Name: Mário Machungo

Location: Mozambique

Occupation: Former Prime Minister; former Minister of Planning of Mozambique; former President of the Advisory Board, BIM-Banco Internacional de Mozambique SA (Millennium BIM).

Fields of Expertise: Mozambican politician and expert in the banking sector and monetary policy issues.

Mário Machungo served as Prime Minister of Mozambique from 1986 to 1994. Recently he has been actively involved in the private sector, as Chairman of the Board and President of BIM Banco Internacional de Moçambique SA., Chairman of the Commercial Bank of Mozambique (BCM), and the International Bank of Mozambique (BIM), Chairman of Seguradora Internacional de Mocambique, S.A.R.L., and as Member of the Senior Board of Banco Comercial Português S.A. and Millennium BCP-Ageas Grupo Segurador S.G.P.S. S.A. 

Mário Machungo was also economist at Banco de Fomento Nacional, Portugal and Mozambique in 1970; Minister for Economic Coordination in 1974; Minister of Industry and Commerce between 1975-1976; Minister of Energy in 1978; Minister of Agriculture from 1978 to 1982; Minister of Planning from 1980 to 1994; and Governor of the Zambezia Province from 1983 until 1986.