Mr. Kemal Kozaric was born on October 13, 1956 in Sarajevo, BH, where he completed his elementary and high school education.
He graduated from the Faculty of Economics in Sarajevo in 1981, at the Marketing Department. He successfully defended his M.A. thesis “Perspectives of the Monetary Policy Model of Bosnia and Herzegovina on the Path Towards the European Union” in September 2006, which promoted him into Master of Arts of Economic Sciences. He was employed at Construction Company Bosna as a post studies trainee.
After that, in today’s Central Profit Banka D.D. Sarajevo, once Privredna Banka Sarajevo, i.e. Kreditna banka, he performed duties of Chief of Branch, Assistant of the General Director in the City Savings Bank, Executive Director for the Operations With Citizens, Executive Director for the General Affairs, Director of the Assets Investments Department. From 1996 until beginning of 2000 he was the Minister of Finance in Sarajevo Canton Government and after that he was appointed Vice Governor of the Central Bank of Bosnia and Herzegovina. Based on the Decision of the BH Presidency from May 20, 2003, he has been appointed member of the Governing Board of the CBBH, which agreed that he can continue to perform his duties of the CBBH Vice Governor.
As of January 1, 2005, he has assumed the duties of the Governor of the CBBH replacing Peter Nicholl. Governor Kozarić was elected Deputy Chairman of the Governors’ Club of Central Banks of Central Asia, Black Sea Region, and the Balkans’ Countries for the period 2007 – 2008. The election has been performed during the 16th meeting of the Governors’ Club which was held in the beginning of September 2006 in the Russian city of Irkutsk.