UniCredit Bulbank: Borislav Bangeev is New Head of Corporate Banking

The Supervisory Board of UniCredit Bulbank nominated Borislav Bangeev as the new Head of Corporate Banking while remaining Member of the Management Board of the bank. He will replace Raluca Popescu who will continue her successful career as Executive Vice President Corporate in UniCredit Bank Romania.

Borislav Bangeev will be replaced in his Chief Risk Officer role by Albert Angersbach, who will also become Member of the Management Board of UniCredit Bulbank after receiving the necessary regulatory approvals.

The Supervisory Board of UniCredit Bulbank has voted to release from their previous positions Septimiu Postelnicu, deputy CEO, and Raluca Popescu, Head of Corporate Banking. As a next step in his career Septimiu Postelnicu has been designated as a successor for the role as CEO and Chairman of the Management Board of UniCredit Bank Romania. He will start exercising his responsibilities after the finalization of the prior approval process to be carried on by the National Bank of Romania.

“On behalf of the whole management team, I thank Septimiu and Raluca for their contribution to the success of UniCredit Bulbank over the past three years and wish them further success in their new positions in Romania. When they came to Bulgaria, they hardly imagined what challenges we would face. Together, we not only went through this period of unprecedented changes, but also preserved and strengthened the bank’s leading position by remaining a loyal business partner and supporting all our customers”, commented Tsvetanka Mincheva, CEO and Chairman of the MB of UniCredit Bulbank.

“In the faces of Borislav Bangeev and Albert Angersbach, our management team is gaining strong leaders on whom we will rely on, in order to continue to be carriers of innovations in the corporate sector and to maintain our undisputed leadership position as a preferred business partner in the country” added Tsvetanka Mincheva, focusing also on their expertise and strong professional experience.

Albert Angersbach has many years of experience in Risk management at UniCredit. He started his career in the group in 2006, having successively held various positions, including Chief Risk Officer of Zagrebačka banka in Croatia, Yapi Credi (while part of UniCredit) and UniCredit Bank Russia.