Vel Davidov

EVP and Chief Financial Officer

Vel Davidov has served as Velera’s chief financial officer since March 2024. In this role, he leads the company’s Financial Planning and Analysis (FP&A), Mergers and Acquisitions (M&A), Treasury, Accounting, Tax and Settlement operations.

Davidov has more than 27 years of experience in the financial services industry. Prior to his current role, he served as senior vice president, Finance and Mergers & Acquisitions (M&A) at PSCU since April 2014. Since joining PSCU in 2002, he has played a key role in developing the Financial Planning, Analysis and Proposal support groups, in addition to leading the company’s M&A function. Under his leadership, the M&A program has added over $40 million in annual revenue since its inception in 2014, completed eight targeted acquisitions and formed key strategic alliances. Davidov holds a B.S. in Accounting from the University of Economics – Varna (Bulgaria) and an M.B.A. from the University of South Florida.

Vel Davidov headshot
Momentum for Your Mission

Your success is our mission. Let’s work together to propel your credit union forward.