10/01/15 08:28
(http://www.klassa.bg/)

Bulgarian C-Bank's Supervision Head Resigns

Neli Kordovska, the Bulgarian National Bank's Director General in charge of Banking Supervision, has stepped down, officials have said.

Kordovska is not taking the respective office at Bulgaria's central bank BNB as of October 1.

Representatives of the institution have announced on the BNB's Bulgarian-language website that a procedure is already underway to pick her successor.

Kordovska, employed by the Banking Supervision department since 1992, made headlines in the days around last year's crisis at collapsed Corporate Commercial Bank (KTB) amid allegations she had been aware of the forthcoming developments and withdrew her assets from her own account there just before a bank run prompted the BNB to place the bank under special supervision.
 

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