His Royal Highness Crown Prince Alexander and the members of the Advisory Bodies of the Crown announced with great sorrow that Milorad Savicevic, a member of the Crown Cabinet, recipient of the Order of the Crown First Class and a long-time general manager of “Genex”, passed away in Belgrade.

Milorad Savicevic was born November 1935 in Belgrade, where he completed primary and secondary education and graduated from Belgrade University Faculty of Law in 1960. He lived in Belgrade and Switzerland.

Mr. Savicevic’s professional activities began in the late fifties. From 1962 to 1970 he worked with the Federal Ministry of Economy on the issues of economic and financial relations with foreign countries. From 1973 to 1990 he was the general manager and the chairman of the management board of the famous foreign trade company “Generalexport Holding”. During that period, this company was of great importance for the Serbian and Yugoslav economy of that time, grew into a real giant with annual revenues in billions of dollars.

He wrote many expert articles in the field of economic relations with foreign countries. After leaving “Generalexport” he worked abroad from 1990 to 2000.

He participated in organizing the democratic opposition as one of the founders of the Reformist Party of Serbia, and took part in the formation of DEPOS (Democratic Movement of Serbia). He was a member of the Federal Parliament from 1992 to 1996. In mid 1998 he joined the founders of the DHSS (Democratic Party of Serbia) and the Alliance for Change. He was the vice president of the DHSS.

After the victory of democratic forces in the federal and local elections in September 2000, he became a member of the Council of Citizens of the Federal Assembly, where he also served as the Chairman of the Committee for Foreign Economic Relations, while at the same time he was a Councilor of the Belgrade City Assembly. In October 2000, he was elected president of the “Genex” corporation, and at the same time he became the president of the “Zastava” group.

In 2003, he was re-elected as a member of the Assembly of the State Union of Serbia and Montenegro.

We pray the Lord to give him eternal peace.