The Banco Nacional de Angola (National Bank of Angola) is the central bank of Angola. It is state-owned and the Government of Angola is the sole shareholder.
Considered one of the most respected bankers in Angola, José de Lima Massano, 47, born in Luanda, have a Masters in Accounting and Finance, from the City University – London, in 1996. Licensed in Accounting and Finance, from the University of Salford, United Kingdom, 1995.
He started his career in Sonangol EP, in 1997, in the Accounting Department, being integrated into the Board of Directors of Banco de Poupança e Crédito. In 2006 he became the Head of the Executive Committee of BAI, a function which he occupied until 2010, the year in which he was nominated Governor of the Angolan National Bank. He returned to BAI in January 2015 as Head of the Executive Committee and leave again the bank to became Governor of Banco Nacional de Angola in October 2017 after being appointed by Angola President João Lourenço.
José de Lima Massano substitute Valter Filipe that was exonerated by the president.
His knowledge of the banking sector and charismatic leadership helped turn BAI into Angola’s biggest private bank and one of the first financial institutions to expand abroad, with offices in Portugal, Cabo Verde, São Tomé and Príncipe, Brazil and South Africa.
As president of the Association of Angolan Banks (ABANC) in 2009, Massano accused the central bank of hurting the banking system after it doubled the bank reserve requirement and reduced the sale of dollars to banks.