Stanbic Bank Zambia has welcomed Dr Austin Mwape as the new chairman of its board of directors.
“We are very pleased to have Dr Mwape on the Stanbic team,” said Stanbic Bank Zambia chief executive Charles Mudiwa. “He brings with him a wealth of experience spanning more than 28 years, most of which have been in the financial sector. His vast interactions with the government and private sectors as well as development partners over the years make him a fitting candidate for the position, and we look forward to his positive contributions towards the growth and well-being of the bank.”
Dr Mwape’s appointment emphasises Stanbic’s commitment to serving Zambian customers and ensuring it lives up to its motto: “Zambia is our home and we drive her growth”, added Mr Mudiwa.
Dr Mwape served as deputy governor of operations at the Bank of Zambia, and is currently a consultant with the World Bank as a senior financial sector consultant on a financial sector formalisation project for the Central Bank of Somalia,
He holds a PhD in Finance from the University of London, an MSc in Industrial Economics from the University of Lancaster, and a BA in Economics with Business Administration from the University of Zambia.
His experience ranges from financial sector stability matters including policy analysis and design (financial institution supervision, regulation policy and resolution), economic policy analysis and enterprise-wide risk management.
Dr Mwape has also served as chairperson on several other boards including the Zambia Electronic Clearing House Limited (ZECHL), Economic Policy Management Programme and the Financial Sector Development Plan Implementation Committee, among others. He also sat on the Zambia Consolidated Copper Mines Investment Holdings (ZCCM-IH) board as a board member.
These are technocratic who should jobs of Permanent secretaries and not Cadres!! Bravo Stanbic Bank and well done.
Falling all over yourself to comment first! You must improve your grammar…
@Finguru Executive Director is part time employment! I am one of them- though I’m also a Director and shareholder of a certain Ntemba
While it is good for Austin Mwape, look at the Stanbic CEO’s name! Mudiwa must be a Zimbo. Are there no Zambians to run this ntemba bank?
@mweol I agree with your first part “Permanent secretaries” but I strongly disagree with “Bravo Stanbic Bank!” There is no firewall between inside trading and using privileged information obtained by virtue of working for the Central Bank! This culture of lining pockets must come to end in Zambia. Whilst Austin is of excellent credentials surely there must be an estoppel of where he can work! Again, only in Zambia do you find even those who can start their own business lining up to the comfort of employment!
Since when has being a non executive board director become employment by the company served?
Congratulations Dr well done
Bravo MB, what we need now is fewer people with “paper credentials” and more men & women who are ready to get dirty even, while striving to have a real impact on the various issues that continue to bedevil our nation & Africa at large. For example, what’s the use of having a string of engineering qualifications (civil, mechanical etc) if you can’t even design an improved pit latrine or a simple bridge?
It is “pregnant issues” like improved agro production & value addition methods, designing simple bridges, improved pit latrines, simple but effective crop storage techniques, affordable building designs & materials etc that our people need NOW not later, this has probably been the greatest failure of our education system…
Congratulations Austin, well deserved appointment my brother.
This appointment is a joke, look at his last post, and quote: “financial sector formalisation project for the Central Bank of Somalia”. We all know Somalia as a country died that fateful Saturday night on Jan 28, 1991 when Rebel Chief Farra Aidid’s rebels stormed Mogadishu forcing President Mohammed Siad Barre to flee his palace. The two rebel factions then turned their guns against each other and killed the whole country. Honestly, Somalia is a state id DEAD! So which so called “senior financial sector consultant” services is Mwape rendering to the World Bank on a DEAD country. It’s like saying I’m Penza’s consultant to the Zambian government on “Bench marks and enabling economic environment” fimo fimo. It’s all masalamusi!
I suppose if you can advise the Somalis to run anything, chairing Stanbic must be like being on holiday.
Mwape’s experience with Somalia will come in handy as Zambia becomes another failed state!
Congratulations Dr. Mwape.