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FNB Moçambique Appoints New Chairman of the Board

FNB Moçambique Appoints New Chairman of the Board

Sérgio Chitará has been appointed Chairman of the Board of Directors of FNB Moçambique for a four-year term, succeeding South African John Macaskill.

With a long professional experience, Sérgio Chitará has spent the last 20 years managing private entities, most notably Vale Moçambique and the USAID project – Speed+.

Sérgio Chitará was Sustainability Manager and Country Manager for Vale Mozambique (a Brazilian multinational mining company) and the companies in the Nacala Logistics Corridor, including Malawi, and was responsible for leading the transfer of Vale assets in Mozambique and Malawi to the new shareholder Vulcan Resources, a subsidiary of the Indian company Jindal.

He worked as a manager in the public and private sectors, most notably as Executive Director of CTA, managing processes to improve the Business Environment and as National Director of Forestry and Wildlife at the Ministry of Agriculture and Rural Development, particularly involved in reforestation and environmental conservation activities.

Sérgio Chitará graduated as a Forestry Engineer from Eduardo Mondlane University, with an MBA from Bradford University and a master’s degree in forest industry technologies from Bangor University in North Wales, both in the United Kingdom.

A professional with extensive experience in business management, Sérgio Chitará will contribute to FNB great journey of transformation, centred on the promise of evolution, excellence in the services it provides, customer experience and digitalisation.

“FNB is undergoing a remarkable transformation. Last year, we modernized our image and launched new digital channels. Our focus remains firmly on our clients, and we are committed to fulfilling our promise of exceptional service through our innovative platforms. I am proud to contribute to FNB’s ongoing growth”, said Chitará.

The world is experiencing deep economic and geopolitical concerns, a series of consecutive climate shocks and an increasingly complex macroeconomic environment. “In general, the economy has proved resilient and is on the right path toward sustainable and prosperous development. Despite these challenges, FNB has performed satisfactorily. I am confident that we will continue to remain solid and relevant to our clients, employees, and shareholders”, said Chitará.

With a management approach that is also centred on people, Sérgio Chitará added: “I believe that an organization cannot be successful without competent, motivated and engaged professionals. Our strategy also involves creating a working environment in which employees can have the space to create, innovate and bring solutions that meet the needs of our clients.” concluded Sérgio Chitará.

Clube de Moçambique


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