Ver Angola

Banking and Insurance

BPC has new board of directors

The Angolan Banco de Poupança e Crédito (BPC) has a new board of directors with nine members, led by Cláudio Macedo, after the resignation of the previous president “for personal reasons”.


A statement from the Ministry of Finance, to which the Lusa agency had access, states that he was elected, for the period 2022/2026, as chairman of the Board of Directors of BPC Cláudio Pinheiro Pinto Macedo and as chairman of the Executive Committee Luzolo Adriano Neto Espírito Santo de Carvalho, which will continue the restructuring plan for the public bank.

The Minister of Finance, Vera Daves de Sousa, at the swearing-in ceremony of the new leadership of BPC, highlighted the need for the institution to become an "efficient, profitable bank, committed to quality, rigorous" and with a reputation that makes society.

"We cannot continue to be known as a bank where there are system problems, we have to change that framework and the best way they have to value this heritage, that taxpayers' money, is by managing the bank well", she said.

In turn, the new CEO of BPC, Cláudio Pinheiro, in statements to the press, pointed out as a challenge for this administration to continue the recapitalization and restructuring plan underway. "We still have a challenge to overcome, along with the stability of the system, the quality of the service, the management and optimization of human resources", he said.

Cláudio Pinheiro estimated a period between 10 and 12 months to have "a profitable, efficient bank" again.

Regarding customer criticism about the bank's malfunction, the new PCA said that "the pressures, floods, at the level of the BPC branches, the pressure at the level of public censorship, on social networks, in the press, began to know a level downward trend".

The bank's new management body is also made up of the independent non-executive directors António da Silva, Jerónimo Lara and Ana Cristina de Ceita, as well as the executive directors Luís Duarte, Walter Salgueiro, Sandra Balça and Áurea Alexandre.

"Remember that the resolution of the General Assembly was approved by the National Bank of Angola, as established in the Law on the General Regime of Financial Institutions and the Law on Commercial Companies", the note stresses.

BPC is a banking institution whose shareholders are the State, represented by the Ministry of Finance, the Institute for the Management of State Assets and Shares, the National Institute of Social Security and the Social Security Fund of the Angolan Armed Forces.

The largest public bank reduced staff and closed branches as part of its recapitalization and restructuring plan.


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