The Bulgarian National Bank announced the formal assumption of office of Prof. Nikolay Nenovsky as a member of its Governing Council for a second consecutive six-year term, effective June 13, 2026. The appointment was made by the President of the Republic under the Constitution of the Republic of Bulgaria and the Law on the Bulgarian National Bank. The bank presented the ceremony as a governance continuity update at a time when it is operating within the Eurosystem and Bulgaria is a member of the euro area. In remarks at the event, Governor Dimitar Radev linked the institutional transition to the central bank’s role in the Eurosystem, while President Iliyana Yotova said Bulgaria now participates in shaping European Central Bank policies through the Bulgarian National Bank. Nenovsky said he would continue to work with the governor and Governing Council on a professional, impartial and politically independent basis.
National Bank of Bulgaria2026-06-12
Bulgarian National Bank confirms Nikolay Nenovsky’s second six year term on its Governing Council from June 13 2026
The Bulgarian National Bank announced that Prof. Nikolay Nenovsky has taken office for a second consecutive six-year term as a member of its Governing Council, effective June 13, 2026. The appointment was made by the President of the Republic. The bank framed the transition in the context of its role in the Eurosystem following Bulgaria’s euro area membership.