Friday, 10th October 2025

Irena Radović Appointed Governor of the Central Bank of Montenegro

In a pivotal session, the Montenegrin Assembly has elected Irena Radović as the Governor of the Central Bank of Montenegro, marking a significant moment in the country's financial leadership. 

The decision saw a strong majority in Radović’s favour, with 58 members of the assembly voting for her appointment, while 13 opposed.

Previously serving as the director of the Investment Development Fund, Radović’s candidacy was backed by the President of Montenegro, Jakov Milatović. In his address to the assembly, Milatović underscored the urgency of freeing the Central Bank from perceptions of being an institution mired in nepotism. He emphasized the pivotal role the new governor will play in Montenegro’s bid to join the European Union. Strengthening the Central Bank, he argued, is crucial for Montenegro as it prepares to enter the final stage of EU accession, which includes joining the economic and monetary union.

Milatović also lauded Radović’s qualifications, citing her commendable work at the Investment Development Fund and highlighting her professional and personal integrity. This appointment is seen as a step towards enhancing the reputation and effectiveness of the Central Bank in a critical phase of Montenegro’s integration into European structures.

Have a news tip or story to share? Email us at info@connectingregion.com

Zuckerberg Predicts Mobile Phones Will Disappear by 2030

TThis is inevitable as new technologies like augmented reality (AR) glasses and virtual reality (VR) devices reshape how people...

ProCredit Launches ProConnect Platform

The platform is the first of its kind in the region, offering firms the ability to present their products...

Switzerland Tops Global Innovation Ranking, China Enters Top 10

China has entered the top 10 for the first time, taking the 10th spot and replacing Germany, which fell...

Meta, Google, Microsoft Pay Top AI Experts Up to $300K

Meta, Google, and Microsoft offer top researchers up to $300,000 annually—and up to $1.5M over four years. Meta recently...

World First: Albania Elevates AI to Ministerial Rank

In a world first, Albania has appointed an artificial intelligence system to ministerial rank. Prime Minister Edi Rama announced...
spot_img

Connecting the Adria Region Decision Makers

The Region is more than a publication - it's where the region's elite converge for insights and opportunities