Born 1953 in Sofia. Married, has one son.
Graduated in Economics and Organization of Domestic Trade from the University for National and World Economy in Sofia. PhD in Economics. Associate professor at the University for National and World Economy. Director of the Tax Autorities in Sofia 1990-93. President of Bank Consolidation Company March 1994 - May 1995. He was a member of the Boards of Directors of Bank for Agricultaral Credit, Bulgarian-Russian Invetment Bank, and Neftochim rafinery. Secretary on economics issues in the Presidency since Jan. 1997.
Minister without portfolio responsible for the relations with the international financial organizations since March 1997.