Vicegovernors

Published: 20/5/2015

Tomislav Presečan, MSc, was born in Vinkovci on 3 June 1963. He graduated from the Zagreb Faculty of Economics in 1987 and received his MSc in economics in 1992. He became Research Assistant at the same Faculty in 1988. He started his professional career in the Croatian National Bank in 1994 as a senior associate, to be appointed Manager of the Governor's Office and acting Executive Director of the Legal, Personnel and General Services Area in 1999. In the period from 1996 to 1999 he was Assistant to the Executive Director of the IMF Dutch Constituency. Tomislav Presečan was appointed Vicegovernor of the Croatian National Bank on 15 July 2000 pursuant to the decision of the Croatian Parliament. On 13 July 2006 the Croatian Parliament appointed Vicegovernor Presečan for a second six-year term of office.

Pursuant to the decision of the Croatian Parliament, Tomislav Presečan assumed office as Vicegovernor of the Croatian National Bank on 17 July 2012.

Vicegovernor Presečan is responsible for the co-ordination and management of affairs in the field of the Security Office, Communications Area, Planning, Controlling and Accounting Area, Information Technology Area, and Support Services Area.


Damir Odak was born in Split on 29 February 1964. After graduating from the Zagreb Faculty of Economics in 1987, he started his business career as a senior research fellow at the Institute of Economics, Zagreb. From 1989, he worked as an advisor with the Ecosystem company and was responsible for establishing Trgovačka banka d.d. In 1990, he was appointed Chairman of the Management Board of Trgovačka banka d.d., which later on merged into Erste und Steiermärkische Bank d.d. Then he transferred to Zagrebačka banka d.d., where he held office as manager of the Commercial Banking Division from 1997 to 2000, when was appointed Member of the Bank's Management Board responsible for corporate business and business operations development in Bosnia and Herzegovina. He continued his career as Chairman of the Management Board of Nova banka d.d., which became OTP banka Hrvatska d.d. in 2005, where he stayed until summer 2011.

Pursuant to the decision of the Croatian Parliament, Damir Odak assumed office as Vicegovernor of the Croatian National Bank on 17 July 2012.

Vicegovernor Odak coordinates and manages the operations of the CNB Prudential Regulations and Bank Supervision Area.


Vedran Šošić, MSc was born in Osijek on 5 June 1974. He received his BSc degree from the Zagreb Faculty of Economics in 1997. In 2012 he received his Master's degree in Economics of International Trade. In the same year he got employed with the Croatian National Bank, Research Department, first as a trainee, then as a staff associate, a senior staff associate and head of the Real Sector and Budget Analysis Division. In 2006, he moved from his position as senior advisor at the Research Department to the Mission of the Republic of Croatia to the European Union in Brussels, to work as a second secretary responsible for economic and monetary issues, free movement of capital and financial services. From 2008 to his appointment as Vicegovernor, he was at the head of the CNB Financial Stability Department. Vedran Šošić is the author of numerous scholarly papers.  

Pursuant to the decision of the Croatian Parliament, Mr Šošić assumed office as Vicegovernor of the Croatian National Bank on 17 July 2012.

Vicegovernor Šošić coordinates the Research Area and the Statistics Area.


Michael Faulend, PhD, was born on 25 May 1974 in Zagreb, where he graduated in 1997 from the Faculty of Economics and Business, Analysis Study Program, and in 2002 he received his Master's Degree at the postgraduate studies ''International Economy''. He got employed in the Croatian National Bank in October 1997 in the Research Department. In the period from 2001 to 2003 he was Assistant to the Executive Director of the IMF Dutch Constituency. After returning to the CNB he continued his work in the Research Department as advisor, and on 1 April 2004 he was appointed Executive Director of the International Affairs Area. He is the author of several scholarly papers on economic issues.

Pursuant to the decision of the Croatian Parliament, Michael Faulend was appointed Vicegovernor of the Croatian National Bank on 5 July 2013.

Vicegovernor Faulend coordinates and manages the International Relations and Resolvability Assessment Area.


Neven Barbaroša was born on 3 May 1965 in Zagreb, where he graduated in 1991 from the Faculty of Economics and Business. In 1992 he got employed in the Payment Operations Institute and he stayed there until mid-1995 when, as a part of the domestic payment operations reform, he moved to the Croatian National Bank. He worked as Advisor and Deputy Director in the Payments Operations Department; in 2001 he was appointed Director of that Department and in 2003 he became the Executive Director of the Payment Operations Area.

Pursuant to the decision of the Croatian Parliament, Neven Barbaroša was appointed Vicegovernor of the Croatian National Bank on 25 October 2013.

Vicegovernor Barbaroša coordinates and manages the operations of the Payment Operations Area.


Bojan Fras was born in Zagreb on 4 January 1963. He graduated in 1988 from the Faculty of Law in Zagreb. In 1988 he started working as a legal trainee and in 1992 he became a licensed attorney. In 1995 he was a co-founder of "Žurić i partneri" law firm in Zagreb, where he remained a partner until appointment to the current position. During his career as a practicing lawyer he was engaged in legal counselling and representation in the areas of commercial law, investments, financing and banking as well as in commercial disputes, including international arbitrage. He was the principal Croatian legal advisor on some of the most significant transactions and investment projects in Croatia, including those in telecom, energy and finance. He represented and advised a large number of leading international corporations and institutions and domestic companies and institutions.

He also acted as international legal advisor for bank privatization to a government of a country in the region and advised foreign and domestic banks, financial institutions and companies on their operations In Croatia, derivative transactions, repo operations and other forms of financing. He was also active in legislative work.

He has spoken at conferences, seminars and panels in Croatia and abroad on the legal aspects of investments in Croatia, financial system, privatisation and mergers and acquisitions of Croatian companies, company law, project financing, local government financing and other legal issues.

Pursuant to the decision of the Croatian Parliament, Bojan Fras was appointed Vicegovernor of the Croatian National Bank on 5 July 2013.