Natsave Board appoints Mukwandi Chibesakunda as Managing Director

MUKWANDI CHIBESAKUNDA is new Natsave Managing Director. The board of National Savings and Credit Bank arrived at this decision late in the year in its last sitting. Natsave had been without a Managing Director since Cephas Chabu separated with the bank. Mrs Mary Munansanzu held the mantle as Acting MD up to Mukwandi’ s appointment.

Mukwandi has a wealth of banking experience at both regulatory and commercial banking with a skew towards retail banking. She last served as Executive Head of Personal and Business Banking at Stanbic Bank Zambia for half a decade. Mukwandi had a 4-year stint at Access bank Zambia as the first female Managing Director of the Nigerian Bank. Prior to that Mukwandi was at Standard Chartered Bank where she last served as executive Director Consumer Banking totalling her years at Stanchart to 14.

The genesis of her banking career was with the Bank of Zambia where she served as inspector.

Mukwandi is an Economic graduate from University of Zambia with a Post graduate diploma from Manchester Business School. She is an MBA finalist.

“I would like to express my sincere gratitude to the board of directors, management, staff, and stakeholders of Natsave for the opportunity, honor and privilege to serve as CEO. We look forward to the support of the clients and the Zambian people as we jointly take the institution to new heights. Mukwandi Chibesakunda MD Natsave

Zambia Business Times wishes to congratulate Mrs Chibesakunda and believes her addition to the management team will yield the desired results leveraging off her wealth of experience.