NEW CHIEF EXECUTIVE OF BULGARIAN STATE RAILWAYS BDZ APPOINTED
Bulgaria's Transport Ministry has dismissed the executive head of the national railway carrier BDZ, Pencho Popov, appointing Yordan Nedev to replace him.
Through the reshuffle, the ministry aims to improve the quality of passenger service, achieve better financial results and accelerate reforms in the company, it said in a statement.
Popov was named head of BDZ in 2009 by former Transport Minister Alexander Tsvetkov after sacking Hristo Monov as BDZ chief.
Prior to his new role, Nedev worked at consultancy MMD Partners. He started his career at the Bulgarian office of German consultancy Roland Berger, where he was in charge of the privatisation of Bulgarian companies. Nedev has a degree from London Business School and the Faculty of Economics and Business Administration of Sofia University St Kliment Ohridski.
