Mpinganjira steps aside at FDH Financial Holdings: Chitera acting CEO

Top financial services business mogul Thomson Mpinganjira has stepped aside from the FDH Financial Holdings Limited where he served as chief executive officer (CEO).

Chitera: acting CEO
Thomson Mpinganjira steps aside at FDH

“The stakeholders are therefore informed that from this date, he stepped aside from his role and responsibilities within the FDH Group of Companies,” reads a  statement from financial holdings Chairperson Noel Mkuluchi

His stepping aside from the FDH Financial Holdings follows Constitutional Court judges bribery allegations which are swirling over his head and comes barely a day after the High Court granted him bail after his arrest over the allegations.

“In view of the above, the board is pleased to announce the appointment of Mr. George Chitera as an interim Group chief executive officer,” says a statement from the FDH Financial Group made available to Nyasa Times on Thursday.

The statement says Chitera was until his recent appointment, the Group finance officer.

Chitera joined the company in 2007 and has over 15 years extensive professional experience in corporate finance, financial planning and analysis, strategic planning, banking, risk management, capital allocation, treasury, and tax planning, the statement says.

The financial institution says Chitera is a holder of the Association of Chartered Certified Accountants (FCC) and holds a Masters of Business Administration from the Polytechnic.

Follow and Subscribe Nyasa TV :

Sharing is caring!

Follow us in Twitter
18 Comments
newest
oldest most voted
Inline Feedbacks
View all comments
Kholowa
Kholowa
4 years ago

Olobe ine ndikudzatseka account yanga munya muona agalu inu mwatidyela kwambili

Malawi belong to the citizens.

Mr Thomas Mpinganjira musatiwonongere dziko choonde we are still young & bright in our minds we will develop our beautiful country.I wish corruption ndi nzake bribes zikanatha Lero and world class infrastructure development zikanayambapo.

Llhomalo
Llhomalo
4 years ago

This is a total lie, he cannot resign and people should not be deceived

Observer
Observer
4 years ago

Congratulations George. Very inspiring to get that position at that age. Your chance to prove yourself (off course you don’t get that far without a proven track record). I have confidence in you

The Insurgent
4 years ago

Why is chitera not smiling?

Atsogo
Atsogo
4 years ago

aaaa a product of Dedza sec school

Apumbwa
Apumbwa
4 years ago

What does stepping aside mean?? Has he resigned? Has he quit?

Kaliati MBC.
Kaliati MBC.
4 years ago

Why stepping aside one’s own property and at this time with whats just happened?
Malawi and it’s people is most wise these days.
Malawi Savings Bank etc being shared amongs people of same family we seen.

Thank you.

#NotMyPresident
#NotMyPresident
4 years ago

You should quit as board member of ESCOM as well, let alone being a Board Chairman. If you were bribing the judges, how much bribing have you done at ESCOM, no wonder your ESCOM attributed the theft of gensets fuel to guards, a guard who does not even have a K50,000 in his bank account.

Mitengo
Mitengo
4 years ago

Good move, good business practice.

Read previous post:
Walter Nyamilandu leaves Illovo Sugar Malawi

President of Football Association of Malawi (FAM), McMillan Water Nyamilandu Manda leaves his full time job at Illovo Sugar (Malawi) plc...

Close