Where are the former Serbian finance ministers now?

Sinisa Mali is the tenth minister of finance in the Serbian government since the democratic changes in 2000. Of the six ministers in this position, Mladjan Dinkic and Mirko Cvetkovic were the only two to serve two terms in the office in different governments.

Bozidar Djelic, Diana Dragutinovic, Lazar Krstic and Dusan Vujovic were all appointed to the function while three, out of nine former finance ministers, were only acting ministers – Vesna Arsic, Milan Parivodic and the current Prime Minister, Ana Brnabic.

Bozidar Djelic (finance minister from 2001 to 2004)

He became a member of Zoran Djindjic’s government thanks to his previous experience of reform advisor in the governments of Poland, Russia and Romania. He was also employed at McKinsey’s consulting company.

In addition to finance, Djelic also worked in the ministries of economy, science and technological development.

He was also the chief negotiator with the European Union, as deputy prime minister in charge of the EU integration process.

He now works for the Paris-based investment bank, Lazard.

The last time he publicly spoke it was a few days ago when he supported Branislav Lecic as president of the Democratic Party.

Mladjan Dinkic (2004 – 2006 and 2012 – 2013)

Dinkic is one of the founders of G17 expert organization, and later it became its vice president and president. The organization was later transformed into the G17 Plus and subsequently into the United Regions of Serbia (URS) political parties.

He began his career in state institutions, as the first governor of the National Bank of Yugoslavia after the October 5th political upheaval. After that he was appointed Minister of Finance in the government of Vojislav Kostunica.

He held two terms in the office as the Minister of Economy and was also one of the directors of the Ski Association of Serbia.

Upon the arrival of the Serbian Progressive Party (SNS) to the political stage, he returned to the Government of Serbia as the Minister of Finance.

He withdrew from politics in 2014, when the URS did not pass the election threshold.

Today, the Russian Sberbank lists Dinkic as one of the Board members.

He is also writes songs and is credited on the albums of various pop and folk singers as their songwriter.

Mirko Cvetkovic (2007 – 2008 and 2011 – 2012)

For most of his career, he worked as a consultant – in the 1980s, he worked for the World Bank, UNDP, the Economic Institute and CES Mecon.

In 2003, he became the Director of the Privatization Agency, which he managed for a year, after which he returned to being a consultant.

In politics, he was appointed Minister of Finance in the government of Vojislav Kostunica, in order to quickly succeed Kostunica himself as prime minister.

After Diana Dragutinovic’s departure from the government, along with his prime minister’s job, Cvetkovic also carried out the duties of the Finance Minister.

Since 2013, he has been working as a consultant for the World Bank consulting team, with duties that often take him to Belarus, where he consults regarding privatization.

Diana Dragutinovic (2008 – 2011)

Before she was appointed special advisor in the Government of Zoran Djindjic in the Ministry of Finance, and Dragutinovic worked as an advisor to the IMF.

Since 2004, she had served as Vice Governor of the National Bank, where she remained until her appointment as the Minister of Finance in 2008.

Upon departure from the government of Mirko Cvetkovic, she returned working for the National Bank of Serbia.

Although the governors come and go, Diana Dragutinović retained her post of Vice Governor.

 Lazar Krstic (2013 – 2014)

The Serbian government, led by the then Prime Minister, Ivica Dacic, had the youngest Finance minister ever, Lazar Krstic.

After graduating from the Yale University, Krstic started working for McKinsey & Company consultancy.

He returned to the same company when he left the government only eleven months later.

The media reported that, since then, Krstic has been working for McKinsey in Switzerland, and that he was in Belgrade when the company opened its office in the Serbian capital.

Dusan Vujovic (2014 – 2018)

For many years, Vujovic was an associate and consultant of the World Bank, for which he had conducted various missions in the countries of Eastern and Southern Europe, China and Vietnam.

He was also a representative of the State Union of Serbia and Montenegro at the World Bank and its leading economist for Europe and Central Asia.

He entered the Government of Serbia as the Minister of Economy, but soon took over the finance department.

After Bratislav Gasic was dismissed from this position of the Defence Minister for being rude to journalists, Vujovic became the Acting Defence Minister.

In a written resignation as the finance minister, Vujovic wrote that “four years is enough for a man to demonstrate what he knows in public function”.

He claims that he has resigned for personal reasons and did not specify what his next career steps would be.

(BBC Serbia, 30.05.2018)


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