Armando Manuel
A distinguished professional renowned for his contributions to economics, finance, and governance, both nationally and internationally. With a rich and varied career, Mr. Manuel has played pivotal roles in shaping economic policies and fostering strategic leadership, leaving an enduring impact on the global landscape of economic development. As Chairman of FSDEA, Mr. Manuel leverages his extensive expertise in sovereign wealth management to drive sustainable economic development and enhance Angolas economic resilience. In his role as Advisor to the President of the Republic of Angola at the Economic and Social Council, Mr. Manuel provides strategic insights and policy recommendations to the President, contributing significantly to the countrys economic and social development agenda. His dedication to education and research underscores his passion for nurturing talent and fostering intellectual growth.
P R O F E S S I O N A L E X P E R I E N C E
- Dec 2023 to date: Chairman of FSDEA - Sovereign Wealth Fund of Angola
- August 2022 – Dec 2023: Independent Member of the Banco de Fomento Angola
- Dec 2022: Advisor to the President at Economic and Social Council Deputy Head of Economic and Social Council, responsible for Macroeconomics
- Nov 2020- Oct 2022 Executive Director and Member of the Board of the World Bank Group representing Angola, Nigeria and South Africa
- Nov 2018 – Oct 2020 Alternate Executive Director of World Bank Group, representing Angola, Nigeria and South Africa at the Board
- May 2018 – Nov 2019 Technical Assistance Advisor at FAD/IMF Headquarters in Washington DC FAD/Public Financial Management Division. Covering Nicaragua; Afritac West 2 (Cape Verde); São Tomé e Principe, Guinee Bissau; Guatemala; Afritac South (Angola, Comoros, Mozambique)
- Jul 2017 – May 2018 Short Term Expert of FAD/IMF Undertook missions to S. Tome e Principe; Cape Verde, Guinee Bissau and Mozambique
- 2017 – Lecturer of Macroeconomics and Econometrics at Universidade Agostinho Neto, Instituto Superior Metropolitano of Angola.
- 2013- 2016 Minister of Finance, Republic of Angola;
As Head of the Ministry of Finance; Leading reforms to improve the quality of government expenditure; Expanding the country’s revenue base and diversification of domestic resources mobilization; Preparation of the national budget; Improve the debt management; Adoption of fiscal rules, controlling borrowing and deficit levels and engagement to improve transparency and boost the institutional capacity among the main economy policy stakeholders.
- 2012-2013 Chairman, Sovereign Wealth Fund of Angola.
- 2010-2013 Economic Policy Advisor to the President, Republic of Angola.
- 2006-2009 National Director of the Treasury at the Ministry of Finance.
- 2003 Lecturer of Microeconomics, Econometrics and Development Economics at Universidade Católica de Angola, Universidade Lusíada de Angola, Universidade Agostinho Neto
- 2003-2006 Treasury Department Chief of Operations, at the Ministry of Finance, Republic of Angola
- 2002 -2003 Board of Studies Department Chief, at the Ministry of Finance, Republic of Angola
- 2002- Head of Studies at Capital Market Commission, Ministry of Finance, Republic of Angola
- 2003- Economist Journalist, Televisão Pública de Angola, Luanda Angola
E D U C A T I O N
- 1999-2001 LONDON GUILDHALL UNIVERSITY, UK (Now London Metropolitan University) MSc Economics: Testing Purchasing Power Parity (PPP) on Angola Economy
- 1990-1996 AGOSTINHO NETO UNIVERSITY, ANGOLA BSc Econ (Hon)
OTHER QUALIFICATIONS (Other Training Programs)
- Executive Program – Venture Capital Private Equity, Columbia University, 2022
- Certificate of Economic Diplomacy, UK, 2016
- Certificate of Consulting in Production and Industrial Schemes - UNIDO PHAROS Navigator, Austria, 2009
- Certificate of Financial Programming (IMF Institute), Washington DC 2004
- Certificate of Theory and Empirics of Growth – COLUMBIA UNIVERSITY and IMF, Washington D.C, US, 2005
- Certificate of Macro Econometric Modeling with Troll, ECOMOD, Washington D.C, 2004
- Certificate in Financial Institutions Private Enterprise Development- John Kennedy Institute, Harvard University, Cambridge, Massachusetts, US, 2002
CONFERENCE/SEMINAR PAPERS (Publications)
1) Empirical evidences of a macroeconomic stabilization process – contribution of sound fiscal policy Congress of Economists Lusophones, Luanda, 2005
2) Angola Fiscal Performance – Section of Angola Economic Report, Center of Studies and Economic
3) Research of Angolan Catholic University, (2004, 2005, 2006, and 2007)
