Stefan Nanu

General Director, Treasury and Public Debt
Ministry of Public Finance of Romania

Stefan Nanu is currently General Director of the Treasury and Public Debt Department in the Ministry of Public Finance of Romania, coordinating the debt and cash management process in the Ministry across the three departments involved: front office, back office and middle office. His main activities are related to sovereign borrowings from the external and domestic markets, sovereign guarantees, sovereign risk management, servicing government debt, debt management strategy, cash management, management of the single account of the treasury and the interbanking electronic payments.

Previously he was adviser to the Dutch executive director (2009 to 2011) and alternate executive director (2011 to 2013) in the Dutch Constituency Office, World Bank, representing one of the largest constituencies in the World Bank's board of executive directors which includes the following countries: Armenia, Bosnia Herzegovina, Bulgaria, Croatia, Cyprus, Georgia, Israel, Macedonia, Republic of Moldova, Montenegro, Netherlands, Romania, and Ukraine. During his term in the Dutch Constituency Office, he covered mostly the issues regarding WB strategy, treasury operations, risk management, budget, corporate governance, pricing, net income allocation as well as WB operations in ECA (Europe and Central Asia) countries. Before June 2009, he held various positions in the state treasury and public debt department (from junior expert in 1998 to general director in 2006) covering the treasury operations, public debt management, financial markets, and the relationship with IFIs. From 2005 to 2006, he acted as an adviser to the state secretary in charge of public debt management and state treasury. From 2004 to 2005, he acted as an adviser on banking privatizations, capital markets and business environment within the Chancellery of the Prime Minister, Programmatic Adjustment Loan (PAL) project management unit.

Stefan Nanu is currently a member of the Supervision Board of the Romanian Bank for Credits and Investments and a member of the general assembly of shareholders of the National Guarantee Fund for SMEs Lending. In the past he was also a member of the Economic and Finance Committee (EFC) from 2008 to June 2009, and an alternate member of the European Investment Bank (EIB) executive board (2007 to 2008). He holds a BA in economic cybernetics and forecasting, and an MA in management of public institutions, both from the Academy of Economic Science (Bucharest).