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15 September 2011

Government appoints Abrao Vasconcelhos as national central bank governor

East Timor Legal News Source: Radio Timor-Leste, September 14, 2011 language source: Tetun - Prime Minister Xanana Gusmao has appointed the ex-Director for the Timorese Banking and Payments Authority (BPA), Abrao Vasconcelhos, as the governor of the Timor-Leste National Central Bank.

Mr. Vasconcelhos was appointed after the BPA was transformed into the national central bank.

He pledged to exercise his tasks properly by leading and managing the bank and will prioritise the national interest.

“I express my thanks to the prime minister who has given me the responsibility and I will make efforts to do my job well,” he said.

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