Romania is a republic in Southeast Europe. Officially named Romania in 1866, the country gained its independence from the Ottoman Empire in 1877. Following World War II, Romania became a socialist economy but soon transitioned back towards democracy and a capitalist market economy. Romania follows a federal republic and democratic system in which the governance is divided into the legislative, executive and judiciary. However, unlike other federal republic countries, Romania has a semi-presidential republic. As such, the role of the President is not limited to a ceremonial position and he enjoys some executive powers along with the government. The President of Romania is publically elected. The President appoints the Prime Minister who in turn appoints the Cabinet Minister. Ever since its independence, Romania has had a number of prolific leaders who have played a quintessential role in helping to move the country forward with their leadership skills and magnificent administrative capabilities. Nicolae Ceausescu was the first president of Romania, while Ion Iliescu was the first to be democratically elected. Traian Basescu has thrice held the post of the President of Romania. Currently, the position is held by Klaus Iohannis. With this section, find out more about Romanian leaders, their life, work and profile.