Victor Gomes replaces Luísa Diogo at the helm of Absa Bank Mozambique

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Victor Gomes replaces Luísa Diogo at the helm of Absa Bank Mozambique

5:01 CAT | 18 Jul 2024

Image via MBC TV

Former deputy governor of the Bank of Mozambique, Victor Gomes, is the new chairman of the board of directors of Absa Bank, succeeding Luísa Diogo, who ends a 13-year cycle of leadership at the banking institution.

Luísa Diogo, who served as minister of finance and later as prime minister in the governments led by presidents Joaquim Chissano and Armando Guebuza, will remain an independent non-executive director of Absa Group in South Africa, a position she has held since September 2023.

READ: Absa Group appoints Luisa Diogo as an independent non-executive director

Victor Gomes was deputy governor of the central bank, the regulator of the Mozambican financial system, between 2017 and 2022. Prior to that, between 2014 and 2017, he was chairman of Ports and Railways of Mozambique (CFM).

“I am aware of the great responsibility that this position entails, and I am ready and available to face it with determination and commitment, with everyone’s collaboration,” highlighted Victor Gomes. “Together, we have the capacity to achieve great things and continue to strengthen our position as a reference in the Mozambican market.”

Luísa Diogo’s departure was marked by an event at the South African banking institution at which several moments in the history of the former Minister of Finance of Mozambique were recalled. She was presented with a portrait “representing dear Madam Chair”, as she was affectionately known.

The portrait’s painter, Dionésio Matabel, is a participant in Absa’s Ready for Art program, where he stood out for his story and innate talent.

READ: Victor Gomes appointed Deputy Governor of Banco de Moçambique

Source: Savana