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08.06.2017 11:15
AES Bulgaria Unveiled New CEO
Commercial director Ivan Tsankov takes over from Olivier Marquette who is to head a new company called

  • Marquette (left) and Tsankov at a press conference in Sofia
    © AES Bulgaria

Ivan Tsankov Succeeds Olivier Marquette as AES Bulgaria CEO, due to the latter’s transfer at the helm of a newly established company branch called EurAsia. Up until May 31 Tsankov has been commercial director for the power producing company which owns one of Bulgaria’s biggest lignite-fired thermal stations, and the most modern one – AES Galabovo TPP.

“I have accepted the challenge to become Business Development manager of the new branch EurAsia. Along with my new responsibilities I will continue to fulfill the role of President of AES Bulgaria”, Marquette said in a statement to the media.

Ivan Tsankov joined AES Bulgarian in 2006. Prior to 2013 he was the CFO of AES Bulgaria, after which he was appointed as commercial director. Tsankov is experienced in finance, having worked at one of Bulgaria’s leading fuel retailers Petrol, and at international consultancy firms, notably Arthur Andersen and Deloitte. He is a graduate of the University of National and World Economy (Sofia, Bulgaria) and has a postgraduate degree from Darden School of Business (Virginia, U.S.). He is also a full member of the Association of Chartered Certified Accountants (ACCA).

Olivier Marquette praise his successor’s competences and professionalism, saying that “I am convinced AES Bulgaria will continue to be a reliable business partner and to work for the stability and the development of Bulgaria’s energy sector”.

TAGS: AES | Bulgaria | management | Olivier Marquette | Ivan Tsankov | EurAsia | energy | AES Galabovo | thermal station 

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