Board of directors

Arandarenko Mihail

Mihail Arandarenko is Full Professor of Labour Economics at the Faculty of Economics, University of Belgrade and Chairman of the Board of the Foundation for the Advancement of Economics (FREN). He obtained his PhD from the University of Belgrade in 1998 and spent academic 1999-2000 as post-doctoral fellow at the Collegium Budapest – Institute for Advanced Study. He has published extensively,  including the monographs: ’Labour Market in Serbia: Trends, Institutions, Policies’ (2011), 'Mapping Serbian Labor Market' (2006), 'Development of Social Policy in Serbia and Montenegro' (2003), and 'Economic Theory in Transition' (1997). Prof. Arandarenko's research areas include labour markets, employment programmes, industrial relations and social policy. He has been consulting short and long term for leading international agencies, including the World Bank, UNDP, ILO, EAR, OECD, USAID etc. He is a national correspondent of the European Employment Observatory, a project of the European Commission. He is a member of Employment Council of Serbia since 2001. He served as the Lead Advisor for the implementation of Poverty Reduction Strategy of Serbia (2004-2005), Chairman of the Task Force for the preparation of National Employment Strategy (2005) and Chairman of the Working Group for the preparation of the Law on employment and insurance in case of unemployment (2009).  

Gorana Krstić

Gorana Krstić was born in 1967 in Belgrade. She graduated from the Faculty of Economics, University of Belgrade in 1990 and finished her master studies in Statistics at the Faculty of Economics, University of Belgrade in 1996. She obtained her PhD in Economics at School of Social Sciences, Sussex University in 2002.

She is an Associate Professor at the Faculty of Economics, University of Belgrade. Her main research interests are the labour markets, informal economy, poverty and social policy. She has published (and edited) 12 monographs in these fields and has had more than 40 articles published in both national and international journals. She is co-author and co-editor of the forthcoming book “Formalizing the Shadow Economy in Serbia, Policy Measures and Growth Effects“ (Springer) and co-author of the text book “Economic Statistics“ (Faculty of Economics, University of Belgrade). She has been consulting short and long term for leading international agencies, including the World Bank, UNDP, ILO, EC and USAID. She has been World Bank consultant for the labour market, poverty and social policy for the regions of South Europe, Caucasus, and Central Asia. She has won a few competitions for individual and institutional research for which she was the team leader (National Bank of Serbia, Vienna Institute for International Studies, UNDP, UN, USAID). She has participated in a number of congresses, seminars and workshops in Serbia and abroad.  


Lončar Dragan

Dragan Loncar was born in Belgrade in 1978. He graduated from the Faculty of Economics in 2001, completed Master course in Management Studies at the University of Cambridge (Judge Business School) in 2003, and acquired PhD title at the Faculty of Economics in 2007. He was awarded Fulbright scholarship (academic year 2008/2009) for postdoctoral research in financial management. The research was completed during 2009 at the University of Chicago (Booth Business School). He is a CFA Level III Candidate. Currently, he works as Associate Professor and Vice Dean at the Faculty of Economics in Belgrade and an MBA lecturer for Texas A&M University in Corporate Finance. Beside strong conceptual background developed during his academic developement, he also possesses a range of relevant experience comprising assignments for commercial enterprises, public institutions and donor-funded projects. His main area of expertise lies in corporate finance, strategic planning, market research, decision modeling and risk management. Dragan is the co-author of the reference book for Project Management and the author of numerous research studies.

Ognjanov Galjina

Galjina Ognjanov was born in Belgrade in 1974. She graduated in 1997 and finished her master studies in 2001, and defended her PhD thesis "Characteristics of the marketing communication system in Southeast Europe countries" in 2004, at the Faculty of Economics, University of Belgrade. 

Galjina works as an associate professor at the faculty of Economics, University of Belgrade. Her areas of expertise are marketing communication, sales, negotiations and public relationship. She has published a number of scientific papers in a number of scientific magazines, proceedings, other publications and three monographs. She is one of the founders of the Society for public relationships, established in 2004 in Belgrade.



Saša Ranđelovć

Sasa Randjelovic works as teaching assistant at the Faculty of Economics – University of Belgrade. He is fellow of the Foundation for Advancement of Economics (FREN), in charge of fiscal policy issues, with particular focus on tax policy. He is executive editor of the Quarterly Monitor, FREN’s flagship publication – quarterly bulletin of economic trends and policies in Serbia. In the editorial board of Quarterly Monitor he is in charge for the analysis of fiscal flows and policies.  

Sasa was engaged on numerous research projects and since 2011 he is occasionally engaged as external consultant with the Fiscal Council of the Republic of Serbia, including the engagement on preparation of the Mid-term Fiscal Consolidation Plan in the Republic of Serbia 2012-2016. Since 2010 he is engaged as lecturer at the course Formulating Public Policy Proposals and Analysis of Policy Impact, organized by the Department for Human Resources Management of the Government of Serbia. Sasa is member of Serbian Fiscal Association.