Boris Lalovac is new FinMin


Prime Minister Zoran Milanović has appointed Deputy Finance Minister Boris Lalovac to be the new Minister of Finance. The decision was taken after the Prime Minister sacked Slavko Linić over apparent financial irregularities.

A number of newspapers are reporting the Prime Minister as saying “Minister Linić does not enjoy my confidence any longer and I will propose that he be replaced by his deputy, Boris Lalovac.”

Boris Lalovac (38) has a Master’s degree from the Faculty of Economics in Zagreb and is a graduate from the Faculty of Tourism and Foreign Trade in Dubrovnik.

He was a lecturer in Transaction Banking, Financial Management and Control and Auditing at the Libertas Business School in Zagreb as well as teaching other financial courses at The Effectus University College; College for Law and Finance in Zagreb.

Boris Lalovac then became an Associate at the finance company Auto-Hrvatska dd Zagreb and then Deputy Head of Controlling at Carbon-Nova Ltd, Zapresic. In 2005 he moved to Raiffeisen Leasing where he became Director of Accounting, Financing and Reporting. In 2011 he joined the Ministry of Finance as Deputy Finance Minister.

He speaks two other languages, English and Italian and is a member of the Social Democratic Party of Croatia (SDP).

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