Minister of Finance, Government of the Republic of Serbia
Siniša Mali was born in Belgrade on August 25, 1972.
After graduating from the Fifth Gymnasium in Belgrade, Minister Mali enrolled in the Faculty of Economics at the University of Belgrade. He graduated top of his class and was honored as the “student of the generation” for his exceptional academic achievements. Furthermore, he received numerous accolades for his thesis.
Minister Mali obtained his Master’s degree in 1999 at the Washington University in St. Louis, Missouri, U.S.A. through the Ron Brown Scholarship Program. During his studies, he worked as an assistant professor in five different academic fields pertaining to business and finance. Minister Mali was honored as the best student in the field of finance and ranked among the top 10 best students in the 20 highest ranking business schools in the United States that year.
In 2013, Minister Mali obtained his PhD from the Faculty of Organizational Sciences at the University of Belgrade. He successfully defended his doctoral dissertation titled: "Value creation through the process of restructuring and privatization - Theoretical Concepts and Results Achieved in Serbia".
In April 2014, Minister Mali was elected by the Belgrade City Assembly as the 73rd Mayor of Belgrade after previously serving as the President of the Temporary Council. Prior to becoming Mayor, he served as a Special Adviser for Economic and Financial Affairs to the Prime Minister of the Government of the Republic of Serbia, Mr. Aleksandar Vučić.
For many years, Minister Mali worked as a financial advisor and consultant in the private sector. He worked for several privately owned companies specializing in the field of provision of financial advisory services. He worked in “Deloitte & Touche Company” in Belgrade and Prague as a consultant where he advised clients in numerous successful mergers and aquisitions.
He also worked as a financial consultant for financial restructuring and business consolidation of privately owned and public enterprises.
In 2001, Minister Mali served as the Assistant Minister for Privatization in the Ministry of Economy and Privatization. Later that same year, he was transferred to the Privatization Agency where he was appointed Director of the Center for Tender Privatization. He remained in that position until the end of 2003.
Mali was sworn in as the Minister of Finance on May 29, 2018. He was nominated for that position as a renowned and eminent financial expert who has worked for the most prominent consulting companies in the world. He was praised for his accomplishments at the helm of the City of Belgrade, having managed to implement a comprehensive financial consolidation strategy which cut the City’s debt in half and substantially reduced the budget deficit.
During his tenure, the City of Belgrade for the first time in history received a credit rating which, according to the “Moody's” credit rating agency, amounts to BA3. Minister Mali is a Chartered Financial Analyst (CFA) and a member of the CFA Institute, Serbian Business Angels Network, Fulbright Alumni Association of Serbia, and the British-Serbian Business Club. Furthermore, Minister Mali is a licenced Portfolio Manager with the Securities Commission of the Republic of Serbia.
In June 2017, as a VI class student, Minister Mali completed the Advanced Security and Defense Studies in the Serbian Armed Forces.
In 2014, he received “The Best European” award (Nagrada Najevropljanin) from The First European House in Belgrade for his dedicated work on the development and reconstruction of Belgrade. While Minister Mali served as the Mayor of Belgrade, the City was honored as the "Most Tolerant City in the Region" by the European Movement in Bosnia and Herzegovina.
Minister Mali is actively engaged in various sports. He was awarded the honorary fifth-degree black belt in Taekwondo for his contribution to the overall improvement of sports. Also, he regularly participants in the annual Belgrade Marathon.
Minister Mali is fluent in English, understands Greek and is currently learning Chinese.
He ran Athens Marathon in September 2018.
He has three children - Teodor, Viktor and Lola.