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Over its 25-year history, AG Capital has been fortunate to attract professionals with different backgrounds and experience. The group’s entrepreneurial spirit, commitment to its people, and strive for excellence motivates our people to build long-term careers within the group.

Deeply rooted in our corporate culture is our dedication to support strong management teams in our group companies and to retain senior management and top performers via our partnership program.

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    Dr. Christo Iliev
    Executive Chairman, AG Capital

  • Dr. Christo Iliev, MRICS is an entrepreneur with over 25 years of experience in investments and real estate. He is the founder and owner of AG Capital. He has a Master’s Degree in Economics, OPM from Harvard Business School, and a PhD in Economics and Management in Real Estate. He is CIPS and RICS (Royal Institute of Chartered Surveyors). Member of the Advisory Council of CEIBG/Confederation of Employers and Industrialists in Bulgaria and its vice chairman between 2014 to 2016. He is a founding member of the Board of Directors of Endeavor Bulgaria, a founding member of the Board of Directors of the Family Business Association (FBN) in Bulgaria for two consecutive terms between 2009-2014, and an Honorary Consul of the Republic of Mauritius in Bulgaria. Some other prominent positions he holds today include memberships in Harvard Club Bulgaria, Bulgaria City Club London, Bulgarian Business Leaders Forum, and Young Presidents' Organization (YPO).


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    Georgi Pavlov
    Vice Chairman, AG Capital, CEO, 3P1

  • Georgi Pavlov started his career in the heavy manufacturing industry. In 2006 Mr. Pavlov joined the AG Capital team as board member and CEO. In 2011 he became Address Real Estate CEO. He managed over Address’s threefold increase in market share. He holds a Master’s Degree in Mathematics and Business Administration and ACCA. He has been three times AG Capital CEO of the year in 2012, 2013 and 2014. More recently, Mr. Pavlov founded


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    Dimitar Savov
    Board Member, AG Capital, CEO, BLD

  • Dimitar Savov, MRICS joined Address in 1999. Mr. Savov’s career path went through various executive positions in the group: Finance Manager of Address Real Estate, Chairman of the Board of Directors of Address Invest and since 2006 BLD CEO and Managing Partner and AG Capital Board Member. His primary objective has been to establish and retain BLD as the leading residential development brand in Bulgaria. Mr. Savov holds a Bachelor’s Degree in Banking and a Master’s Degree in Finance from the University of Economics in Varna. He was also AG Capital’s CEO of the year in 2016.


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    Yordan Angelov
    CFO, AG Capital, Board Member, Atland

  • Yordan Angelov joined the team in 2006 as part of BLD’s management. He acted as Finance director of the first Bulgarian licensed operator of electronic payments between 2008 and 2011. In 2011, he was promoted to Finance Director at AG Capital. In 2016 he became BLD CFO. Mr. Angelov has a Masters in Finance from the University of Economics in Varna.


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    Atanas Belyovski
    Investments Director and Board Member, BLD

  • Atanas Belyovski joined the team in June 2011 as a Financial Analyst at BLD. He had a significant role in establishing BLD’s brand. Mr. Belyovski was appointed Director of Investments and became a member of the Board of Directors at BLD in 2014. He is a CFA member and holds a Bachelor`s Degree of Commerce in Banking and Finance from the University of Malta.


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    Tanya Kosseva-Boshova
    Managing Partner, Park Lane Developments MRICS

  • Tanya Kosseva-Boshova, MRICS has many years of commercial property market experience on the SEE market. In 2018 Mrs. Kosseva-Boshova joined the team of AG Capital as Managing Partner of the new office development company, Park Lane, with several projects in the pipeline. Previously, she acted as Partner and Managing Director of the two largest property companies in the country – Colliers International and Landmark Property. Ms. Kosseva-Boshova led the development, leasing, and management of the European Trade Center, the Burgas Plaza Mall and the Retail Park of Plovdiv. She is the Founder and Chair of the Association of Commercial Building Owners in Bulgaria, and a member of its Board of Directors. Ms. Kosseva-Boshova graduated from the American University in Bulgaria with Honors and double majored in Applied Economics and Business Administration.


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    Dobrin Staikov
    Group CFO & Head of Capital Markets, Lion's Head

  • Dobrin Staikov has over 20 years of experience in capital markets, private equity and debt finance. Prior to joining the AG Capital Group in 2016, Dobrin spent 12 years as senior investment officer at EBRD in London where he led multiple equity and debt transactions in Central Eastern Europe, Asia and Africa. He has also experience in Emerging Markets credit structuring and trading at Deutsche Bank London and in audit and transaction advisory at PwC New Zealand and Bulgaria. He has been a board member at financial institutions and corporates throughout Europe. He has BA in Business Administration and Political Science from the American University in Bulgaria and MBA from INSEAD and is a Chartered Certified Accountant in the UK.

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    Elitsa Tsenova
    CIO & Head of Asset Management, Lion's Head

  • Elitsa Tsenova has over 15 years of experience in real estate and M&A transactions. During her 10 years at AG Capital she was responsible for business development and execution of the key investment and partnership transactions. Elitsa has been involved with Lion’s Head since its inception helping establish the partnership between OLD Mutual Property and AG Capital, and build the company’s portfolio. She has MA in Strategic Management and BA in Business Administration from Sofia University St. Kliment Ohridski.

