Angola: President Sacks Executive Director of Cmc

1 September 2022
Angola Press Agency (Luanda)

Luanda — Angolan president João Lourenço Wednesday dismissed Emílio Vumpa de André Londa from the position of Executive Director of the Board of Directors of the Capital Markets Commission (CMC).

The CMC is a legal person under a public law, endowed with legal personality and administrative, financial and property autonomy, subject to the supervision of the President of the Republic and guardianship of the Ministry of Finance.

Its mission is to regulate, supervise, inspect and promote the securities market and the activities that involve all the agents that intervene in it, directly or indirectly, under the Presidential Decree no. 54/13 of 06 of June, which enshrines the Organic Statute of the CMC.

Still Wednesday, João Lourenço dismissed Ivan Emanuel Marques dos Santos from the position of Executive Director of the Development Bank of Angola (BDA).

This week, the Angolan Head of State swore in the recently appointed Ministers of State, ministers, provincial governors and the Council of the Republic.

Read the original article on ANGOP.

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