Board of Directors

State Consolidation Company EAD is a commercial company with a one-tier management system, governed by a Board of Directors. The Company is represented to third parties by an Executive Director who organises and manages its operational activities. The Board of Directors is composed of five members elected after a competition, in accordance with Article 21 of the Public Enterprises Act (promulgated by the Act on the Public Enterprises of the Republic of Bulgaria, no. 78 of 8 October 2019, as amended and supplemented by SG 11 of 9 February 2021).

Krasimir Tenev

Chairman of the Board of Directors

Krasimir Tenev graduated in law from Burgas Free University and has been a lawyer at the Sofia Bar Association since 2004.

He practices in the field of corporate, commercial, property and contract law.

Member of the Board of Directors of State Consolidation Company EAD since September 2016.

Yassen Spasov

Executive Director
Vice chairman of the Board of Directors

Yassen Spasov holds a Bachelor’s degree in Business Administration from New Bulgarian University and a Master’s degree in Organization and Management of Corporate Security from Georgi Stoykov Rakovski Military Academy. He also holds a professional qualification in Financial Management from the University of National and World Economy.

He has experience in asset, process and team management as well as in restructuring of commercial companies.

Member of the Board of Directors of State Consolidation Company EAD since December 2015.

Raya Kanazireva

Executive Director
Member of the Board of Directors

Dr. Raya Kanazireva is a Senior Assistant Professor at the Faculty of Economics, Sofia University “St. Kliment Ohridski”. She has over 15 years of managerial experience in marketing and project management in various sectors: telecom, IT, banking and finance, media and advertising.

Dr. Kanazireva graduated with a Bachelor’s degree in Business Administration from the American University in Bulgaria. She holds a PhD in Administration and Management with a number of publications in the field of corporate entrepreneurship, innovation and socially responsible investments.

Member of the Board of Directors of State Consolidation Company EAD since April 2021.

Radostin Vazov

Member of the Board of Directors

Assoc. Prof. Dr. Radostin Vazov is Vice-Rector for European Projects and Continuing Education at the Higher School of Insurance and Finance (VUZF). Assoc. Prof. Dr. Radostin Vazov is Head of the Department of Insurance and Assurance at VUZF and Director of International Doctoral and Master’s Programmes and Projects and International Cooperation at the VUZF Lab for Applied Research.

He is a member of organizing and program committees of scientific forums in Bulgaria and abroad and has numerous publications in the field of entrepreneurship, innovation, insurance and risk management.

Member of the Board of Directors of State Consolidation Company EAD since April 2021.

Diliana Sofianska

Member of the Board of Directors

Dilyana Sofianska has a Bachelor’s degree in Economics and Trade Management from the University of National and World Economy. In 2003 she moved to the USA where she lived and worked in the field of transport and logistics for the next 6 years. After her return to Bulgaria, she graduated with a Master’s degree in Mass Media Economics from the University of National and World Economy.

She has experience in the public and private sector. She works in the field of finance.

Member of the Board of Directors of State Consolidation Company EAD since April 2021.

By a decision reflected in Protocol No. RD-18-4 of 13 April 2021, the Minister of Economy elects the members of the Board of Directors and determines their remuneration in accordance with the principles, indicators, criteria and values pursuant to Article 56 of the Regulations for the Implementation of the Law on Public Enterprises, adopted by Decree of the Council of Ministers No. 85 of 30 April 2020 (Official Gazette No. 40 of 05 May 2020).