Ver Angola

Banking and Insurance

Maria do Carmo Bernardo and Patrícia Cunha in charge of the Development Bank of Angola

Maria do Carmo Bernardo is the new chairman of the board of directors of the Development Bank of Angola (BAD), and Patrícia Cunha is the new chairman of the executive committee, according to a note from the Civil House of the President of the Republic.

: Nelson Malamba
Nelson Malamba  

The President of the Republic, João Lourenço, dismissed this Wednesday the members of the board of directors and the executive committee of the BDA, including the chairman of the board of directors and non-executive director, António Sozinho, and the executive director and chairman of the committee executive, Henda Essanju English.

In another order, the President of the Republic appointed Maria do Carmo Bastos Corte Real Bernardo as non-executive director and chairman of the board of directors. She will be accompanied, in non-executive roles, by José Aníbal Lopes Rocha, Leonel Felisberto da Silva and Constantino Manuel dos Santos.

Patrícia Bernardo Paiva de Almeida da Cunha was appointed to the executive committee as executive director and chairman of the executive committee.

The remaining executive directors are António Luís Freire, Domingos Pedro, Ivan Emanuel Marques dos Santos and Bonifácio Emanuel Setucula Sessa.

The Development Bank of Angola is a public financial institution created under decree 37/06, of 7 July, with the aim of supporting the country's sustained economic growth.

Without prejudice to the support to projects of national interest under the responsibility of the public sector, the BDA preferably develops its activities with the objective of stimulating the private sector, aiming in particular at the provision of goods and equipment, training and access to new technologies necessary for the productive activity of small, medium and large companies.

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