Ivaylo Ivanov was born on February 21st 1967 in the town of Teteven.

He graduated the Economic Academy "Dimitar Tsenov" in the town of Svishtov with a Master's degree in Finance and Credit in 1993.

In 2008 he graduated as a Master of Law at SWU "Neofit Rilski" in Blagoevgrad.

Professional Experience:

In the period 2003-2016 he worked at the Social Assistance Agency, as till September 2009 he was the Deputy Executive Director and after that he was appointed to be the Executive Director.

From June 2016 to September 2017 he was a Deputy Minister of Labor and Social Policy being responsible for the unemployment protection policies, employment incentives, the labor market, labor migration and free movement of workers, labor law, public safety, health and safety at work and social security. He was to observe and coordinate the activities of the Employment Agency and the Executive Agency "Labor Inspectorate".

He has a long professional experience in the field of insurance.

On 19 September 2017 he was elected by the National Assembly as the Governor of the National Social Security Institute.