Standard Bank Limited has appointed Rex Harawa as its new chairperson, taking over from Alex Chitsime who chaired the bank’s board since 2004 and retired in May this year.
Malawi Stock Exchange (MSE)-listed commercial bank said in a statement made available to Nyasa Times on Friday that Harawa was first appointed as Board member on the board of Standard Bank in October 2007.
Harawa, who is the managing partner of AMG Globe certified public accounts and business advisors, was the Chairman of the Bank’s Board Audit Committee from 27th May 2010 up to 13th June 2014 when he was appointed as Chairman of the Board.
“Apart from being a board member, Dr Harawa has over the years also served as a member of the bank’s board risk committee and the board audit committee,” said a statement from the bank issued by Etness Chanza.
He also serves as Chairman for the Malawi Accountants Board, and a Board member for the following organizations: Kansai Plascon Malawi Limited and Real Insurance Company of Malawi Limited.
Harawa has also previously served as Chairman of Malswitch Limited and a Board member for Malawi College of Accountancy and the Malawi Stock Exchange.
Harawa holds a PhD in Finance and Economics from the State University of New York, an MA in Finance and Economics from the same university and a Master of Science in Economics from the London School of Economics and political science.
He is also a member of the Chartered Institute of Arbitrators, a Registered Practising accountant and auditor in Malawi, a Certified Public Accountant in Maryland, USA, a certified management accountant in the USA and also a certified financial manager in the USA.