Minister without Portfolio

VELE SAMAK -Minister without Portfolio

 

 

Vele Samak, Minister without portfolio responsible for attracting foreign investments, holds a Bachelor's degree from The U niversity of Chicago ( 1996 ) and a Masters in Business Administration from The Wharton School at the University of Pennsylvania (2005) .

 

Previously, Vele Samak was a product manager at Microsoft overseeing enterprise marketing of SQL Server 2005 and Business Intelligence solutions for the US market. He helped drive partner and competitive marketing campaigns which contributed to over $1 billion in revenue and won two Marketing Impact awards. In 2004 while at The Wharton School, he and a group of students started TerraPass , a unique company that arose out of a class by Professor Karl Ulrich. TerraPass uses market mechanisms to help customers offset the CO2 emissions of their vehicles. As Public Relations officer, Vele represented the company to all media in the US generating 16 stories in a short span. Today, TerraPass is one of most successful firms in its sector.

 

Before Wharton, Vele Samak was a Vice President in Global Quantitative Research - a highly ranked world-wide research team at Citigroup - where he developed quantitative products to help investors implement investment strategies. His work on macroeconomic risk analysis is widely used by global investors and his research on optimal allocation of pension funds is published and widely quoted from the Financial Analysts Journal.

 

A former Secretary from the Macedonian-American Friendship Association ( MAFA ), Vele Samak speaks English and is proficient in Serbian, Croatian and German. He is married with one daughter.