George Petrov

Methodology, project management, and planning: o Supports project managers in defining the scope of projects based on the requirements of the business owner and affected stakeholders—determining goals, scope, boundaries, and priorities; o monitors the implementation of planned deadlines, objectives, and tasks for projects; o manages and coordinates communication related to projects at the level of the Management Board and the Executive Board.
Timely reporting of results and status of project tasks, in accordance with the set performance criteria.
Monitoring project schedules, criteria, and priorities.
Managing the activities of the project team, including employees of the organization who work a certain percentage on a given project and are not directly administratively subordinate, as well as hired resources from outside the organization.
Coordinate methodologies and projects with all units in the bank, providing methodological guidance in the development and implementation of new processes and projects.
Analyzing the effectiveness of existing business processes using information provided by specialists in the relevant areas, based on documentation describing them, and identifying opportunities for improvement.
Leading activities to develop strategies for improving business processes, and contributing to their successful implementation.
Research and identification of business processes with potential for standardization and digitization, outlining all risks, and recommending optimal solutions.
Coordination of internal regulations relating to change management functions within the BBR Group.
Key achievements: Structuring management activities and developing internal rules governing management activities and the work of the Change Management Committee; successful management of an average of 30 projects per year, of which 80% are IT-related projects and 20% are organizational projects; leading management role in the implementation of mandates assigned by the Government of the Republic of Bulgaria, such as the Energy Efficiency Program, the Municipal Projects Investment Program, and Energy Renovation under the National Energy Efficiency Program.

Main activities:
Identifying and measuring the regulatory compliance risk to which the companies of the BBR Group are or may be exposed;
Regularly assessing changes in laws and regulations applicable to Group companies and their impact on their activities;Ensuring the completeness and compliance of the BBR Group's internal regulations with the applicable legislation, international acts, and banking practice, including the specific regulations of the EBA, ESMA, BNB, FSC, etc.;
Coordinates the internal regulations of the BBR Group in order to control compliance and integrity;
Advises the Management Board/Supervisory Board of the bank on the adoption of measures to achieve compliance with applicable laws, rules, regulations, and standards, and prepares an assessment of the impact of changes in regulatory requirements on the activities of the bank and the companies in the Group;
Performs compliance checks on all new products and new procedures with the law and applicable regulations;
Reports regulatory compliance risk to the Management Board/Supervisory Board;

Cooperates in the exchange of information with the risk management structure regarding the risk associated with regulatory compliance and its management;
Processes complaints and objections from customers/employees and reports them;
Exercises ongoing control and performs checks on the compliance of the bank's activities as an investment intermediary with the requirements of the applicable regulations;
Provides advice upon request and assists the persons responsible for the bank's activities as an investment intermediary;
Reviews complaints received from the bank's customers in its capacity as an investment intermediary;
Key achievements:
No significant non-compliance issues were identified during inspections by external competent authorities or audits during the period;
A comprehensive Corruption and Fraud Prevention System was developed and implemented by management.

• Achieving successful acquisition and merger of Tokuda health insurance company with Saglasie.

• Controlling the compliance and appropriateness of the Management Board activity. Selection, appointment and dismissal of Management Board members and key personnel. Control of overall business and risk strategy of the bank and insurance company.

• Review and consideration of internal rules of the unit with International Audit Standards and best practices. Exercise of managerial control over the departments. Active participation in the preparation and carrying out audits in key bank departments.

• Preparation and implementation of the annual audit plan. Control of the cash availability in branches and the central cash-desk. Review of working processes during the audits and giving proposals for their optimization. Preparation of general reports.

• Advising the shareholders in the field of mergers, acquisitions and participations. Achieving 3 successful deals in the field of agricultural processing.

• Strategic planning, marketing and compliance with the national regulations. Participating actively in the work of different bodies such as the Credit Committee, ALCO, etc. Communication and management of all issues related to external users of information.

• Profit-oriented management of all operations. Maintaining relationships with domestic and foreign export and import companies. Designing, recruiting and leading a team of 23 supporting-function professionals. Participating in analyses of Bank’s tariff.

• Improvement and implementation of an organizational structure. Assist Management on a continuing basis on special projects. Preparing statistics and business reports upon request by Management.