Decisions for changes in the membership of the BACB Management Board
In relation to Mr. Vassil Stefanov Simov’s submitted resignation and request for relieving of office, the BACB Management Board and BACB Supervisory Board took decisions for relieving Mr. Vassil Stefanov Simov of office as a member of the BACB Management Board and BACB Executive Director.
As per the above decision and pursuant to the applicable provisions of the Credit Institutions Act and the Commercial Act on 20 December 2021 the Bulgarian-American Credit Bank submitted an application to the Bulgarian Commercial Register for registration of the respective changes in the membership of the BACB Management Board and the legal representatives of BACB.
After the registration of the above circumstances and changes to the membership of the BACB Management Board and the legal representatives of BACB, the Bank shall inform accordingly the general public and the Financial Supervision Commission.
