Mr Ivana Matić
Vice Chairman
Present Work:
Since becoming the owner of IM Consulting LTD in Belgrade in 2022, Ivana Matic has played a pivotal role in overseeing and executing comprehensive turnaround strategies for the company. She is responsible for developing the overall turnaround strategy, which involves both planning and execution milestones, ensuring that each project is completed on time and within budget. Ivana organizes and leads meetings with stakeholders, fostering collaboration and aligning objectives across all levels of the organization. She also participates in strategic discussions with the turnaround leadership team, providing input on key decisions that impact the success of each project.
One of Ivana’s key responsibilities is assisting in the development of bid packages and contractor selections, where she ensures that the right vendors are chosen to meet both quality standards and cost-efficiency goals. Her oversight extends to managing the entire turnaround process, including pre-outage planning and post-outage site restoration. This ensures that operations return to normal swiftly and efficiently, minimizing downtime and disruption.
Ivana plays an integral role in the development of estimates, funding documents, and ongoing cost forecasts, working diligently to maintain financial control and provide transparency to management. She also manages the change order process, effectively communicating any changes and their potential impact to stakeholders and senior management. As part of her commitment to continuous improvement, Ivana regularly provides feedback on turnaround processes and tools, identifying areas for enhancement to ensure ongoing operational excellence.
Additionally, Ivana supports the Management of Change (MOC) process, ensuring that any plant changes are thoroughly documented and that work processes are updated in a timely manner. Her ability to manage complex projects and lead cross-functional teams has been instrumental in the success of the company’s turnaround initiatives.
Ivana Matic is also an owner of Ivana Matic PR IM Consulting in Belgrade since 2016, where she has built a strong reputation as a seasoned professional in the fields of bankruptcy law, turnaround management, and corporate consulting. As a Bankruptcy Trustee, Ivana is responsible for managing bankruptcy proceedings, ensuring compliance with bankruptcy law and all relevant legal regulations. Her expertise in this area has allowed her to navigate complex cases, providing critical support to businesses facing financial distress.
In addition to her role as a trustee, Ivana serves as a consultant specializing in turnaround management, corporate restructuring, and insolvency consulting. She plays a vital role in advising businesses on strategies to recover from financial difficulties, helping them develop sustainable solutions to navigate crises. A key part of her work involves preparing reorganization plans, including Pre-Packaged Bankruptcy Plans (Pre-Pack), which allow businesses to reorganize efficiently and minimize the impact on stakeholders.
Ivana’s extensive knowledge of bankruptcy law also positions her as a trusted consultant, guiding both companies and individuals through the intricacies of insolvency and ensuring compliance with legal frameworks. Furthermore, she is dedicated to fostering the next generation of professionals in her field. Ivana teaches students preparing for the professional exam for bankruptcy administrators, sharing her expertise and experience to help them succeed in this critical area of law.
Through her work at Ivana Matic PR IM Consulting, Ivana has become a respected figure in bankruptcy and corporate consulting, providing valuable services to businesses while contributing to the advancement of the industry through education and mentorship.
Previous Work
From November 2013 until January 2015, Ivana Matic served as the Director of the Bankruptcy Supervision Agency in Belgrade, where she played a central role in regulating and overseeing the operations of bankruptcy administrators. During her tenure, she was responsible for issuing licenses to individuals seeking to operate as bankruptcy administrators, ensuring that only qualified professionals were authorized to manage bankruptcy cases. This responsibility was crucial in maintaining the integrity and effectiveness of the bankruptcy process within the legal framework.
In addition to licensing, Ivana oversaw the professional supervision of bankruptcy administrators, ensuring that their practices adhered to established legal standards and regulations. She was also authorized to impose statutory measures when necessary, ensuring that administrators remained compliant with the law. Her leadership in this area helped maintain transparency and accountability within the field of bankruptcy administration.
As part of her supervisory role, Ivana issued binding instructions to bankruptcy administrators, providing clear guidance on the proper application of bankruptcy regulations. This ensured consistent and lawful practices across the board. She also maintained comprehensive records of all licensed bankruptcy administrators, ensuring that their professional activities were properly tracked and documented.
