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Sovereign Wealth Funds Briefing - Categorized | People

Chairman wanted for wealth fund

Posted on 09 May 2013

Angola’s government plans to appoint a new chairman for its $5 billion sovereign wealth fund after Armando Manuel stepped down. Manuel was recently appointed as finance minister after the recent cabinet reshuffle.
President Jose Eduardo dos Santos on Monday replaced his finance and construction ministers in the first cabinet re-shuffle since elections last August. Manuel, who besides chairing the Angolan Sovereign Fund (FSDEA) was also Dos Santos’ secretary for economic affairs, was promoted to replace Carlos Alberto Lopes as finance minister………………………………………..Full Article: Source


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