BULGARIA: FSC named Iliana HRISTOVA new Insurance Supervision Division Deputy Chair

On April 10, the Bulgarian Parliament elected Iliana HRISTOVA as the new Deputy Chairman of the Insurance Supervision Division inside FSC. The election was made by 113 MPs.

HRISTOVA completed her higher education in Economy and Organization of Labor at the University of National and World Economy. HRISTOVA's spent the last twenty-three years at the National Revenue Agency where she occupied several leadership positions.

In 2013, she was appointed to the managing body of the main territorial directorate of the National Revenue Agency, namely the office in Sofia. Over the years in which HRISTOVA occupied the position of director, the territorial directorate of the National Revenue Agency in Sofia achieved and even exceeded the set goals for collected revenues and secured high-quality services for customers, gaining recognition and public trust in the administration.

In the presented plan for development of the Insurance Supervision Division, HRISTOVA declared that the goal for the insurance supervision area "must be providing security for the consumers of insurance services and public trust in state surveillance". In order to achieve these results, HRISTOVA intends to apply a method that secures a firm and stable supervisory sector, namely through control, communication, crisis prevention and digitalization.

"The road we shall follow is aimed at developing a customer-oriented approach in the insurance area, where the main focus is set on the visibility of new ideas, the knowledge of action trends and opportunities of rapid two-way communication, regarding the main issues of public importance", HRISTOVA stressed.

"I am convinced of the capabilities possessed by Iliana HRISTOVA, as she has shown them many times when dealing with crisis situations," said Boyko ATANASSOV, Chairman of FSC.

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