Generali Bulgaria, Victoria get new CEO

12 February 2015 —
Generali Bulgaria, the Bulgarian unit of global insurer Generali, and its subsidiary, general insurer Victoria, have appointed Dancho Danchev as chief executive officer (CEO) of the two companies, Generali Bulgaria said Wednesday.

The changes, which were voted on by the supervisory boards of the two companies on February 11, will take effect after  necessary procedures have been finalised, Generali Bulgaria said in a press release.

Generali Bulgaria holds a share of nearly 9.0% of the Bulgarian insurance market.

In November last year, Generali Bulgaria acquired full control over Victoria, in which it had a 67% holding at the time.

Victoria was set up in 2002. Read the full story Generali Bulgaria, Victoria get new CEO
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