Daniel Chapo Reshuffles Bank Of Mozambique Leadership With New Appointments
President Daniel Francisco Chapo has appointed Waldemar Fernando de Sousa as Governor of the Bank of Mozambique and Felisberto Dinis Navalha as Deputy Governor, respectively.
De Sousa replaces Rogerio Zandamela, who was the governor of the Bank of Mozambique from August 2016 to August 2026.
As governor, de Sousa will chair the central bank’s board of directors, represent the institution before the government, domestic and international bodies and oversee the bank’s senior management and activities.
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Navalha, deputy governor, will sit on the board of directors and will substitute the governor in cases of absence or incapacity undertaking duties assigned or delegated under the law.
The Bank of Mozambique has key functions related to monetary and financial stability, including the conduct of monetary and exchange-rate policy, the management of the country’s foreign assets and the supervision of financial institutions.
The two appointees are due to be sworn in on Wednesday, September 2, in a ceremony chaired by President Chapo at his office in Maputo.
