AmCham General Assembly Meeting
AmCham Executive Director Valentin Georgiev Steps Down after Memorable Service with AmCham
Alex Nestor Becomes Acting Executive Director, Three New Members Enter AmCham BoD
After fourteen years of memorable service with the Chamber the Executive Director Valentin Georgiev announced his decision to step down at the yearend AmCham General Assembly held on Dec. 8, 2016 at the Radisson Blu Grand Hotel. Alex Nestor has assumed the position of an acting AmCham executive director. Three new members of the AmCham BoD were elected for the three vacant seats.
In a moving address to the audience Georgiev stated:
“After exciting and memorable fourteen years of service with the American Chamber of Commerce, I am bidding farewell to AmCham to pursue other career opportunities. During my tenure the Chamber has developed successfully and I am proud that it has had so many great accomplishments: the successful conclusion of the Treaty for Avoidance of Double Taxation between USA and Bulgaria and events related to Bulgaria’s accession in NATO, U.S.-Bulgaria economic partnership, Joint Training Facilities, US-EU economic relations, TTIP, and Rule of Law”. Georgiev praised the remarkable moments of his work and interaction with the AmCham members throughout the years.
Georgiev’s tenure was recognized and acknowledged by Solomon Passy, David Hampson and the rest of AmCham board members.
The newly elected members at the BoD are:
Iva Todorova, Government and Regulatory Affairs Executive, IBM Bulgaria enters her first term.
Venislav Iotov, General Manager, AIG Europe Limited enters his second term.
Plamen Zhechev, Enterprise and Public Sector Manager, Cisco Systems Bulgaria enters his second term.
Alex Nestor, BoD member and vice president finished his third mandate at the AmCham BoD (2009-2013; 2014-2016).
Krasimira Chemishanska, AmCham President presented the Annual Report of the Board of Directors for 2016 and AmCham policy agenda for 2017-2018. The latter envisages update of AmCham White Paper with focus on human capital, sustainable business environment, rule of law and law enforcement. The Chamber will establish a regular dialogue and collaboration with relevant authorities to promote and deliver on AmCham priority areas. Among AmCham key strategic events in the next year will be business luncheon with the government and a forum on e-government with special focus on e-procurement and e-health.
Stanislava Taneva, AmCham Treasurer presented the financial statements of the auditor for 2015 EY Bulgaria. The Assembly approved the budget for 2017.
Alfa Research Agency announced the results of 2016 AmCham Membership Satisfaction Survey with a satisfaction rate varying from 36% to 79% – the highest one in “level of communication and support received from AmCham Bulgaria” (79%) and the lowest one in “Investment promotion” (36%). 85 members companies from 25 industries took part in the survey.