Nikolay Nankov was born in 1983 in Apriltsi. He holds a Master's degree of regional development and management from Sofia University St. Kliment Ohridski. In September 2011 he was appointed as Deputy Minister of Regional Development and Public Works with responsibilities for the Agency of Geodesy, Cartography and Cadastre, the Directorate for National Construction Control, Directorate General Civil Registration and Administrative Services and Directorate General Strategic Planning of Regional Development and Administrative-Spatial Structure.
He is a member of the Monitoring Committee of the Operational Program Regional Development 2007-2013. He has a certificate of the Bulgarian Economic Forum "Attracting Foreign Investments".