New Leadership Elected at FIC Serbia Committed to Advancing Reforms and Economic Growth
Belgrade, 17th, December 2024 – The Foreign Investors Council (FIC) held the regular annual session of the Assembly, electing the new Board of Directors, adopting the Annual and Financial Report for 2024 and discussing key priorities for upcoming period. The “Committee of the Year Award” was rewarded, this time to the FIC Financial Services Committee, as the most active committee in 2024.
The new FIC Board of Directors consists of the following officials: A1 Srbija d.o.o. Beograd CEO, Judit Kinga Albers, Alma Quattro, COO, Slobodan Srdanović, G4S Secure Solutions d.o.o. Managing Director, Dawid Sold, President & CEO Hemofarm Vršac, dr Ronald Seeliger, Corporate Affairs and Communications Director at JTI Adriatica Goran Pekez, Nestle Adriatic S doo Country Manager for Serbia, Montenegro and North Macedonia, Marjana Davidović, Raiffeisen banka a.d. Beograd Chairman of the Managing Board Zoran Petrović, Roche d.o.o. General Manager (Serbia & Montenegro) Ana Govedarica, SICPA Holding SA Switzerland Lausanne Chief Representative Officer in Serbia and UMQ Sustainable Smart Solutions Founder & CEO Marinko Ukropina, Strauss Adriatic d.o.o. General Manager, Siniša Daničić, and Yettel Srbija d.o.o CEO Mike Michel.
The institutional members of the FIC BoD (directors) EBRD and EIB for the Western Balkans, with headquarters in Belgrade, Serbia are not part of the election process.
In line with FIC Statute, at the first meeting of the Board of Directors following the elections, the newly elected Board will appoint the BoD president and two Vice Presidents (one Vice President as a President substitute and the other Vice president to be authorized to represent the FIC in public).
The intensification of negotiations with the EU on Serbia’s membership status remains a key priority for FIC Serbia to harmonize domestic regulations with European standards and reduce geopolitical risk for investments and foreign trade. In the upcoming period, the focus will be on the more effective implementation of adopted laws and other regulations; supply chain management, and aligning the Serbian economy with EU requirements; enhancing knowledge and skills, creating a comprehensive environment for HR development; accelerating digitization across all social and economic sectors; advancing the green transition, improving waste management, promoting ESG principles and regenerative agriculture, strengthening energy independence, and diversifying energy supply, etc. Besides, it is necessary to bring and keep inflation within the target corridor, optimize the fiscal burden to encourage investments and economic growth, reduce public expenditures, and complete the restructuring of infrastructure companies to sustain adequate fiscal deficit and public debt levels.
The newly elected FIC Board of Directors thanked FIC members for their trust and support. They emphasized that, with a renewed team, FIC will intensify its efforts to advocate for faster reforms, improved implementation of laws, and alignment with EU regulations: “We are encouraged by the Government of the Republic of Serbia’s expressed commitment to strengthening cooperation through our joint Task Force with Serbian Government, which provides an outstanding platform for addressing and advancing progress on key issues critical to investors. This readiness for deeper collaboration underscores the importance of fostering a more efficient and predictable business environment,” the new FIC Board of Directors concluded.
Every year, the FIC Assembly is held with the support of our esteemed members. FIC members thank this year’s host, the Law Office Petrikić & Partners (CMS Belgrade), for their hospitality, support, and trust.
More information in the FIC Annual Report for 2024 available for free download on the FIC website (www.fic.org.rs).
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About FIC: From an independent business association founded by 14 companies, we stayed faithful to our principles and grew to gather more than 120 companies from all around the globe who have invested over EUR 45 billion and directly employ more than 116,000 people in Serbia compared to EUR 150 million of investments and 3.160 employees in 2003! FIC main goal is to influence the improvement of business climate in Serbia by making concrete reform proposals and building a business portal for communication with the authorities in Serbia. FIC is also focusing on promoting solid business ethics and high corporate governance principles within the organization and towards local companies, the Government, and other external stakeholders. Through support and active engagement of membership, FIC has proven to be a strict guardian of the business community interests and at the same time a reliable partner to the Government of Serbia and other relevant stakeholders.
