Prime Minister swears in new Bank of Mozambique administrator

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Prime Minister swears in new Bank of Mozambique administrator

9:16 CAT | 11 Sep 2019

Picture: O País

Carlos Agostinho do Rosário swore Silvina António De Abreu in as Bank of Mozambique administrator on Monday morning, the prime minister challenging the latest member of the central bank’s board of administrators to contribute to the bank fully fulfilling its mission of preserving the value of the national currency.

Silvina António De Abreu is not new to the Bank of Mozambique, last year being appointed director of the Bank’s Communication Office.

Prime Minister Carlos Agostinho do Rosario noted that her appointment comes at a time when the biggest challenge is the consolidation of the country’s macroeconomic stability.

“We believe that the newly sworn-in administrator, with her extensive professional experience in the service of the Bank of Mozambique, will contribute to ensuring that this institution fully fulfils its noble mission of preserving the value of our national currency, the metical,” he said.
Carlos Agostinho Do Rosario believes De Abreu will, with her experience, and “together with other staff of the institution, actively participate in the implementation of monetary policy, as well as in adjusting the macroeconomic management instruments to respond to current challenges arising from the conjuncture of internal and external trends.”

De Abreu said she was happy with the appointment, and that she hoped to “support the Bank of Mozambique in fulfilling its core mandate of keeping Mozambique’s inflation at stable and low levels.”

“I also hope to contribute, in this position, to ensuring that the financial system remains robust, solid and increasingly inclusive, as we welcome more and more people into the financial system,” she added.

Silvina De Abreu has a dream: “I would like to be able to contribute to our having a Mozambican payment system that would function fully, securely and efficiently,” she said.

Also yesterday, Prime Minister Do Rosário inaugurated new members of the Gaza Higher Polytechnic Institute, including managing director Mário Matangue and two deputy directors, Albino Simione and Carlos Balate.

To these, Do Rosário began by recalling the Government’s goal of creating Higher Polytechnic Institutes throughout the country. The aim was to “ensure that more Mozambicans have access to specialised training that favours employability and encourages entrepreneurship, especially among the youth.”

According to the Prime Minister, “the new management of this higher education institution should prioritise teamwork, involving teachers, technical and administrative staff and students in the life of the institution.”

And this kind of management should “be extended to the institution’s communities and key partners through ongoing dialogue in search of solutions to the full fulfilment of the mission of shaping the man of tomorrow.”

One mission that the new managing director wants to embrace , is to make the Gaza Higher Polytechnic Institute an international institution in terms of quality.

“We have the quality standard of the National Quality Council, where the indicators are, so here our matrix is to base our work on the indicators and from there take the institution to the highest level of quality,” he explained.

By Afonso Chavo

Source: O País