Peter Kažimír

Peter Kažimír (born 28 June 1968 in Košice, Czechoslovakia)) is a Slovak central banker and former politician, currently serving as the Governor of the National Bank of Slovakia (NBS). He previously served as the country's Finance Minister under prime ministers Robert Fico and Peter Pellegrini. He was a senior member of the social-democratic SMER-SD party, but left the party after assuming the governorship of NBS.[1]

Peter Kažimír
Governor of National Bank of Slovakia
Assumed office
1 June 2019
Preceded byJozef Makúch
Minister of Finance
In office
4 April 2012 – 11 April 2019
Prime MinisterRobert Fico
Peter Pellegrini
Preceded byIvan Mikloš
Succeeded byPeter Pellegrini (acting)
Ladislav Kamenický
Deputy Prime Minister of Slovakia
In office
4 April 2012 – 23 March 2016
Prime MinisterRobert Fico
Personal details
Born (1968-06-28) 28 June 1968
Košice, Czechoslovakia(now Slovakia)
Political partyDirection-Social Democracy
Domestic partnerKatarína Korecká
Children2
EducationUniversity of Economics in Bratislava

Early life

Peter Kažimír studied International Commerce at the University of Economics in Bratislava. After graduation, he worked in the private sector as a tax advisor at the firm Schubert & partners. Since early 2000s, he held board-level executive positions at various companies, including VIVANT, Sceptrum Brno, PARTA – GAS, MATTI and DDP Credit Suisse Life & Pensions.[2][3]

Political career

State Secretary and MP

In 2006 Kažimír became the State Secretary at the Ministry of Finance. At the same time, he sat on the board of National Nuclear Fund for Decommissioning of Nuclear Installations (NJF).[4] Following the defeat of Direction-Social Democracy (SMER-SD) in 2010 Slovak parliamentary election, Kažimír shortly served as MP. After 2012 Slovak parliamentary election when SMER-SD returned to power, Kažimír became the Minister of Finance.

Minister of Finance

In 2015, Kažimír was part of a team that secured the investment of Jaguar Land Rover in a £1bn plant, beating off stiff competition from Poland and Mexico.[5] In the second half of 2016, during Slovakia's Presidency of the Council of the European Union, he officially represented the EU and the Eurogroup at the G20 and G7 meetings as well as the annual meeting of the International Monetary Fund (IMF).

According to the Financial Times, Kažimír developed a strong record on managing Slovakia's public finances since taking office.[6] He earned respect for keeping budget deficits under control and became known for his tough stance in the eurozone’s negotiations with debt-plagued Greece.[7]

Kažimír arriving at a Eurogroup meeting in 2016

By November 2017, Kažimír submitted his formal application for succeeding Jeroen Dijsselbloem as the next chairman of the Eurogroup.[8][9] At the vote on December 4, he withdrew after the first round and Mário Centeno was eventually elected to the post.[10][11]

As the Minister of Finance, Kažimír sat Ex-Officio on the board of the European Investment Bank.

Central Bank Governorship

In December 2019, the National Council approved Kažimír as the government's nominee to succeed Jozef Makúch in the office of the president of the National Bank of Slovakia.[12] He took up the post on 1 June 2019.[13] As a Governor of a Eurozone Central Bank, Kažimír sits Ex-Officio on the boards of the European Central Bank and the European Systemic Risk Board.

International organizations

Personal life

Since 2008 Kažimír lives with Katarína Korecká. They have two children together. He is protective of his private life.[17]

References
  1. "Peter Kažimír skončil v Smere-SD". www.noviny.sk (in Slovak). Retrieved 17 August 2022.
  2. "Osobný profil Peter Kažimír". Aktuality.sk (in Slovak). Retrieved 17 August 2022.
  3. "Pozrite si životopisy ministrov a premiéra Fica". Webnoviny.sk (in Slovak). 23 March 2016. Retrieved 17 August 2022.
  4. "Official CV". www.vlada.gov.sk. Retrieved 17 August 2022.
  5. Peter Campbell (May 8, 2017), Minister seeks to steer Slovakia past a ‘lasagne of evil’ Financial Times.
  6. Jim Brunsden and Mehreen Khan (November 5, 2017), Pierre Gramegna emerges as early eurogroup frontrunner Financial Times.
  7. Tatiana Jancarikova (March 23, 2016), Slovak president appoints Robert Fico for another term as PM Reuters.
  8. Jan Strupczewski (November 6, 2017), Slovakia's Kazimir bids to chair euro zone finance ministers Reuters.
  9. Jan Strupczewski (November 30, 2017), Latvia, Luxembourg, Portugal, Slovakia bid for Eurogroup chair Reuters.
  10. Viktoria Dendrinou, Stephanie Bodoni and Radoslav Tomek (December 4, 2017), Portugal's Centeno Gets Top Economic Job in New Euro Chapter Bloomberg News.
  11. Mehreen Khan and Jim Brunsden (December 4, 2017), Portugal’s Centeno wins race to become eurogroup president Financial Times.
  12. Tatiana Jancarikova (December 6, 2018), Slovak parliament approves finance minister Kazimir as next central bank governor Reuters.
  13. Slovak Spectator (March 13, 2019), Kažimír appointed as new governor of Slovakia's central bank Slovak Spectator.
  14. Board of Governors European Bank for Reconstruction and Development (EBRD).
  15. Board of Governors Multilateral Investment Guarantee Agency (MIGA), World Bank Group.
  16. Board of Governors World Bank.
  17. "Financmajster Kažimír ukázal svoju partnerku tri týždne po pôrode: Áno, tak som sa vytrepala!". Topky.sk (in Slovak). 4 May 2015. Retrieved 17 August 2022.

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