Quantum Global Group, an Africa-focused investment firm, has appointed David Mauro Figueiredo de Carvalho as Regional Director for Angola and Mozambique.

Carvalho has more than 16 years’ experience in banking and investment institutions.

He joins Quantum Global from Banco Comércio de e Indústria, Luanda, where he led the Corporate Banking division.

Prior to that he was with the Investment Banking department at Banco Angolano de Investimentos, Luanda.

He also held a senior position with Banco Nacional de Angola, leading the Reserve Management department.

Commenting on his appointment, Carvalho, said: “Angola, Mozambique, Nigeria and Kenya will continue to be a major focus for Quantum Global over the coming years because we see great momentum and potential in these markets, specifically in important areas of public investments.”

“Given the progress that we have seen over the past decade in these countries, I believe that now is a good time to invest in what are still some of Africa’s most promising markets. I look forward to continuing to be a part of Quantum Global’s growth,” he said.

The hire come as part of the Group’s objectives to diversify its portfolio of investments and attract foreign investments across key African markets.

In April, Quantum Global announced the planned opening of strategic offices across the continent in Angola, Kenya, Mozambique and Nigeria.

The Firm will broaden the scope of its investment services in these marks by offering financial advisory services, actively sourcing deals and managing the local private equity investments.

Jean-Claude Bastos de Morais, Founder and Chairman of the Advisory Board, said: "The hiring of Mr. Carvalho is an important step in the firm’s regional growth strategy which, this year, has included a range of appointments and new acquisitions.” 

“His banking and investment experience will enable us to further attract new investors especially at a time when we are experiencing significant interest in Africa from both regional and international investors,” he added.