Seasoned banker Madinga returns to Standard Bank of Malawi from NBS
A seasoned banker Phillip Madinga has returned to Standard Bank of Malawi where he will now be Head of Personal and Business Banking.
Standard Bank chief executive officer William le Roux has since welcomed back Madinga who returns from NBS Bank plc where he was chief commercial officer.
“Phillip has a wealth of experience in various financial institutions in Malawi and we look forward to benefitting from his many years in the industry and the wide span of knowledge he has accumulated,” says le Roux.
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.
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A man has a wife and she decides to leave him for another man. She goes around from one man to another… after several years she comes back to him and without delays and hesitations he accepts her back. What does this tell you about the value of the wife to the man??????
A lot of jealous people on here.The man has experience and is qualified.Better to go to an established bank than sink with a failing one.Rumor is he did all the work while the NBS CEO took all the credit.We will see what will happen there now.Good luck to him.No stress always better!
Hule weniweni. A typical example of a greedy glutton.
yes madinga Philp is well educated and has banking skills koma mmmh he has no proper principles..he is changing jobs too much very soon he will join all banks in Malawi.Sometimes it’s not good just to focus on salary..Let’s hope he will stabilize at standard bank…All the best brother…
That shows that Banks have trust in him and his experience speaks on his behalf
That means Banks are more interested in his experience….it means he knows the job. Congrants
according to me NBS its the waste amongest all banks how can they employee young people working for the them like slaves giving them force promise that soon they shall be employed up to now zeeeeeee and salaries kumawapatsa 7000 malawi kwacha and ndalama za NOVEMBER SANALANDILE LELO PA 4 DECEMBER DSA ALIMADZI NDINACHITA BWINO KUYITAYA
Malawians make me laugh, they are lauding a guy from becoming CEO of two banks to Head of Personal Banking. What’s there to marvel about, isn’t this a demotion on his part? And if this guy is seasoned banker as you purport him to be, why doesn’t he become Reserve Bank Governor or find a lucrative job at a reputable international financial institution say World Bank or IMF? As far as I am concerned, I am not impressed with people of Madinga caliber who hops from one local bank to another, I am inspired by people like Dr. Maxwell Mkwezalamba who are at IMF in Washington at the top level and they are doing wonders there.
I am sure Malawians are now laughing at you for making a silly comment.
Seems like you don’t understand that those are two ball games. IMF/Reserve bank is mostly for economists and no one is really trying to maximize profits there. It takes a different skill set to be in a for-profit bank, working with clients, building portfolios and earning profits. Madinga is as the best as they come in that respect
Kangaude, you seem to be not well versed in these issues, you say IMF /Reserve Bank is mostly for Economists, yet you forget that Madinga is also an economist if his first degree is anything to go by. By the way late Victor Mbewe came from Commercial Bank (Now Standard Bank) to become Reserve Bank Governor. Now that’s what we call going up the ladder in the banking sector not mbofyombofyo hopping from one village bank to the other. Mind you, reserve bank is the regulator of all banks in Malawi, in terms of the banking hierarchy, Reserve Bank is the mother of all banks in Malawi
All the best Phillip as you take on a new challenge, nothing is impossible as long as you put you mind into it and considering your vast experience its just a matter of reorganising yourself. Once again bonne chance (all the best).
Kodi ku Malawi uko munthu ophunzira ndi odziwa ntchito ndi Madinga yekha?
Iweyo ngati uli ophunzira kuposa Phillip then why not challenging him you idiot
Ayi Bambo. Inuso tinamva kuti ndinu akatswili amabuku..bwelani muzatiombole😁😁😁
It’s true, every year just hear about Madinga
I think Madinga does not know what he needs in life because so far he has rolled to almost all banks in Malawi. While he looks attractive on the face value but the guy is useless because he does not know what he wants in life. He was part of the team that run down NBS
Have you also commented on peter fote who is now with Times Group?Everyone is free to make choices in life and move on. What comes thereafter is none of our business.
A real rolling stone. He should realise that he is aging and that this is the time to gather moss which he will not achieve by keeping on rolling from one bank to another.
Why do we always hear about Madinga? What’s so special about him? I think money exchange hands to seek cheap publicity.
Who did you say this is..? What happened
Join the discussion Good leadership skills and exellent management of resources…