The Board of Directors is composed of seven members with one-tier system of governance:


Tihomir Kamenov – Chairman of the Board of Directors


Lawyer, specialist in public international, private international and commercial law. Founder of the leading companies in healthcare, pharmaceuticals and insurance, part of the Commercial League group. The only Bulgarian senior member of the World Economic Forum (Davos) and the European House – Ambrosetti (Milan), co-founder of the Global Clinton Initiative (New York) and the Investment and Finance Forum (Riyadh). He is a corporate development strategist focused on improving the quality of life and life expectancy in Bulgaria and the Balkans, improving access to modern medical care and advanced products and services. Customer and patient satisfaction and the introduction of innovation and competitive education are high on Chairman Kamenov’s agenda.


Toni Vekov – Executive Director


Master in Biotechnology Processes and Health Management. Doctor of Medical Sciences and Professor since 2012. Specialized in the United States, Switzerland, France, Austria, Russia, Germany and Belgium. Author of more than 200 scientific papers in national and international scientific journals, 19 textbooks, 4 monographs and 2 practical guides, member of editorial boards of three scientific journals, has more than 100 citations in scientific publications.


Prof. Vekov is the Executive Director and member of the Board of Directors of Pension Assurance Company DallBogg: Life and Health and member of the Board of Directors of the Bulgarian Cardiac Institute.


Biser Ivanov – Executive Director


Master in Accounting and Control. Proven professional in the field of insurance and finance. Mr. Ivanov’s professional career is filled with responsible and executive positions in corporate management – from chief accountant and CFO of large companies to CEO and member of the Board of Directors of  Insurance Company DallBogg: Life and Health and Pension Assurance Company DallBogg: Life and Health.


Mr. Ivanov has completed a number of specializations in European financial centers, obtained a securities broker certificate and an investment adviser license issued by the Financial Supervision Commission.


Angel Terziev – Executive Director


Master in Social and Insurance affaires. Certified, qualified responsible actuary since 2007. Mr. Terziev’s professional career development has taken place entirely in the field of insurance and pension insurance, where he is a proven and recognized professional with more than 25 years of experience. He has held positions of responsible actuary and executive director.


Mr. Terziev holds a certificate in Pension Company Management and various courses organized by the United States Agency for International Development and the European Actuarial Academy attended. He specialized in health insurance in the United States.


Martin Mitev – Independent Member


Master in International Economic Relations, Health Management and Insurance and Social Work. A university lecturer with extensive experience in public administration and large-scale project implementation. Administrative Director of the leading Heart and Brain Center of Excellence in Pleven.


Tsvetan Vasilev – Independent Member


Specialist in pediatric diseases and master in health management. With over 30 years of experience in healthcare and hospital management, project implementation and financial instruments. Holds an independent accreditation expert certificate issued by the Ministry of Health.


Rosen Stanimirov – Independent Member


Master of Economics with many years of management experience in financial institutions. Mr. Stanimirov has completed a lot of specializations in the field of people management, management in the current reality, sales skills, self-improvement and development and is a proven professional in the field of sales of banking, insurance and pension insurance products.


The Company is represented by the two Executive Directors, always together.

Key positions:


Larisa Borisova – Head of the Specialised Internal Control Department

Master in Accounting and Control. Reports directly to the Board of Directors. Ms. Borisova is a recognized expert with over eight years of experience in the pension industry and many years of experience in accounting, investment brokerage, finance and financial analysis.


Stefan Stoykov – Head of the Specialised Internal Audit Unit


Bachelor in Business Management and Master in Information Technology and Information Brokerage. With many years of experience in accounting and internal audit, Mr. Stoykov is an expert in new technologies and FinTech.


Ivo Dimitrov – Head of Risk Management Unit


He has a master degree in Accounting and Control. He is specialized in financial management and investment intermediation. Mr Dimitrov holds a securities broker license and an investment advisor license issued by the Financial Supervision Commission in Bulgaria. He has extensive experience in the Bulgarian and international financial market. He has worked as a risk manager for a leading investment firm in the country, and in recent years he headed the risk management unit at another Pension Assurance Company.