Emil Kyulev
Emil Aleksandrov Kyulev | |
|---|---|
| Born | June 5, 1957 Sofia, Bulgaria |
| Died | October 26, 2005 (aged 48) |
| Occupation(s) | Financier, businessman, sports administrator |
| Known for | Proprietor of DZI Bank, president of the Bulgarian Swimming Federation |
Emil Aleksandrov Kyulev () (June 5, 1957 – October 26, 2005) was a prominent Bulgarian financier and proprietor of DZI Bank. He played a pivotal role in shaping Bulgaria’s banking industry during the country’s transition from communism and held the position of president of the Bulgarian Swimming Federation. In recognition of his impact on Bulgaria's economic progress, he received the title "Mister Economy" in 2002.
Life
Kyulev was born in Sofia and was an accomplished swimmer, representing Bulgaria’s Junior National team before assuming leadership as president of the Bulgarian Swimming Federation, a role he maintained until his passing.
He earned a degree in finance and economics from the University of National and World Economy in Sofia. As Bulgaria moved towards a market-based economy, Kyulev entered the financial arena and took over the struggling DZI Bank in 1998, implementing significant restructuring efforts. During his tenure, DZI Bank secured investments from major international entities such as Julius Baer (5.52%), RAIFFEISEN Zentralbank (1.18%), Bank Austria Creditanstalt (9.86%), SEB Group (2.59%), Erste Bank (1.43%), and Swedbank Robur Fonder (0.47%). He was among the pioneering Bulgarian entrepreneurs to successfully attract foreign investment through international public financial markets.
On October 26, 2005, Kyulev was fatally shot in broad daylight while driving his SUV along Boulevard Bulgaria in Sofia.