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Thursday, August 11, 2022

ZANACO gets new MD as Bruce Dick retires

Economy ZANACO gets new MD as Bruce Dick retires

FILE: Zambia Minister of Finance Alexander Chikwanda receives a cheque worth of K10 million Eight Hundred Twenty Eight  from Zanaco MD Dick Bruce as a  2013 Divedend Payment to Zambia Government; the ceremony took place at the Ministry  Boardroom in Lusaka.
FILE: Zambia Minister of Finance Alexander Chikwanda receives a cheque worth of K10 million Eight Hundred Twenty Eight from Zanaco MD Dick Bruce as a 2013 Divedend Payment to Zambia Government; the ceremony took place at the Ministry Boardroom in Lusaka.

Zambia’s largest commercial bank by assets, ZANACO has announced that Mr. Hendrik Gezienus Mulder has been appointed as the Managing Director of the Bank with effect from 1st November 2016.

This follows the retirement of Mr Bruce Dick who left the bank on October 30th 2016.

In a statement, the Board thanked Mr. Dick for his dedicated service to the Bank and in helping shape the new direction that the Bank has embarked upon and wished him the very best in his future endeavors.

The new Managing Director Mr Mulder is the former Managing Director for Rabo Development in the Netherlands.

With a career spanning over 34 years, Mr Mulder is a Law graduate of the University of Groningen in the Netherlands and has extensive experience in banking. His functional expertise is in strategic management, credit risk, treasury, investment and retail banking.

He started his career in 1982 at ABN Amro Bank where he served in various roles in the Netherlands, India, Brazil, Indonesia, Colombia, Romania and Saudi Arabia.

He also served at PT Bank Rabobank Indonesia as CEO for five years before joining Rabo Development.

The Board said it is confident Mr. Mulder will further add immeasurable value to the Bank’s new initiatives.

10 COMMENTS

  1. This follows the retirement of Mr Bruce Dick who left the bank on October 30th 2016. Today is just 1st October ka.

  2. Lord we thank you they didn’t appoint a Zambian, naked thieves.
    Next article is a Zambian woman stealing from bank.

    • I am all for Zambian empowerment, but at times great minds think alike Nostradamus. Most times I do not agree with you, but when I heard ZANACO was getting another foreign CEO, I smiled in my soul. It is too delicate an enterprise to trust Zambian hands. Mwanakatwe is a good example of the fraud we would see with a Zambian at the helm.

  3. Thank you for appointing some one that is not Zambian. ZANACO dodges another bullet and lives to prosper once more.

  4. Lack of capacity under pf means that economically national sensitive positions are given to foreigners. Disappointing.

  5. @Nzelu i agree with you. Mwanakatwe has really failed most of us. Zamtel was more vibrant entity when Hans Paulsen was MD

  6. Inferiority complex at its best. The new ZANACO MD cannot match Mzinga Melu. She is way toi qualified for this lawyer pretending to be a banker

Comments are closed.

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