As of June 2025, Alexandru Nazare serves as the Minister of Finance of Romania, being responsible for managing the country’s public finances and economic policy. Minister Nazare oversees the formulation and implementation of Romania’s fiscal, budgetary, and financial strategies, ensuring stability, transparency, and sustainability in accordance with domestic legislation and European Union regulations. He also represents Romania in its engagements with key international financial institutions and strategic partners, working to strengthen the country’s economic position and fiscal credibility.

Prior to this role, in 2024, Alexandru Nazare was a prominent Member of the Board of Directors of the National Bank of Romania (NBR). As an NBR board member, he has contributed to strategic decisions on monetary policy, interest rates, and banking regulation, aiming to maintain the stability of the national currency and the resilience of Romania’s banking sector. He has also advocated for aligning Romania’s monetary policies with EU standards, promoting sustainable growth and sound fiscal management, and strengthening public confidence in the financial system amid global economic uncertainties.

Between 2020 – 2024, Alexandru Nazare served as a Senator, representing electoral district no. 31, Prahova. During this tenure, Nazare focused on advancing economic reform and legislative initiatives to support fiscal responsibility, economic stability, and growth. He was an active member of the Senate’s economic and budgetary committees, where he contributed to the drafting of laws on financial regulation, public administration, and investment policy. His efforts emphasized transparency in public spending and the development of key strategic sectors such as energy and infrastructure, while reinforcing Romania’s economic resilience and integration with the European Union.

At the end of 2020, Nazare was appointed Minister of Finance in the Cîțu Government, amid the economic challenges of the COVID-19 pandemic. He launched an economic recovery program focused on liberal principles, prudent fiscal management, and long-term sustainability. Together with the Cîțu Cabinet, he developed a budget strategy to restore fiscal balance and promote growth. On July 8, 2021, Nazare strongly opposed government procurement and fiscal procedures during the pandemic, concluding with his dismissal by Prime Minister Florin Cîțu.

In 2020, Nazare achieved a significant milestone for Romania in his capacity as the Government’s Special Representative for the preparation and promotion of Romania’s candidacy to host the European Cybersecurity Industrial, Technology and Research Competence Centre. The Romanian team, led by Alexandru Nazare, won the competition against six other candidate countries seeking to host the cybersecurity center—an EU body responsible for managing the Union’s investments in the field of cybersecurity.

Prior to this, in December 2020, Alexandru Nazare was re-elected to the Romanian Parliament as a Senator for Prahova County and in 2019 he served as an advisor at the Ministry of Transport, Infrastructure, and Communications, contributing to strategic and administrative initiatives within the ministry.

In 2016, Nazare ran for the position of Mayor of Bucharest’s Sector 1, supported by the National Liberal Party (PNL), finishing third with 19.58% of the vote.

Earlier, in 2012, he had been elected as a deputy on the Liberal Democratic Party (PDL) list, focusing his legislative work on reforms supporting economic development and modernization.

Following the resignation of the Boc Government in February 2012, Nazare was appointed Minister of Transport in the Mihai Răzvan Ungureanu Government. During his tenure, he secured European Commission approval for €800 million worth of railway rehabilitation projects and initiated €850 million in highway tenders financed by European grants. He also commissioned feasibility studies for the Sibiu Pitești and Comarnic–Brașov highways, exploring financing through EU funds and public-private partnerships.

Between November 2010 and February 2012, Nazare served as Secretary of State in the Ministry of Transport and Infrastructure, coordinating civil aviation institutions and acting as Romania’s chief negotiator international financial institutions during joint evaluation missions. From April 2010, he was State Secretary in the Ministry of Public Finance, overseeing the Certification and Payment Authority, the Phare Payments and Contracting Office, and the Taxation Department.

In 2009, he had been appointed Secretary of State at the Department for European Affairs, where he represented Romania in dialogue with EU institutions, working to strengthen Romania’s role within the European Union.

Between 2007 and 2009, Nazare served as Advisor to the Group of the European People’s Party in the European Parliament. In 2008, he ran on the Democratic Liberal Party (PDL) list for the European Parliament elections, becoming the youngest Romanian MEP. During his tenure, he served on the Committee for Budgets and the Committee for Foreign Affairs, submitting key resolutions on the Republic of Moldova, EU energy strategy, and Roma rights. He was also an advocate for greater EU investment in infrastructure and education across Eastern Europe.

Nazare began his career at the Ministry of European Integration as an adviser to Minister Anca Boagiu, contributing to Romania’s preparations for EU accession through policy coordination and strategic analysis.

Academically, between 2015 and 2017, he earned a Master’s degree in Public Administration from the Hertie School of Governance in Berlin. From 2002 to 2004, he pursued studies at the European College of Liberal Arts in Berlin, complementing his undergraduate education at the National School of Political and Administrative Studies (SNSPA) in Bucharest, where he studied political science from 2001 to 2005.

Alexandru Nazare was born on June 25, 1980, in Onești, Bacău County, Romania, into a family of educators — his mother taught German and his father was a physical education teacher.