Mozambique’s President Daniel Chapo has appointed Waldemar Fernando de Sousa as the new Governor of the Bank of Mozambique. Felisberto Dinis Navalha was simultaneously named as the institution’s Vice-Governor. These appointments were made through a Presidential Decree, utilizing the powers granted to the President by the Republic's Constitution. Sousa will now lead the central bank, overseeing monetary policy and financial stability in the country. The appointments signify a change in leadership at the Bank of Mozambique, though details of the specific reasons behind the change weren’t immediately available. The decree confirms these positions are effective immediately. This news was initially reported by O País, a local news outlet.