Emil Kyulev
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Emil Aleksandrov Kyulev (Bulgarian: Емил Александров Кюлев) (June 5, 1957 – October 26, 2005) was a Bulgarian banker, owner of DZI bank. He played a significant role in the development of Bulgaria’s banking sector during the post-communist transition and served as the president of the Bulgarian Swimming Federation. He was named "Mister Economy" in 2002 for his outstanding contributions to Bulgaria's economic development.
Emil Kyulev | |
|---|---|
| President of the Bulgarian Swimming Federation | |
| In office 2003 – October 26, 2005 | |
| President, CEO & Owner of DZI bank | |
| In office 1998 – October 26, 2005 | |
| Preceded by | Bank founded* |
| Succeeded by | Vesela Kyuleva |
| Personal details | |
| Born | Emil Aleksandrov Kyulev June 5, 1957 Sofia, Bulgaria |
| Died | October 26, 2005 (aged 48) Sofia, Bulgaria |
| Manner of death | Assassination |
| Education | University for National and World Economy (UNWE), specializing in International Economic Relations (MIО) |
Life
[edit]Emil Aleksandrov Kyulev was born on June 5, 1957, in Sofia, Bulgaria. He was an elite swimmer and also a member of the BUL Junior's National team excelling in breaststroke. Later he became the president of the board of directors of the Bulgarian Swimming Federation and served until his death.[1]
After retiring from competitive swimming, he pursued higher education at the University of National and World Economy in Sofia, specializing in finance and economics.[1]
Kyulev entered the financial sector during Bulgaria’s transition from communism to a market economy. In 1998, he acquired DZI Bank, which was facing financial difficulties, and restructured it. Under his leadership, DZI Bank attracted international investors and became known for its modern financial services. Kyulev was one of the first Bulgarian Businessmen to attract foreign capital from International Public Markets. Shareholders during his leadership in DZI Bank included: Julius Baer (5.52%), RAIFFEISEN Zentralbank (1.18%), Bank Austria Creditanstalt (9.86%), SEB Group (2.59%), Erste Bank (1.43%), Swedbank Robur Fonder (0.47%).[2]
Kyulev was shot dead while driving his SUV down Boulevard Bulgaria in Sofia on October 26, 2005.[3][1][4] He was shot in broad daylight.[4][3]<ref>Chavdarov, Nikolai (2005-10-26). "Banker shot dead after EU warning on gang crime". The Guardian. ISSN 0261-3077. Retrieved 2025-01-06.
References
[edit]- ^ a b c "Where Killing Is A Habit". The Economist. 27 October 2005. Retrieved 1 January 2025.
- ^ "Foreign investors buy stakes in DZI bank, insurance units _x000d_". FFBH. Retrieved 2025-03-21.
- ^ a b c Brunwasser, Matthew (1 December 2005). "A killing complicates Bulgaria's EU hopes". The New York Times. Retrieved 1 January 2025.
- ^ a b Eudes, Yves (13 January 2006). "This article is more than 18 years old Gangsterism holds a country to ransom". The Guardian. Retrieved 1 January 2025.
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- 1957 births
- 2005 deaths
- Bulgarian bankers
- Businesspeople from Sofia
- Deaths by firearm in Bulgaria
- 20th-century newspaper publishers (people)
- People murdered in Bulgaria
- Sportspeople from Sofia
- University of National and World Economy alumni
- Bulgarian murder victims
- 2005 murders in Bulgaria
- Bulgarian people stubs
- European business biography stubs