1981- graduated the Higher Economic Institute in Sofia.
1981 – 1989 - worked at the State Planning Committee and at the Ministry of Economy and Planning.
1988 – 1989 - Head of the National Financial Balances Department at the Ministry of Economy and Planning.
1990 – 1992 - Deputy Minister of Finance.
1991 – 1997 - member of the Plenary Council of the Bulgarian National Bank.
1992 – specialized at the Woodrow Wilson Institute on International Research to the Princeton University and the Institute of Economics, Denver, Colorado, USA.
1992 – 1995 - First Deputy Minister of Finance, Deputy Governor for Bulgaria at the International Monetary Found. and the World Bank
1995 – 1997 -Minister of Finance in the Videnov's Cabinet and Governor for Bulgaria at the World Bank
Since May 1997 is Executive Director of the Central Cooperative Bank