Dimitar Zhelev is a Chairman and CEO of Allianz Bulgaria Holding, market leader in the sphere of insurance, banking and asset management in the country. He is also a member of the Supervisory Board of the biggest Bulgarian Bank – UniCredit Bulbank, chairing the Audit Committee of the Bank.
Graduate of the Sofia Economics Institute, he started his professional career as a property insurance and reinsurance expert in the government insurance company, BULSTRAD in 1986. In 1990, Dimitar became one of the founders of Bulgaria Insurance and Reinsurance Company, which quickly developed into a prosperous holding structure for insurance and financial services. In 1998, one of the worldwide market leaders, Allianz, acquired majority stake in the holding, which was subsequently renamed Allianz Bulgaria Holding AD. Dimitar is the sole partner of Allianz in the holding group with a 34% stake.
Dimitar’s family also controls 49.5% stake of Industrial Holding Bulgaria Plc., listed on the Bulgarian Stock Exchange, with major assets in the shipping industry (Bulyard is the biggest shipyard in Bulgaria), port ownership and management, ship ownership and management, machine building industry.