Ex-Malawi central bank governor Ngalande hired as FDH Bank managing director

FDH Bank has hired former Reserve of Malawi (RBM) Governor Dr Elias Ngalande as the new Managing Director, replacing William Mpinganjira who was acting in that capacity.

Ngalande; FDH Bank managing director

The appointment is effective 2 January, 2020.

According to a statement issued and signed by Lorraine Lusinje, FDH Bank Public Relations Officer, Ngalande will lead the implementation of FDH Bank’s strategy championing innovation, digital solutions, financial inclusion and superior customer service delivery.

“Dr. Ngalande is a seasoned and highly qualified professional with over 30 years’ experience working in strategic management positions in the public and private sector locally complemented with international exposure, ” reads the statement.

Dr Ngalande served as General Manager for ADMARC, Investment Holding Company, Secretary to Treasury at Ministry of Finance, Deputy Governor and Governor Reserve Bank of Malawi and Executive Director of Microeconomic and Financial Management Institute of Eastern and Southern Africa.

He holds a Ph. D. in Economics and a Master’s Degree in Political Economy from Boston University in USA, a Master’s of Science in development Economics from University of Strathclyde in Scotland and a Bachelor’s of Social Science Degree from University of Malawi Chancellor College.

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CheChamba
CheChamba
10 months ago

Is this the Dr Ngalande who was Governor when late Bingu was Deputy Governor at RBM during the UDF rule.Late Bingu had a very bad heart and always ungrateful, immediately late Bingu ascended to the presidency, he made sure this Dr Ngalande was buried alive and rotted at Chancellor College, typical of mtima woipisisa wa chilomwe.

Mtete
Mtete
10 months ago

I wish he replaced Quattara

Machendekhwepe
Machendekhwepe
10 months ago

Hope he will improve efficiency at the bank

Angoni apaphata
Angoni apaphata
10 months ago

What is going on with people in banks? Ma movement Ena sungamvetse. Or is it that since apumbwa are stealing through fdh so fdh is more lucrative than reserve? Just makes one wonder…

National CEO
National CEO
10 months ago

He was working with Reserve bank many years ago and not that he has just switched work places.

Peter Ngoma
Peter Ngoma
10 months ago

Congrats Doc. and wishing you all the best!

Sindikita
Sindikita
10 months ago

Apa FDH game mwayiponya kutali….munthu mwatengayu ndi katundu kwambiri!!! Katundu mzito, apa ni Josi pachoko…moto unandi!!!

Kayambandiko Chapita
10 months ago

Mwadziwilatu ma cadet kuti masiku anu atha, ndiye Chifukwa chake mwaitana Dr Ngalande kuti pomadzasintha boma anthu adzapuse kuwona ngati Bank-yi ilingati ma bank enawa. Sadziwa ndani kuti FDH Bank ndi bank yomwe kukumadutsila chuma cha boma kumanka mmatumba mwa macadet. FDH ndi bank ya chipani cha Dpp, ndiye akufuna Dr Ngalande abise nyasi zomwe zakhala zikuchitika mu bank imeneyi Shame. Dzuka Ndasaland dzuka!!

Peter
Peter
10 months ago

MAIR SPECULATION …THATS TYPICAL OF MANY MALAWIANS YOU MISS FACTS

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