Jumbe heading to Africa Development Bank: Mkwezalamba to IMF

Malawi economist and former finance Minister Friday Anderson Jumbe is heading for a post at African Development Bank (AfDB) while another former finance minister Maxwell Mkwezalamba has been picked as International Monetary Fund (IMF) executive director.

Jumbe: To work  at AfDB

Jumbe: To work at AfDB

Mkwezalamba: To IMF

Mkwezalamba: To IMF

Jumbe, who contested for the presidency in May 20 elections under the New Labour Party and lost miserably, stepped down as party leader and withdrew from frontline politics last month.

His move is said to have been preparation for the job at AfDB.

He has been seconded by Malawi government.

Meanwhile, Mkwezalamba who was finance minister in Joyce Banda administration will be IMF director to represent Malawi and other 21 African countries on the fund’s board for the next two years.

He was nominated to the job by Malawi government together with former Reserve Bank of Malawi (RBM) general manager Wilson Banda and former RBM governor, Elias Ngalande not as it is now Malawi’s turn to provide a director for the Africa Group Constituency.

The three underwent interviews by a group of African finance ministers in Washington DC last week but Mkwezalamba, who previously also served as economic commissioner at the African Union, emerged as successful.

The position is a full time salaried job paid by the IMF and the office holder will be based in Washington DC where he will attend IMF executive board meetings representing the Africa Group Constituency.

Malawi will take over the directorship from Gambia whose national Momodoe Bamba Saho has been executive director since November 1, 2012.

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nellie mwa
Guest
Districts with high concentration of children born to northerners Zomba. Wen the II was the capital I have two kumwendas who share one father but married neither. Chikanda vge next to Chanco. Kuli aChirwa Gondwe nunthali name them. Did they go back to send them to school? Blantyre osanena Mpemba from the Staff training school, Soche Makhetha Ana spa Poly skugona Ku Maone Cz around Mikolongwe The Hospital malo ambiri . Mbuli zambiri ndi Ana any mumachitira experiment before going home kukalowola. Very rare will a man married to a southerner cheat on their wives with a northerner but tumbukas… Read more »
Kanyimbi
Guest

Izi Kanyimbi saikapo ndemanga. Ndilowe kumphanga ndizigona.

Hezlon Lungu
Guest

Educated pipo will always enjoy the fruits of ther sweat osa phunzirafe tizingolimbana zandale basi bravo to Mkwezalamba “when one door is close the other door will always be open”

Abiti
Guest

No. 6, Always substantiate your claim when writing publicly, otherwise you will be taken as a nicompoup who is blindly triblalistic.

Uziwa-Uziwa
Guest

Where were the so called Tumbuka’s when these super pple were interviewed. Stupid northerners, mwayiyamba dala nkhondo muyimalize musovanso muona

Phpintl
Guest

Interesting post, It will be interesting to see how these two will ultilize fundings in the next few years.

Watela
Guest

If Goodal Gondwe attended these interviews he wud have been the prefered candidate based on his credentials which Mkwezalamba can not match. So those talking about northerners shud be ashemed and know that the north has brains in every field. What about Dr Connelius Mwalwanda?

yohane
Guest

I dont know why people from south and central are silent on the matter of division of malawi. Let me tell you my fellow central region brothers and sisters, say something on this and do action on the matter. These tumbukaz are every where they scholling in our district sec schools lets take our place and really show them that they start this division and is now real. Kodi a livingstonia mumalalika chani in church? One christ or your own pastors.

Mbwiye
Guest

Congrats Friday my former CEO at ADMARC. Please work extra hard there to prove that you are worth the salt. Please complete your Phd there, I want you to come back a Dr not u Doctor wa a JB wa fake. Tell JB to do masters first.

aem
Guest

Well done, you continue to make us proud!

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