Luanda, 12th February 2025 – GEMCORP Capital is delighted to announce the launch of Kassai a new domestic asset manager in Angola and the appointment of Walter da Cruz Pacheco as the new Chief Executive Officer (CEO).
Kassai was created by GEMCORP to mobilize national and international resources to finance the exciting growth of the Angolan economy. Kassai intends to invest in assets, projects, and strategic opportunities in Angola, improving capital markets and meeting the need for capital to support its growth. Kassai leverages the expertise of GEMCORP CAPITAL, a leader in emerging market investments. After obtaining registration with the Capital Market Commission (CMC), Kassai is now positioned to play a fundamental role in boosting the Angolan financial sector.
To support this new ambition, Kassai appoints Walter Pacheco, a professional with extensive experience in the national financial sector. Walter previously held leadership positions at Bodiva Angola, where they were a key figure in the development of the Angolan capital market.
The appointment of Walter Pacheco and the launch of Kassai mark an important step in the consolidation of Gemcorp Group's strategy in Angola, bringing experienced leadership and innovative vision capable of solidifying this new company as a relevant operator in the country’s capital markets.
“I am very excited about the prospect of leading Kassai. This new venture represents a significant milestone for Gemcorp in Angola and a positive development for future investments in our country”, says Walter Pacheco.
Atanas Bostandjiev, CEO of Gemcorp Group “Kassai will complement and strengthen the longstanding work of Gemcorp Angola, which has already made a significant contribution to the country’s social and economic development. In Walter Pacheco we have a CEO, who brings vast experience and local knowledge. We are confident that Kassai will become a key player in Angola’s asset management sector, driving the sustainable development of the national economy”
