Bulgarian National Bank
Encho Staykov is an experienced risk manager currently working at the Bulgarian National Bank since April 2021, overseeing the management of international foreign reserves and ensuring compliance with risk limits and investment activities. Previously, Encho served as the Head of Treasury Sales at Piraeus Bank from September 2016 to November 2019, where responsibilities included managing Treasury sales activities for institutional and corporate clients while adhering to relevant regulations. Prior to that role, Encho was an Independent Trader from December 2012 to August 2016 and worked as Chief Dealer at CIBANK JSC from September 1996 to November 2012, handling various foreign exchange transactions and fixed income instruments. Encho's career began at the Bulgarian Commercial and Industrial Bank, where duties included executing spot FX and money market transactions. Encho holds a Master's degree in International Relations from the University of National and World Economy, obtained between 1987 and 1992.
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Bulgarian National Bank
The Bulgarian National Bank is one of the oldest national institutions established right after the restoration of the Bulgarian state, on January 25, 1879, and on 6 of June of the same year the first banking operation was conducted. According to the Constitution of the Republic of Bulgaria (article 29) the BNB is an independent issuing institution of the State reporting to the National Assembly. It plays a key role in the Bulgarian economy and takes care of maintaining the stability of the Bulgarian currency, and of strengthening and development of the banking and credit system in the country. The BNB’s independence is also guaranteed by its organic Law (LBNB), and by the Treaty establishing the European Community. Since January 1, 2007 the bank is a full member of the European System of Central Banks and actively participates in the decision making process in the area of banking and finance in the European Union. The BNB Governor is a member of the General Council of the European Central Bank.