Economy

A SEMANA : Primeiro di?rio caboverdiano em linha

TACV’s new Board of Directors announced 05 March 2012

João Pereira Silva, who has been tapped to head TACV Cabo Verde Airlines’ new Board of Directors, has called on two Cape Verdean professionals working abroad, engineer João Carlos Silva and business administrator Marco Pereira, to form the team with which he will manage Cape Verde’s flagship airline. The government has accepted the proposal and is expected to officially announce the makeup of TACV’s new Board of Directors Monday in order to swear in the new administrators on Friday.

TACV’s new Board of Directors announced

The government intends to swear in TACV’s new Board of Directors this week after the names were approved last Thursday in a shareholders meeting. João Pereira Silva, a former Minister of the Economy, who will chair the Board of Directors, called on two Cape Verdean professionals living abroad to complete the new board: engineer João Carlos Silva, a São Vicente native who lived in England for a considerable time and who currently works for EuroAtlantic, a charter airline linked to the Pestana group; and Marco Pereira, who has been working in Portugal as an administrator of that country’s Yellow Pages.

Marco Pereira, a native of Santo Antão, will be TACV’s commercial and financial administrator, while João Carlos Silva will be responsible for the company’s technical area – something that is not expected to be difficult, given his experience as a civil aeronautics technician.

Both Pereira and Silva were hand-picked by João Pereira Silva himself, who opted to invest in two professionals living and working abroad to assist him on his mission to bring TACV out of the red in which it has long been swimming. “João Pereira Silva did not want to call on TACV employees in order to avoid repeating current vices in the management of the company. With outside professionals, they can take measures without running the risk of playing the same tune that doesn’t appear to have shown any results so far in the company. In addition, TACV’s new CEO will have Marco Pereira’s macroeconomic vision to define new flight paths and strategies, especially on a regional level, that can make TACV grow,” says a source.

João Pereira Silva, João Carlos Silva and Marco Pereira are expected to be sworn in to their respective posts this week, possibly on Friday. TACV’s new Board of Directors replaces the team led by António Neves and which also included Georgina Mello and Carlos Lima. Neves submitted his resignation in March of last year after entering into a relatively public conflict with Minister of Finances Cristina Duarte. At cause were the state-owned airline’s accounts, which Neves had exhibited as a major gain of his reign as CEO, but whose veracity and accuracy failed to convince the cabinet minister.

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