AUBG Appoints New Chair of the Board of Trustees, VP for Finance and Operations, VP for Strategy and Institutional Effectiveness
Mr. Michael Marvin has been elected AUBG’s new Chair of the Board of Trustees at the Board meeting that took place June 19-21. Mr. Marvin joined the Board in 2019 and has generously contributed to the AUBG Board and leadership. Michael Marvin has served on dozens of not-for-profit, public and private company boards and has extensive experience in public and private educational institutions at every level. He currently serves on the board of the Bulgaria Entrepreneurship Center and two other private company boards. He is also the second highest individual donor to AUBG this fiscal year.
“It is an honor and a privilege to be appointed the Chair of the AUBG Board of Trustees,” Marvin said. “On behalf of the entire Board, I would like to express my deepest gratitude to the Acting Chair of the Board Victoria Entwistle for her extraordinary leadership and countless efforts in serving the university. Her passion for AUBG is contagious and I am proud that we will be working alongside for the wellbeing of AUBG.”
Ms. Enwistle has resumed her original duties as Deputy Chair of the Board.
During the regular Committee meetings, the Board received updates on AUBG’s success in continuing to serve its students during the pandemic, admissions prospects for Fall ‘21 and initiatives for the upcoming 30th Anniversary of AUBG. In addition, the Board spent a considerable amount of time discussing AUBG’s five-year strategic plan.
The Board extended its gratitude to Trustee Julian Milev (’99) who supervised and directed the budgeting process in the absence of a VP for Finance. Along with that, the Board commended Maria Lazarova, AUBG Financial Analyst, and Dessislava Slavcheva-Markovska, AUBG Grant Accountant, who went above and beyond the call of duty in organizing and preparing AUBG’s financial plans. The new budget was approved unanimously.
The Board also approved the appointment of Ms. Dilyana Mileva as Vice President for Finance and Operations, and Ms. Karina Ulucheva (‘07) as Vice President for Strategy and Institutional Effectiveness*, a new senior leadership position created on the advice of the Board of Trustees to support the strategic plan and to respond quickly and thoroughly to the university’s need for process improvements, internal controls, and policy revision and documentation.
“Dilyana and Karina, who will be joining us in July, were both identified through our recent CFO search led by Trustees Julian Milev (‘99) and Michael Marvin, and me, and they bring extraordinary skills and experiences to their work at AUBG,” said AUBG President Dr. David Evans. “They have both met extensively with the leadership team, and have already each contributed their expertise to current projects; Dilyana made significant valuable contributions to the budgeting process with Julian Milev, and Karina has already consulted with me on the results of the AFA internal audits and joined the leadership team for part of our strategic retreat. Identifying two exceptional candidates from one search was a fortunate opportunity for the university to increase our capacity to manage and improve our operations, compliance, and finances.”
Dilyana Mileva holds a B.A. and M.A. in Audit and Accounting from the University of National and World Economy in Sofia, and has extensive professional experience as finance manager, internal auditor, controller, and CFO at AmCham and NN Insurance in Sofia. She is an ACCA certified Chartered Accountant, and holds a variety of other training and professional certifications.
Karina Ulucheva ('07) holds a B.A. in Business Administration from AUBG and an MBA from INSEAD (Singapore and Fontainebleau), and is an ACCA Affiliate. She has worked in a variety of capacities in project management and process optimization, business development, and financial management, has experience implementing enterprise software, and most recently has been a team leader for audits for PWC in Sofia.
“I am excited that they both have chosen to join AUBG, as they bring complementary strengths that will make a significant difference as we continue to improve financial and broader risk management and strategic execution at the university,” Evans said.
In response to students' concerns and the increased demand of virtual services, the Board has approved a new WiFi provider. The Board extended its appreciation to Trustee Svetoslav Georgiev (EMBA’05) who provided crucial oversight during the tender process for selecting the best provider for this service.
During the meeting, the board also expressed gratitude to the university community for staying united during these difficult times and putting in practice the true meaning of the AUBG spirit and resilience.
*Texas Tech University Health Sciences Center, El Paso, defines Institutional Effectiveness (IE) as the “process whereby institutions engage in ongoing self-evaluation in order to measure achievements and outcomes as they relate to the institution’s mission. The overall goal of institutional effectiveness is to determine whether an institution’s units and departments are addressing the institutional mission.”