He graduated from the University of National and World Economy, Sofia and obtained an Master of Science in economics (finance and cr) in 1992.
From 1992 to 1993 he taught Banking Management at the University of National and World Economy. In 1994 he specialised Business Communications, educational program organised in Sofia by the United States Treasury and the Federal Reserve Bank of Chicago. Ivan Iskrov took postgraduate studies on Mortgage Securities and Markets in United States of America (1999).
In October 2003 Ivan Iskrov was appointed to the position Governor of the Bulgarian National Bank.
The Corporate Commercial Bank collapsed in the summer of 2014, which subsequently led to his replacement by Dimitar Radev one year later. Ivan Iskrov is married to Ginka Iskrova, senior manager at PwC (Bulgaria).
They have a child.
He was an Member of Parliament at the Bulgarian National Assembly from 2001 to 2003, Chairman of the Budget and Finance Commission, Member of the European Integration Commission, and Member of the Bulgaria-European Union Joint Parliamentary Commission.