Boris Vujčić
Boris Vujčić | |
|---|---|
| Born | June 2, 1964 Croatia |
| Occupation(s) | Economist, academic |
| Years active | 1989–present |
| Known for | Governor of the Croatian National Bank since 2012 |
Boris Vujčić (born 2 June 1964) is a Croatian economist, academic, and has held the position of Governor of the Croatian National Bank since 2012.
Early life
Vujčić completed his studies at the Faculty of Economics in Zagreb in 1988 and obtained his PhD from the same institution in 1996.
Career
His professional journey started in 1989 as an assistant at the Zagreb Faculty of Economics. By 1996, he assumed the role of head of research at the Croatian National Bank. The following year, he began teaching at the Faculty of Economics and was promoted to associate professor in 2003.
From 2000 onward, Vujčić served as Vice Governor of the Croatian National Bank before being named Governor in 2012. His leadership coincided with Croatia's accession to the European Union in 2013. In 2018, he secured a second six-year term after reappointment by Prime Minister Andrej Plenković's coalition government.
Other activities
- Ex-officio member of the Governing Council at the European Central Bank (ECB)
- Ex-officio member of the European Systemic Risk Board (ESRB)
- Steering Committee member for Vienna Initiative 2.0
- Ex-officio member of the Board of Governors at the International Monetary Fund (IMF)
Policy positions
Throughout Vujčić's governorship, monetary policy has prioritized preserving the stability of the Croatian kuna against the euro under a managed float system. Early in his administration, he reiterated that euro adoption remained advantageous for Croatia. Nevertheless, he dismissed proposals for international financial bailouts amid economic difficulties following the 2008 financial crisis.
Controversy
In 2014, borrowers with loans denominated in Swiss francs called for Vujčić’s resignation after experiencing hardship due to a significant appreciation of the kuna. Additionally, in 2017, Croatia’s State Commission for Conflict of Interest examined whether Vujčić’s participation in an economic conference sponsored by UniCredit, which owns Zagrebačka banka, Croatia’s largest bank, constituted a conflict of interest.
External links
- Biography on the Croatian National Bank official website