Following the approvals of all regulatory authorities, Christof De Mil officially assumes the position of Chairman of the Management Board and Chief Executive Officer of UBB. The official registration with the Commercial Register of this change in the management of the biggest bank in Bulgaria was made on April 17th, 2025, after earlier approval this month by the European Central Bank (ECB).

Christof De Mil was elected Chairman of the Country Team of KBC Group in Bulgaria and CEO of UBB at the end of 2024, thus replacing in this position Peter Roebben.

Peter Andronov, CEO Business Unit International Markets of KBC Group and Chairman of the Supervisory Boards of UBB and DZI, commented: “I am pleased to announce the official approval of Christof De Mil as the new CEO of UBB and Country Manager of KBC Group for Bulgaria. Christof’s leadership will continue the achievements made so far, ensuring that KBC Group’s 2.3 million customers in Bulgaria receive quality service. He has gained significant experience in our local market across various domains, making him prepared to maintain the company’s number one position. His leadership style is known for empowering employees. His vision includes fostering innovation with purpose and in alignment with customer expectations. With his qualities, I am convinced that Christof will drive companies of KBC Group in Bulgaria to future success“.

Christof De Mil embarked on his career at KBC Belgium back in 1995. His international career started in 2006 at CSOB Czech Republic as Executive Director Retail Network. 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.

In 2011, he was appointed Executive Director SME and ICT, and in 2014 – Executive Director Retail Banking and Distribution, both at CIBANK. After the acquisition by KBC Group of UBB and the merger of CIBANK and UBB, In 2017, Christof was appointed Chief Financial Officer of the merged UBB, and Country CFO for all entities of KBC Group in Bulgaria. He was also the first Innovation Leader of KBC Group in Bulgaria.

Christof De Mil takes up the position of Chief Executive Officer of UBB following the successful merger between UBB and Raiffeisenbank Bulgaria, which he was leading in his role as General Manager of the Integration Office between 2022 and 2024.

He graduated from the University of Ghent with a major in Economics and holds an MBA degree from INSEAD. He is fluent in Flemish, English and French, speaks Business German and has oral proficiency in Bulgarian and a basic level of knowledge in Czech language.