Mgr. Luboš Vaněk graduated from Grammar School in Sokolov in 1982; in 1988 he graduated from the Faculty of Physical Education and Sport of Charles University in Prague. In the nineties, he was active in the capital market on behalf of a banking and investment fund and, after 1997, in the supervisory body of the Ministry of Finance - Office for Securities and later in the Commission for Securities, in the position of Head of the Department of Security Dealers and Brokers. He himself has a brokerage licence. In the years 1999 – 2002 he worked at the National Property Fund as the Director of the Chairman’s Office. Since 2003, he has worked as the Executive Director of the Czech Social Security Administration, with responsibility for the implementation of the process management in the organisation and also of economic processes. As of 1st February 2006, he was appointed Deputy to the Central Director and, since 1st August 2006, he has been entrusted with the management of the Czech Social Security Administration. Since 1st March he has been the Deputy of the Minister of Industry and Trade; he manages the section for transformation of subordinate organisations. He is a member of the Supervisory Board of the Sokolovská uhelná joint-stock Company, legal successor, and a member of the Supervisory Board of DIAMO, state-enterprise.