Bulgarian governor nominates deputy

The governor of the Bulgarian National Bank (BNB) Ivan Iskrov on Thursday 15 March nominated Rumen Simeonov, 55, to take over as deputy governor in charge of bank supervision from Emilia Milanova.

Milanova's term expires on June 14 and a successor has to be named by April 14, according to Bulgarian legislation.

Simeonov is a member of several financial committees in the EU, including the committee for financial conglomerates, as well as the deputy chairman of Bulgaria's bank deposits guarantee