Helder Lopes, who took office as the country’s government on July 1, will replace Abrão de Vasconcelos as head of the financial regulator, of which he has been governor since its founding in 2011.
The Timor-Leste Deputy Minister of Finance will take over this month The position of new governor of the Central Bank of East Timor (BCTL), the name of his successor in the executive is not yet known, government sources confirmed to the Lusa news agency.
Helder Lopes, who took office on July 1, will replace Abrão de Vasconcelos as head of the financial regulator, an entity that also manages the Petroleum Fund (PF). The sources consulted by Lusa confirmed that Helder Lopes should take office on Wednesday.
In November, The successor of the current lieutenant governor of the BCTL must be knownVenâncio Alves Maria, who, like Abrão de Vasconcelos, cannot see his mandate renewed at the head of the institution.
India announces the opening of an embassy in East Timor, signaling a new strategy for the region
Abrão de Vasconcelos has been governor of the BCTL since the establishment of the institution, in 2011, when it replaced the Banking and Payments Authority (ABP), with its mandate limited to six years, renewable only once.
Vasconcelos was, until then, Chairman of the Board of Directors of ABP. Helder Lopes had already held the position of Vice Minister of Finance in the VI constitutional government and, later, he temporarily joined the VIII government.
Source: Observadora