Ivana’s work also involved the preparation of a code of ethics for bankruptcy administrators, which provided a clear set of ethical guidelines to ensure that professionals in the field adhered to high standards of conduct. Additionally, she was responsible for organizing and conducting professional exams for individuals seeking to obtain their bankruptcy administrator licenses, further strengthening the qualifications and professionalism of those entering the field.
Through her leadership at the Bankruptcy Supervision Agency, Ivana Matic made significant contributions to the development and regulation of the bankruptcy administration profession, ensuring that both legal compliance and ethical conduct were prioritized.
From May 2010 until November 2013, Ivana Matic worked as an insolvency practitioner at Ivana Matic PR Bankruptcy Administration in Sremska Mitrovica, specializing in bankruptcy administration. During this period, she was responsible for conducting bankruptcy proceedings in strict accordance with the law and other relevant legal regulations. Her expertise in navigating complex bankruptcy cases ensured that the legal process was executed efficiently and in full compliance with established guidelines.
In addition to her role in managing bankruptcy proceedings, Ivana played a key role in drafting reorganization plans, helping businesses facing financial distress to restructure and recover. Her work in this area involved analyzing the financial situation of troubled companies and developing strategies to help them return to profitability, while balancing the interests of creditors and stakeholders.
Ivana’s extensive knowledge of bankruptcy law also positioned her as a trusted consultant in the field. She provided expert advice to businesses and individuals on various aspects of bankruptcy, including the legal implications of insolvency, the protection of assets, and the best courses of action for restructuring or liquidation.
In addition to her practical experience, Ivana shared her expertise by teaching students preparing for the professional exam for bankruptcy administrators. Through her teaching, she contributed to the development of the next generation of professionals in the field, ensuring that they were equipped with the knowledge and skills required to manage complex bankruptcy cases effectively.
Overall, Ivana Matic’s experience as an insolvency practitioner at Ivana Matic PR Bankruptcy Administration was marked by her in-depth legal expertise, her ability to develop effective reorganization strategies, and her commitment to educating future professionals in bankruptcy administration.
From December 2007 until May 2010, Ivana Matic served as the Director at Central European Investment Ltd. in Belgrade, where she was instrumental in the development of real estate projects, including the prominent Sava Terrace Project. In this capacity, she played a key role in overseeing project planning, execution, and strategic development. Ivana also provided expert consulting services in the preparation of detailed regulation plans for specific areas of Belgrade, contributing to the city’s urban planning and development efforts. Her leadership and expertise in both real estate development and urban planning helped ensure the successful delivery of projects aligned with the region’s growth and infrastructure needs.
From May 2007 until May 2010, Ivana Matic served as the Director at Arim Trade Ltd. in Belgrade, where she was actively involved in the development of real estate projects, including the Commercial Center Airport Project. In this role, she played a key part in managing the project’s planning and execution. Ivana also provided consulting services for the preparation of detailed regulation plans for various areas of Belgrade, contributing to the city’s urban development and infrastructure planning.
From November 2004 until May 2007, Ivana Matic served as the Executive Director for Holding Company “INTERSPEED” in Belgrade, where she was instrumental in overseeing and managing several key development projects. In her role, Ivana led the Biodiesel Production Project in Vojvodina, focusing on the feasibility and implementation of growing rapeseed as a sustainable resource for biodiesel production. Her work in this area was vital in exploring alternative energy solutions and contributing to the company’s commitment to sustainability.
In addition to her work in the energy sector, Ivana managed the development of a Home for the Elderly, a project aimed at addressing the growing need for quality care for senior citizens. She was responsible for coordinating all aspects of the project, from initial planning through to execution, ensuring that it met the necessary standards and provided a supportive and comfortable environment for the elderly.
Ivana was also involved in the planning and development of a High Medical Professional School; a project designed to enhance the quality of medical education and provide a strong foundation for future healthcare professionals. She worked closely with various stakeholders to ensure the project met educational and professional standards, helping to pave the way for the next generation of medical professionals.
Through her leadership at INTERSPEED, Ivana Matic demonstrated a strong ability to manage complex, multi-faceted projects, each focused on making a significant impact in their respective fields—sustainability, healthcare, and education.
