BANKER EMIL KYULEV NAMED ECONOMIST OF 2002
The prominent banker Emil Kyulev was named Economist of 2002 by local Ikonomika magazine. The title and the prize - a statuette by the sculptor Stavri Kalinov - were awarded at a special ceremony at Sheraton Sofia Wednesday night (January 22). One of the most influential members of the club of Bulgaria's big business, Vazrazhdane, won the title in spite of the impressive competition. The rest of the nominees included Finance Minister Milen Velchev, Executive Director of the Bank Consolidation Company Nelly Kordovska, financial expert Assoc. Prof. Plamen Oresharski and Chair of the National Audit Office Georgi Nikolov. They were nominated by the magazine's readers for their contribution to Bulgaria's national economy throughtout the past year by their managerial solutions, economic performance or scientific work. Forty eight of the 136 polled picked up Mr. Kyulev because the investments made by Riviera Beach and the deal on the State Insurance Institute (DZI). In 2002, Mr. Kyulev created the biggest wholly Bulgarian-owned financial group DZI-Rosexim after he acquired an 80-percent stake in the country's top state insurer. Ikonomika's readers describe Mr. Kyulev as a symbol of thriftiness, intelligence, and security.