8 bil BGN), deposits (19.7 bil. BGN) and  corporate Loans (8.7 bil BGN) as of end March 2021.

The bank is part of UniCredit, a simple successful Pan European Commercial Bank, with a fully plugged in CIB, delivering a unique Italy, Germany, Central Europe and Eastern Europe network to its extensive client franchise.

UniCredit offers both local and international expertise to its clients, providing them with unparalleled access to leading banks in its 13 core markets through its European banking network: Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia, Slovenia.

Leveraging on an international network of representative offices and branches, UniCredit serves clients in another 16 countries worldwide.

---

Additional media information:

Ekaterina Ancheva, tel +359 894 518 193 , flbufsjob/bodifwbAvojdsfejuhspvq/ch