Mr. Ivan Raichkov, Director “Operations” at UniCredit Bulbank AD, was elected as the new Deputy Chairman of the Payment Systems Committee at the ABB Executive Board. At a meeting held today at the ABB, his incontestable long-standing contribution to the work of the Committee was noted, and his election was unanimously voted.

Mr. Raichkov is also a representative of the ABB in the Scheme Evolution and Maintenance Working Group (SEMWG) at the European Payments Council (EPC) where the ABB is an associate member. Mr. Raichkov is also a member of the National Adherence Support Organization /NASO/ at the ABB.

The Chairman of the Payment Systems Committee is Mr. Emil Hristov from DSK Bank EAD, and besides Mr. Rajchkov, the other Deputy Chairperson is Mrs. Petya Buradzhieva from United Bulgarian Bank AD.