Former Minister Jerry Naumoff will remain in Macedonia in the private sector continuing to focus on business opportunities that bring high quality, well-paid jobs to the country.
On May 23, 2013 Jerry was approved by Parliament and became Minister for Foreign Investments in the Government of the Republic of Macedonia and served as Minister until June 2017. During his 4 year mandate as Minister he attracted and realized 26 investment projects from 12 countries representing 200 million euros of capital investments and 5,000 direct jobs projected out over 5 years in the IT, BPO, Energy, Agricultural, Rx and Manufacturing Sectors.
In 2016 Minister Naumoff received the Veles (Macedonia) Municipality’s “9th November Award” for “Contribution of Economic Development”. Jerry also received the “2014 Macedonian Hall of Fame Award” from The Macedonian Businessman’s Club of Akron, Ohio (USA).
Prior to his appointment as Minister, he was the Founder & President of The Naumoff Group, Inc. which was a total risk management advisory firm since 1993. The Naumoff Group, Inc. had a diverse group of internationally known and Chicago headquartered corporate clients from a wide array of industries.
As an entrepreneur Jerry also imported mineral water from Europe, owned a restaurant and built one of the first web-based HR self-service applications that was later purchased by ADP.
He gained successful marketing and management experience from two Fortune 500 financial insurance companies and two top-ranked Chicago-based brokerage/consulting firms from 1980 to 1993. Throughout his corporate career he was promoted numerous times and achieved many national sales production and office management awards. He was appointed “Advisory Council to the President” by the CEO of one of the largest financial companies in the world. He has published the articles, “Healthcare Reform” and “Self-Funding for Small Businesses” for Business Insurance Magazine.
Jerry is an Honorary Board Member for two worldwide non-profit organizations, Macedonia 2025 and United Macedonia Diaspora, focused on the economic development of Macedonia. In 2012 he was selected by United States Senator Mark Kirk (R-Illinois) to serve on his European Advisory Board representing the Chicago area Macedonian-American community. Recently he was appointed Distinguished Fellow of New Westminster College, Vancouver, Canada. Jerry is a frequent keynote speaker around the world at top international business forums regarding the latest economic development topics.
Jerry’s professional career began in 1980 after he earned a football athletic scholarship at Ball State University, Muncie, Indiana and graduated with a Bachelor of Science in Marketing and Business Administration. He grew up in Columbus, Ohio in a large immigrant family with roots from Gjavato, Macedonia. From his youth, he worked alongside his extended family in the restaurant they owned and operated for many years.
Jerry has been married to LuAnn Naumoff for over 30 years, and their six children all live in Macedonia.