The Absa Group announced on Wednesday that Luísa Diogo, Chairman of the Board of Directors of Absa Bank Moçambique, has been appointed Non-Executive Director of the Absa Group, and will now hold both positions.

In a statement, Absa highlights Luísa Diogo's long career and her recognized competence and professional experience in the economic and financial fields.

Luísa Diogo holds a Master's degree in Financial Economics from the University of London, and is currently Chairman of the Board of Directors of Absa Bank Moçambique, Chairman of the Board of Directors of Global Alliance and Non-Executive Director of Total Moçambique. She was Prime Minister of the Republic of Mozambique (2004 to 2010) and Minister of Planning and Finance (2000 to 2004).

Absa Group Limited is one of the largest and most diversified financial groups in Africa with a presence in 12 countries on the continent, including Mozambique, and around 42 000 employees. Absa Group Limited is listed on the Johannesburg Stock Exchange in South Africa. (Absa)