Alcides Horácio Frederico Safeca

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Executive Director

Alcides Horácio Frederico Safeca is a professional with over three decades of experience. He holds a Master's degree in Finance and Credit from the Faculty of Economics at the State University of Kichinev (former USSR). He has held various leadership positions in financial institutions and governmental organizations in Angola, notably as Secretary of State for Budget, playing a key role in formulating and executing government financial and budgetary policies.

Professional Experience:

  • - Administrator of the Angolan Sovereign Wealth Fund, assuming the position on July 30, 2019, where he plays a fundamental role in the strategic management of the country's financial resources.
  • - Chairman of the Board of Directors of Banco de Fomento Angola, S.A., since August 14, 2023, leading supervisory and oversight activities within the institution.
  • - Chairman of the Board of Directors and Executive Committee of Banco de Poupança e Crédito, from November 1, 2017, to June 20, 2019, making significant contributions to the development and implementation of growth and sustainability strategies.
  • - Secretary of State for Budget, from February 2010 to September 2016, playing a key role in formulating and executing government financial and budgetary policies.
  • - National Budget Director at the Ministry of Finance, from April 2002 to February 2010, leading the efficient management and allocation of public financial resources.

Academic and Additional Education:

  • - Masters degree in Finance and Credit from the Faculty of Economics at the State University of Kichinev (former USSR), completed in 1991.
  • - Corporate Governance course: Managing Board Dynamics for Delivery, held from February 26 to 27, 2024.
  • - Corporate Governance course: Extracting Value from Board Structures, held from December 4 to 5, 2023.
  • - IMF Public Finance and Financial Programming course, completed in February-March 2002, in Brasília.
  • - Project Preparation and Evaluation course, completed from April to July 1995, in Lisbon.
  • - National Accounts course, completed in April 1993, in Luanda.

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