New economic chief sets out Monaco business vision
By Alexandre Morel, MonacoViews Editorial
Julien Dejanovic, the newly appointed head of the Directorate of Economic Development, has outlined plans to modernise Monaco's business environment without compromising its reputation for stability.
Julien Dejanovic has wasted little time since taking charge of the Directorate of Economic Development, setting out a clear framework for how the Principality's commercial landscape should evolve. Speaking publicly for the first time in the role, he described the directorate's work as resting on three core pillars: supporting entrepreneurs, ensuring regulatory compliance, and maintaining the integrity that underpins Monaco's standing as a place to do business.
The appointment signals a deliberate push to bring fresh momentum to an institution that sits at the heart of Monaco's economic life, overseeing everything from new business registrations to the ongoing supervision of established operators in the Principality. For anyone running a company here, or considering setting one up, the directorate is typically the first and most consistent point of contact with the administration.
Dejanovic's emphasis on modernisation will be closely watched by the business community, particularly those who have long called for streamlined processes and clearer guidance for entrepreneurs navigating Monaco's regulatory framework. How quickly those ambitions translate into practical changes remains to be seen, but the direction of travel appears well defined from the outset.