Seasoned banker Madinga appointed CEO Standard Bank of MalawI

Malawian seasoned banker, Phillip Madinga, has been appointed Chief Executive  Officer (CEO) for Standard Bank-Malawi,  promoted from Head of Personal and Business Banking.

Madinga: CEO of Standard Bank

Madinga returned to Standard Bank in January  from NBS Bank plc where he was  chief commercial officer.

Before joining NBS Bank plc , Madinga made a surprise resignation from FMB Bank plc where he was Group General Manager for Corporate and Commercial Banking.

He is  a former Managing Director at FDH bank before moving to FMB Bank and then NBS Bank plc.

Madinga holds a bachelor of Social Science, Economics from the University of Malawi, bachelor of Business Administration (Honours) from Stellenbosch Business School and a Master of Business Administration from University of Stellenbosch Business School.

He has held senior positions in different institutions. From 2002 to 2005, he was Head of Corporate Banking for Ecobank, previously known as Loita Investment Bank.

In 2005, he was appointed Head of Corporate and Investment Banking for Standard Bank, a position he held until 2008 when he was promoted to Director for Corporate and Investment Banking until 2013.

In 2013, Madinga left Standard Bank to join FDH Bank as it’s Managing Director.

In 2016, he left FDH Bank and joined First Capital Bank, then known as First Merchant Bank, as its Group General Manager responsible for Corporate and Commercial Banking.

A year later, in 2017, Madinga left First Capital Bank to Join NBS Bank as Chief Commercial Officer.

In January this year, he left NBS Bank to return to Standard Bank as Head of Personal and Business Banking, a post he has held for 7 months until his recent appointment as the Bank’s Chief Executive Officer.

Madinga will take over from William Le Roux, a South African.

Standard Malawi is a subsidiary of South Africa’s Standard Bank Group, Africa’s biggest financial services provider by assets.

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Usayi
Usayi
11 months ago

Ngakhale sindikudziwani ndikungoti ulemu wanu bwana. Zikusonyeza kuti mumalimbikira ntchito komanso ntchito yo mumayitha. Zabwino zonse Bwana Madinga.

Joni
Joni
11 months ago

Akulu awa ndiye kuti ntchito amaitha chifukwa konse komwe ayenda sudzamva kuti awachotsa ayi……akumayisiya okha koma akupitanso pampando wina onona….koma kuti Std Bank iwabwereze komanso pamipando yake imeneyo ndiye kuti sipano….

Kwatsala angopanga bank yawo basi…….

alpha
alpha
11 months ago
Reply to  Joni

Amadziwa kuti akangokhalitsa zionekera poyera kuti kumufukula pang’ono palibe chidziwa iye kwambiri. Pakamwa basi.
Sitikudana ndi munthu kukwera ma udindo koma kumakhazikika ndi kumaliza ma project opanga wekha osangoti apa wapita, apanso wapita.
Zili ngati anthu osakonda kugula mowa kuchuluka kuyendayenda m’ma bottlestore akaguliridwa umodzi powopa kuonekera ng’amba amanyamukapo ukawapezanso pena wina awagulire.

Iantana
Iantana
11 months ago

Congratulations man…bola nanu musayambe ndale

Ngawamele Kulaga
11 months ago

Congratulations Phillip. Well deserved

alpha
alpha
11 months ago

Koma bwanawa sakhalitsa pa malo bwanji? Is it healthy for the banks he works for or he perhaps just markets himself well? He seem to like not to work on projects until fruitful delivery. Just an observation but nothing else, paja pali mau akuti mwala woyenda yenda……

Mushaka Desire
Mushaka Desire
11 months ago

Congratulations Filo!
God bless you in the new office !

chimulirenji
chimulirenji
11 months ago

Ada awawa amatha. Congrants Dingaaaa

Tom Phiri
Tom Phiri
11 months ago

Is he the former footballer, a Noma? Congrats.

Chechamba
Chechamba
11 months ago

Madinga seems to be too marketable and not stable at the same time.How does he manage to achieve long term strategic plans within these short stays at Institutions?

National CEO
National CEO
11 months ago

How will this information help Malawians?

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