Ștefan graduated in economics from the Alexandru Ioan Cuza University in 1980. He later worked as an accountant at the state company for river navigation, the NAVROM in Galați. After the 1989 revolution, he was appointed the general manager of NAVROM SA and became its president in 1996. He stopped working in 2002, while he was a senator. He was also a shareholder of Transport Trade Services.[1][2][3]
Political career
Parliamentary
A member of the PSDR since 1993, he was elected to the Senate in 1996 and was reelected in 2000 and 2004. He was Chairman of the Budget and Finance commission during his tenure as a Senator.[4]
After serving three terms in the Senate, he was elected to the Chamber of Deputies in 2008. He was reelected to the constituency of Galați in both 2012 and 2016. In March 2015, he was linked to become the next Finance Minister in order to replace Darius Vâlcov but Prime Minister Victor Ponta chose Eugen Teodorovici instead.[5]
Ștefan was elected as one of the 14 Vice Presidents of the PSD in October 2015 following the election of Liviu Dragnea as the party President.[6]
Minister of Finance
Ștefan was appointed the Minister of Finance in the Grindeanu government in January 2017. He was not reappointed to the Tudose government in June of the same year.
Deputy Prime Minister
He was appointed Deputy Prime Minister of Romania on 29 January 2018 and held the position until 3 July 2019 under Prime Minister Viorica Dăncilă.[7]
European Court of Auditors
In 2019, he was proposed to become a member of the European Court of Auditors. He took office on 1 July, and will serve until 30 June 2025.[8]