President, MK Group
Miodrag Kostić, President of MK Group and President of the Management Board of AIK Bank, graduated from the Faculty of Economics at the Department of Information Technology in 1983.
With 35 years of experience, Mr. Kostić is one of the most prominent businessmen in Southeastern Europe. As such, he chairs MK Group, which consists of 75 affiliated companies and has more than 7,000 employees throughout the Balkan region. Frequently referred to as an expert in a number of industries, Mr. Kostić’s main business activities are focused on agriculture, banking and tourism.
Mr. Kostić is a member of numerous local and international business associations such as AmCham, the British-Serbian Chamber of Commerce, the Serbian - Italian Business Council, the Swiss - Serbian Business Association, the Serbian Association of Managers (SAM), and the National Alliance for Local Economic Development (NALED). He is also the former President of the Serbian Business Club “Privrednik”, comprised of the 40 most successful entrepreneurs in Serbia.
As the business community recognizes the expertise and dedication of Mr. Kostić to improving the economy throughout the Balkans, he is often asked to participate as a speaker at a wide range of eminent conferences at home and abroad, such as at the annual EBRD meetings (in Casablanca, 2011 and Istanbul, 2013), Summit 100 (in Montenegro in 2013, Croatia 2014 and Slovenia 2015), FMCG Retail and Agribusiness Arena (in Dubrovnik, 2014), the London Stock Exchange CIS & CEE Investor Conference (in London, 2015), Expo (in Milan in 2015), the 33rd Financial Conference (in Portorož, 2016), the Kopaonik Business Forum (2015, 2016, 2018), among 300 others.
Miodrag Kostić has always underscored the fact that business success must also benefit the society at large. With this is mind, MK Group has regularly invested in 74 municipalities where its employees live and work. The company’s commitment to philanthropy is best demonstrated by its charity given to education and child health program throughout Serbia.
Mr. Kostić has built a Youth House in SOS Children's Village in Kraljevo. In the summer of 2013, he has decided to give his family house in Novi Sad, Kostić Family Endowment, for the permanent use of children with cancer and their parents within the Institute for Health Care of Children and Youth of Vojvodina. In 2018, Miodrag Kostić has successfully implemented the humanitarian action Magnet for Love, whereby the Children's Hospital in Novi Sad received the most modern equipment for magnetic resonance and accompanying equipment. In this regard, Mr. Kostić is the first Serbian to be presented with the Badge of Honour Award by the International Organization SOS Children's Village.
His expertise, achievement, and perseverance have been recognized with numerous awards, including Business Man of the Year, the Most Successful Man of Vojvodina, the Most Successful Businessman, the Best Manager of South East Europe 2011, the Golden Dinar of Emperor Dušan – the company of the decade, Belgrade Winner, The Business Partner of the Year, and the Charter of Excellence. MK Group has been proclaimed one of the best companies in the Balkan region on several occasions.