Sebastian Vlădescu

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Sebastian Vlădescu
Sebastian Vlădescu
Minister of Public Finance
In office 2005 – present
Preceded by	Ionuţ Popescu
Born	3 April 1958
Political party	National Liberal Party

Sebastian Vlădescu (born 3 April 1958) is a Romanian economist and politician. He has been the Minister of Public Finance of Romania since 22 August 2005. He is a member of the National Liberal Party.

Vlădescu graduated in 1983 from the Commerce Faculty of the Academy of Economic Studies in Bucharest. He was a State Secretary and a Counselor in the Ministry of Industry and Commerce in 1997 and in the Ministry of Finance between 1998 and 2000. Between 2001 and 2005 he was a finance director in a private company and between April and August 2005 he was president of the Supervising Council of Banca Comercială Română. PERSONAL DATA: Date of birth: 3rd of April 1958;

EDUCATIONAL BACKGROUND • 1997, postgraduate degree in Capital Markets, Direct investments, Meryl Linch Institution, USA; • 1983, Faculty of Commerce, Academy of Economic Studies;

FOREIGN LANGUAGES French: fluently; English: fluently; Italian: fluently;

Actual position: President of BCR (Romanian Commercial Bank) Supervision Council;

PROFESSIONAL BACKGROUND • As of now, member in two Administration Councils that perform remunerated economic activities, namely the administration councils of PETROM SA and UPETROM SA. CEROPE is an NGO with activities in the field of drafting macro- economic studies; the activity is strictly academic and is not remunerated. I am shareholder at the following companies: PVB EUROCONSULTING S.R.L; BOSS EXIM TRADING GROUP S.R.L; BOSS CONSTRUCTII si CONSULTANTA S.R.L; HEMAT – ROM S.R.L; CENTRUL MEDICAL “POLIMED’’, ROMANIAN SOFT COMPANY S.R.L., CLIMATE CHANGE S.R.L., CLIMATE CHANGE S.R.L, RAPID CREDIT S.R.L. • April 2005, President of the Supervision Council of BCR, BCR, Bucharest; • 2005, Member in the Administration Council of PETROM S.A, Bucharest; • 2003-2005, Member in the Administration Council of C.E.R.O.P.E Bucharest, performing academic activity, non remunerated, the center being a non – profit organization; • 2002- 2005; Member in the Administration Council of UPETROM 1 Mai Ploiesti; • 2002- February 2003, Member in the Administration Council of PETROM SERVICE, Bucharest; • 2001- 2005, Financial Director of Medist S.A Bucharest; in charge with financial banking activities, revenues and expenditure budgets, financings, payments, foreign currency operations, checking of financial accounting balance; • 2000- January 2001, Member in the Administration Council of CEC( Saving Bank), Bucharest; • 2000 – January 2001, Member in the BCR Privatization Commission, Bucharest; • 2000, Interministerial Guarantee Commission for external credits, EXIMBANK, Bucharest; • 2000, President of Auditors Chamber, Bucharest; • 2000, President of the AVAB Trust Council, Bucharest; • January – December 2000, Secretary of State, Ministry of Finance, responsibilities: budget, public debt, negotiations with WB and IMF; Bucharest; • October – December 1999, Adviser of the Minister, in charge with budgetary issues, capital markets, development of SMEs activities, Ministry of Finance, Bucharest; • 1998- 1999, Shareholder and Financial Director in charge with financial – banking activities, revenues and expenditures budgets, financings, payments, foreign currency operations, checking of financial accounting balances; • January – April 1998, Adviser of the Minister, in charge with budgetary issues, capital markets, development of SMEs activities, Ministry of Finance, Bucharest; • July – December 1997, Adviser of the Minister of Industry and Commerce; representative of the Ministry of Economy and Commerce in the negotiations with IMF and World Bank and upon the unfolding of signed agreements; Ministry of Industry and Commerce, Bucharest; • February – August 1997, Interministerial Commission of External Credits Guarantees, EXIMBANK, Bucharest; • January – June 1997, Secretary of State, Ministry of Industry and Commerce, in charge with the financial department, payments including subsidies and transfers; representative of the Ministry of Industry and Commerce in the negotiations with IMF and the World Bank, Ministry of Industry and Commerce, Bucharest; • 1994 – 1997, Shareholder and Director, in charge with marketing and financial banking activities, financings, payments, foreign currency operations, MEDIST S.A, Bucharest; • 1992- 1994, Shareholder and Director, COMP BANC SRL, in charge with marketing and financial banking activities, financings, payments, foreign currency operations, Bucharest; • 1990- 1992, Shareholder and Director, GAS PROD COM SRL, in charge with marketing and financial banking activities, financings, payments, foreign currency operations; • 1983 – 1990, economist, IRVMR, in charge with unfolding investments programs, procurements, payments to suppliers; Bucharest; • 1983, economist, COS, in charge with liabilities recovery; Targoviste;