From April 2003 until November 2004, Ivana Matic served as the Commercial Director at Borovica Transport Ltd. in Ruma, where she was responsible for managing business operations across multiple areas. Her leadership encompassed truck transport, civil engineering, construction, the production of stone aggregates, and asphalt production. Ivana played a key role in overseeing the company’s commercial activities, ensuring efficient operations and strategic growth across these diverse sectors.
From September 1998 until April 2003, Ivana Matic served as a Deputy Director of the Main Branch SREM at DUNAV Insurance Company in Belgrade. In this role, she was responsible for organizing operations at the main office and overseeing the establishment of new business units. Ivana was also involved in the development of ISSO quality system documentation and conducted audits to ensure the integrity and effectiveness of the quality management system.
From September 1998 until April 2003, Ivana Matic was a Executive Director at Dubrava Sremska Mitrovica, where she was a head of the paper and cardboard.
Education:
Present: PhD Candidate in Economic Science, for the department of Restructuring, Reorganizations and Insolvency Management, at the Belgrade Banking Academy.
2008: MSc. In Management Sciences, for the department of Entrepreneurial Management and Organizations, at the Faculty of Entrepreneurial Management “Braca Karic”, Novi Sad, Serbia
1999-2002: BSc. In Engineer in Entrepreneurial Management, for the department of Engineer in Entrepreneurial Management, at the Faculty of Entrepreneurial Management “Braca Karic”, Novi Sad, Serbia
1986-1991: Engineer of Informatics, for the department of Informatics, at the Higher Business School in Belgrade, Serbia
1981-1985: Secondary School for Mathematics, at the Secondary School Ivo Lola Ribar, Sremska Mitrovica
Memberships in International and Professional Organizations:
2014-Present: Member of the TMA
2024-Present: Member of the TMA Global Board of Trustees
2024-Present: Member of the TMA NOW Global Committee
2024-Present: Member of TMA International
2016-Present: President Turnaround Management Association Serbia (TMA) (management reorganization of business and finance entities for the purpose of overcoming financial difficulties – management restricting-turnaround management)
2014: Member of the Working Group of the Ministry of Economy for drafting the Law on Amendments to the Law on Bankruptcy
2011-2014: The President of the Examination Board for the professional exam for performing the Trustee in BSA
License:
2023: License – Lobbyist
2021: License – Real Estate Valuer
2011: License – Representing Clients in Mediation
2011: License – Court Expert Economic – Financial area of specialty economic analysis and politics, license number 740-05-02782 / 2010-03 from July 2011 (web site of the Ministry of Justice of the Republic of Serbia http://www.drzavnauprava.gov.rs /court-experts.php)
2011: License – Representative Capital for companies in Serbia which is broken privatization
2007: License – Bankruptcy Trustee
Speaker at International and Professional Organizations:
2024: Speaker at the Conference 2024 TMA EUROPE ANNUAL CONFERENCE London
2022: World Award Winner TMA INDIVIDUAL EXCELLENCE AWARD 2022, Boston, USA
2022: Speakers at the Conference 2022 TMA EUROPEAN ANNUAL CONFERENCE Madrid, Spain
2019: Speaker at the Conference “Operational Restructuring: Key Challenges to Business Sustainability” TURNAROUND MANAGEMENT ASSOCIATION SERBIA (TMA)
2016: Speaker at the Conference on Liability of Legal Ethics – OSCE MISSION to Serbia
2014: Speaker at the Conference for the Phenomenon of Privatization and Bankruptcy of the Crime Police – OSCE MISSION Serbia
2014: Speaker at the Conference – Project Debt Resolution and Business Exit-World Bank Group
2013-2014: Speaker at the Conference Project Judicial Reform Program in Serbia – GIZ
2014: Speaker at the Conference Project the Impact of the New insolvency Law on the Attributions of the Insolvency Practitioner – Chamber of Bankruptcy Managers of Romania
2014: Speaker at the Conference “Insolvency Office Holders – Navigating Stakeholders through Insolvency” London – EBRD
Fluently speaks English language.