In 2021 Peter Andronov joined the Executive Committee of KBC Group as executive director and CEO Business Unit International Markets, thus assuming responsibility for the Group’s business in four of its core markets – Bulgaria, Hungary, Slovakia and Ireland. Within his new assignment Mr. Andronov became also responsible for KBC Asset Management and hence Chairman of its Board of Directors. In 2021 he also took over the Chairmanship of the Supervisory Boards of DZI General Insurance and DZI Life Insurance, and similarly for the entities of the Group in the other three countries.

Peter Andronov’s career path involves series of positions in the BNB and in the private banking sector. During 2002 – 2007 he was Chief Director Banking Supervision Department at the Bulgarian National Bank. During his term he led the elaboration of key currently effective legislative acts on banking regulation and supervision, including the Credit Institutions Act, the Act on the Additional Supervision on Financial Conglomerates, the BNB regulatory ordinances, guidelines etc. From 2003 until May 2007 he was Member of the Management Board of the Reserve Guarantee Fund. He was also member of the BNB Investment Committee. Over the period 2005–2007 Peter Andronov was observer and member at the European Banking Committee and at the Committee of European Banking Supervisors of the European Commission. At the same time he was also an observer and member of the Banking Supervision Committee at the European Central Bank. On behalf of the Bulgarian authorities he led the negotiations in the domain of banking for Bulgaria’s accession to the European Union.

Peter Andronov’s career at KBC Group started in July 2007 when he was appointed Executive Director/CRO of CIBANK. Later in March 2008 he became CEO of the same bank. As from the acquisition of UBB by the Belgian financial group KBC in June 2017 up until May 2021 Peter Andronov was Chairman of the Management Board and CEO of UBB AD(created out of the merger between CIBANK and former UBB).

From  March 2011 till May 2021 Peter Andronov also acted as  Country Manager of KBC Group for Bulgaria.

Over the period 2008 - 2021 Peter Andronov was Member of the Management Board of the Association of Banks in Bulgaria, serving two mandates as its Chairman – from 2015 til 2018 and from 2018 until 2021.

From 1995 till 2016 Peter Andronov has been lecturing during different periods at the UNWE, at the High School of Insurance and Finance and at New Bulgarian University/the International Banking Institute. Since 2017 he is member of the Board of Trustees of the University of National and World Economy, and from 2020 of Sofia University St. Kliment Ohridski as well..

Peter Andronov is five-times winner of the Banker of the Year award, as well as of the Manager of the Year and Burov Prize for bank management, Mr. Economy and many others. In 2015 he was decorated an Officer of the Order of the Crown of the Kingdom of Belgium.

Vice Chairman of the Supervisory Board of ČSOB Insurance – Slovakia, Director of KBC Group Re, Chairman of the Supervisory Board of NLB Vita.

He is Executive Director of the VUZF Research and Development Laboratory (VUZF LAB) and General Secretary of the High School Rectors’ Council in the Republic of Bulgaria.

Since 2015 he has been Member of the Supervisory Board of DZI - General Insurance JSC and DZI - Life Insurance JSC, part of KBC Group.

In 2015 he was elected Member of the Fiscal Council of Republic of Bulgaria. Between 1998 and 2010 he was Dean of the Finance and Accounting Faculty with the University of National and World Economy.

Since 1994 he has been Managing Director of Vazov Institute EOOD.

From 1991 to 1994 he held the positions of Advisor to the Minister and Deputy Minister of the Ministry of Industry, Commerce and Services. He was Member of the Board of Directors of the International Bank for Economic Cooperation, the International Investment Bank and the Bank Consolidation Company.

 

His scientific interests are in the field of Macro-Economics, Finance Theory, Corporate Finance, Management Theory. He has authored more than 100 scientific publications, including a monograph, three text books, a series of studies, articles, contributions, reviews, R&D works.

 

He is an Honorary Citizen of Sopot Municipality.