United Bulgarian Bank (UBB), part of the Belgian financial group KBC, has announced changes in its senior management. As of January 1, 2025, Christof De Mil will take on the positions of CEO and Chairman of the Management Board of UBB, as well as Country Team Manager and Chairman of the Country Team of KBC Group in Bulgaria. He succeeds Peter Roebben, who was leading UBB and KBC Group in Bulgaria for the past three and a half years. The changes are subject to approval by the BNB and the ECB.

Christof De Mil takes up his new appointment following the successful merger between UBB and Raiffeisenbank Bulgaria, which he has led in his role as General Manager Lead of the Integration Office since 2022. He came to Bulgaria in 2011 as a member of the KBC Group Country Team and Executive Director at the first bank owned by the Belgian group in our country – CIBANK, and after its acquisition in 2017 – also at UBB. Over the years, he has been responsible for various domains in the Group’s Bulgarian bank, which has constantly expanded his expertise. In 2011, he was appointed Executive Director SME and ICT, and in 2014 – Executive Director Retail Banking and Distribution, both at CIBANK. In 2017, Christof was appointed Chief Financial Officer of UBB and Country CFO. At that time, he also became the first Innovation Leader of KBC Group in Bulgaria. Christof De Mil embarked on his career at KBC back in 1995, holding various positions as a Branch Manager and Cluster Branch Manager. His international career went through CSOB Czech Republic as Executive Director Retail Network. He holds a Master’s degree in Applied Economics (University of Ghent) and an MBA (INSEAD).

The current CEO of UBB, Peter Roebben, will take on the roles of CEO of the Group’s local bank in Hungary – K&H – and Country Manager of KBC Group in Hungary.

Both Christof De Mil and Peter Roebben will have a direct reporting line to Peter Andronov, CEO Business Unit International Markets and member of the Group Executive Committee.

Peter Andronov, CEO Business Unit International Markets and member of the Group Executive Committee, commented: “I am delighted to welcome Christof De Mil as the new CEO of UBB and Country Manager of KBC Group for Bulgaria. With his extensive experience in the Bulgarian market and his remarkable expertise, Christof is truly the right man in the right place to further steer our operations in Bulgaria. At the same time, I extend my heartfelt thanks to Peter Roebben for his substantial contributions during his tenure as CEO of UBB and Country Manager of KBC Group for Bulgaria. His leadership has been instrumental in driving progress and success in the region, and I wish him all the best in his new role as CEO of K&H and Country Manager of KBC Group for Hungary.”