First Investment Bank

Dimitar Kostov – Chairman of the Managing Board and Executive Director

Mr. Dimitar Kostov joined Fibank’s team in 2003 as a specialist in the "Risk Management" Department. Soon after that he was promoted to head of "Evaluation of risk exposures" Division. From 2004 to 2007 he was a deputy director of “Risk Management” Department, and from 2007 to 2011 he was a director of "Risk Management" Department. In 2010, Mr. Kostov has been elected as a member of a Managing Board of Fibank, and in the beginning of 2011 he was appointed as a Deputy Executive Director. Since the end of 2011 Mr. Kostov has been an Executive Director of the Bank and since the beginning of 2012 has been elected Chairman of the Managing Board of the Bank.

Previously, Mr. Kostov had worked as a manager "Customer relations" at Raiffeisenbank (Bulgaria) EAD and in United Bulgarian Bank AD as a senior bank officer "Large Corporate Clients". He holds a Master’s degree in Business Administration from the Sofia University "St. Kliment Ohridski". Mr.Kostov is a CFA charterholder.

In the Bank he is responsible for the Corporate Banking Department, the Management of Loan Portfolios of Foreign Branches and Companies Department, the SME Lending Department, the Treasury Department and the Sales Department.

Besides his position in the Bank, Mr. Kostov is also a member of the Supervisory Board of UNIBank, Republic of Macedonia.

Vassil Christov - Member of the Managing Board and Executive Director

Mr. Vassil Christov joined Fibank in 2001 as a head of the "Mortgage loans" Division. From 2002 he was a director of "Retail banking" Department, and from 2005 to 2010 he was a director of "Branch network Department". In 2010 Mr.Christov was elected as a member of the Managing Board of Fibank, and in beginning of 2011 was appointed as a Deputy Executive Director. Since the end of 2011 Mr. Christov has been an Executive Director of the Bank.

Previously, Mr. Christov had worked as a senior credit officer of "Large corporate customers" at United Bulgarian Bank AD. He holds a Master’s in accounting and control from the University of National and World Economy in Sofia.

In the Bank he is responsible for the Retail Banking Department, the Branch Network Department, the Administration Department, the Marketing, Advertising and PR Department, the Private Banking Department, the Organization and Control of Customer Service Department and the Vault.

Besides his position in the Bank, Mr. Christov is also a Chairman of the Managing Board (Steering Council) of the First Investment Bank – Albania Sh.a. and a member of the Board of Directors of Diners Club Bulgaria AD. Mr. Christov is a member of the Board of Directors of Medical centers FiHealth AD and Medical centers FiHealth Plovdiv AD.

Svetoslav Moldovansky - Member of the Managing Board and Executive Director

Mr. Svetoslav Moldovansky joined Fibank in 2005 as a director of "Specialised internal control service". From 2007 to 2008 he was a Chief Executive Officer of "First Investment Bank – Albania Sh.a". From 2008 to 2010 he held a position as a director of "Operations" Department. In 2010 he was elected as a member of the Managing Board of Fibank, and in the beginning of 2011 he was appointed as a Deputy Executive Director. Since the end of 2011 Mr. Moldovansky has been an Executive Director of the Bank.

Previously, Mr. Moldovansky had worked as a manager "Management of the corporate risk" at KPMG Bulgaria OOD and as a senior auditor at Deloitte&Touche (now Deloitte), Bulgaria. He holds a Master’s in Finance from the University of National and World Economy in Sofia. Mr. Moldovansky is certified auditor from the Information Systems Audit and Control Association (ISACA), USA.

In the Bank he is responsible for the Operations Department, the Card Payments Department, the E-banking Department, the Gold and Commemorative Coins Department, Human Capital Management Department and the Security Department.

Besides his position in the Bank, Mr. Moldovansky is also a member of the Audit Committee of First Investment Bank – Albania Sh.a., a member of the Supervisory Board of UNIBank, Republic of Macedonia, a member of the Supervisory Board of Casys International, Republic of Macedonia, a member of the Board of Directors of Diners Club Bulgaria AD a chairman of the Board of Directors of Balkan Financial Services EAD. Mr. Moldovansky possesses more than 10% of Next DC OOD and more than 10% of the capital of Club 12 OOD.

Stanislav Bozhkov - Member of the Managing Board and Deputy Executive Director

Mr. Stanislav Bozhkov joined Fibank’s team in 2004 as a methodologist in the "Methodology" Department. Soon after that he was promoted to head of "External institutions" Division, and from 2005 to 2007 he was a deputy director of the "Methodology" Department. From 2007 to 2010 he was a head of "Market risk" division in the "Risk Management" Department. In 2010, Mr. Bozhkov has been elected as a director "Specialized internal audit service". In May 2011, Mr. Bozhkov has been elected as a member of a Managing Board of Fibank and appointed as a Deputy Executive Director.

Previously, Mr. Bozhkov had worked as an economist at the "Balance of payments" department at the Bulgarian National Bank. He holds a Bachelor’s degree in Marketing and Management from the University of Economics in Varna, a Master’s degree in Economics from the Central European University in Budapest, Hungary. Mr. Bozhkov is a CFA charterholder.

In the Bank Mr. Bozhkov is responsible for the Risk Management Department, the Loan Administration Department, the Specialized Monitoring and Control Department, the Impaired Assets and Provisioning Department, the Methodology Department and the Legal Department.

Besides his position in the Bank, Mr. Bozhkov is also a member of the Managing Board (Steering Council) of the First Investment Bank – Albania Sh.a. and a member of the Board of Directors of Balkan Financial Services EAD.

Maya Oyfalosh - Member of the Managing Board and Director of Management of Loan Portfolios of Foreign Branches and Companies Department

Mrs. Maya Oyfalosh joined the Bank in 1993 as a credit specialist. Later she was promoted to a Director of "Analysis of Corporate Loans" and elected as a member of the Credit Council of the Bank. In 2004, Mrs. Oyfalosh was appointed Director of Corporate Banking Department and elected as a member of the Managing Board. In the beginning of 2011 she has been appointed as a Director of "Мanagement of Loan Portfolios of Foreign Branches and Companies" Department and is a member of the Managing Board of Fibank.

Previously, Mrs. Oyfalosh had worked as a department director at First West Finance House and as a credit specialist at First Private Bank.

Mrs. Oyfalosh does not hold outside professional positions.