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    Anca Simionescu
    Country Manager Romania, Lion's Head

  • Anca Simionescu has 15 years of experience in commercial and residential real estate investment, asset management and business development. She has 8 years in managerial positions at Skanska Development as a Business Development Director for Romania; 5 years as Director at Forte Partners, setting up the residential development business of the company and implementing the development strategy. Anca has a Master’s Degree in Robotics from the University of Osaka and a Degree in Real Estate M&A from Harvard School of Business.

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    Vassil Chakarov
    Director Investments, AG Capital

  • Vassil Chakarov is an investment banker with 25 years of local and international experience. His area of expertise is structured debt and equity. He has lived in Moscow for almost 10 years, where he has held senior positions at Citi, Gazprombank and VTB Capital. For the last couple of years he has been working for Gemcorp Capital in London.

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    Michaela Lashova
    Director Investments Europe, AG Capital

  • Michaela Lashova is member of the Royal Institution of Chartered Surveyors, RICS Registered Valuer and RICS Ambassador for SEE. Michaela has a proven track-record of successful operations on a various management position. The last 15 years, prior joining the company she was managing partner of large commercial real estate firm. Mrs. Lashova has also a five-year career at UniCredit Leasing, part of the largest financial institution in Bulgaria UniCredit, where she headed the department of large corporate clients and real estate. Her main specialization is helping to attract and retain as clients key international investors and developers. Michaela also worked as General Manager at Jobs USA, acting as mediator in finding jobs abroad for Bulgarian professionals. She gained international experience at FFAA, Chicago, Illinois as Program Director and Program Manager.

    Mrs. Lashova holds a Master’s Degree in Financial Management from the City University – Washington and Bachelor’s Degree in Finance from the University of Illinois in Chicago.


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    Ludmila Savova
    Director Strategic Business Development, Lion's Head and Park Lane

  • Ludmila Savova has 20 years of experience in investments, strategy and business development with international companies in UK. She worked 8 years at EBRD in London as an Adviser to the Board of Directors and Manager in Official Co-financing. Ludmila has a BA in Economics from the Helsinki University and an MA in International Economic Relations from the University of National and World Economy, Sofia, Bulgaria. She is also a Research Fellow at the Marketing Department of the European Institute of Business Administration (INSEAD) in Fontainebleau, France.

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    Nikolay Dikov
    Chief Operations Officer, Atland

  • Nikolay Dikov started his career in one of the biggest Bulgarian banks as legal advisor of large corporate clients. He then moved to the real estate sector by becoming the head of the legal department in a property development company. He joined the group in 2008, becoming the CEO of the NPL and distressed asset management business. His commitment and professionalism enabled the successful growth of Frontex where he was a Managing Partner between 2012 and 2013. In 2018 Mr. Dikov led the establishment of Atland, which he heads as CEO. Mr. Dikov has a Master’s Degree in Law from the University of Sofia.


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    Liliya Chatalbasheva
    Head of Corporate Communications, AG Capital and Lion's Head

  • Mrs. Liliya Chatalbasheva joined the team in September 2020. She has a Master’s Degree in Public Relations from the University of Sofia and MBA from ALBA Graduate Business School in Athens.  Mrs. Chatalbasheva has almost 20 years of professional experience in marketing and communications. Throughout the years she worked for various global and regional brands in telecommunications, fmcg and finance. Her corporate experience evolved in companies such as British American Tobacco, A1 and L’Oreal. She also worked for M3 Communications Group, one of the leading communications consultancy companies in Bulgaria. Liliya was one of the pioneering team members who set the ground for the future growth of Netinfo, the biggest Bulgarian digital media company nowadays.

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    Irina Vasileva
    Chief of Staff, AG Capital and Lion's Head

  • Irina Vasileva joined AG Capital's management team in 2019. Her primary role is in overseeing and supporting staff and streamlining day-to-day operations in the group. She has extensive experience in the field of customer service and corporate communications while working for leading companies in the telecommunications, banking and oil industries. Mrs Vasileva holds a Bachelor’s Degree in Trade from the University of National and World Economy in Sofia.

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    Lilia Banakieva
    Legal Counsel, AG Capital

  • Mrs. Lilia Banakieva joined the team in July 2015. She has a Master’s Degree in Law from the University of Sofia. Mrs. Banakieva started her career in 2000 as a corporate lawyer in Penkov, Markov and partners, one of the leading law firms in Bulgaria. In 2011 she became a Head of Legal Department in Bulgarian Development Bank. As a corporate lawyer she has a significant experience in M&A, Banking and Financing, Company Law, Contracts and Commercial Law and Legal Representation.

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    Stoycho Tahtazhiev
    Chief Accountant, AG Capital

  • Stoycho Tahtazhiev is AG Capital’s Chief Accountant since 2008. He has nearly 20 years professional experience in Accounting. Mr. Tahtazhiev is in-charge of all accounting activities of both financial and management accounting. He is also responsible for preparing financial and performance reports, assisting departments with financial reviews, internal control and tax studies. Other Employments: Schneider Electric and Doverie united holding PLC.