Radoje Žugić, PhD
Governor of the Central Bank of Montenegro
Radoje Žugić
Date of birth: 3 April 1961
Place of birth: Žabljak, Montenegro
| Education | |
|---|---|
| 2011 | PhD in Economics, Faculty for Banking, Insurance and Finance, “Union“ University, Belgrade |
| 1987 | MSc in Economics, Faculty of Economics, University of Montenegro |
| 1985 | BA in Economics, Faculty of Economics, University of Montenegro |
| Professional career | |
|---|---|
| Since October 2016 | Governor of the Central Bank of Montenegro |
| May–October 2016 | Advisor to the Prime Minister of Montenegro |
| 2012–2016 | Minister of Finance in the Government of Montenegro |
| 2010–2012 | Governor of the Central Bank of Montenegro |
| 2004–2010 | Director of the Pension and Disability Insurance Fund of Montenegro |
| 2001–2004 | Deputy Director General of the Central Bank of Montenegro for Payment System Operations |
| 1999–2001 | Director of the Clearing and Payments Agency (ZOP), Podgorica Subsidiary |
| 1992–1996 | Secretary of the Directorate of Public Revenues |
| 1987–1992 | Financial Director of the Auto-Moto Association of Montenegro |
| Other functions |
|---|
| He has been the Governor of Montenegro in the International Monetary Fund since 2016. |
| He is the founder and Editor-In-Chief of the Journal of Central Banking Theory and Practice. |
| He was an MP in the Parliament of Montenegro and the Parliament of the State Union of Serbia and Montenegro in many parliamentary sessions. |
| He participated on the boards in two commercial banks – Podgorička banka (before privatization) and Prva banka Crne Gore, as a representative of the state capital. |
| He chaired the Boards of Directors of Servisimport company, the Central Depositary Agency, and Lovćen Insurance. |
| He was a member of the Committee for the Economy, Finance and Budget of the Parliament of Montenegro, the Statistical Council of Montenegro, the Institute of Accountants and Auditors of Montenegro, the Economic and Social Council, and committees and working bodies of the Government of Montenegro. |
| Awards and recognitions |
|---|
| In 2014, he received the “Best Minister” award in recognition of his efforts to creating a favourable environment for the economical and business development in Southeast and Central Europe. |
| Publications (published papers) |
|---|
He published many scientific papers, contributions and overviews on various economic and social topics: investments and development, structure and structural changes, payment system reforms, economic and social policy, and pension system reforms. |