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.

Madinga: Back at Standard Bank

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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Yudah
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Yudah

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??????

Truth
Guest
Truth

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!

Ndendeuli
Guest
Ndendeuli

Hule weniweni. A typical example of a greedy glutton.

bishop
Guest
bishop

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…

politician
Guest

That shows that Banks have trust in him and his experience speaks on his behalf

politician
Guest

That means Banks are more interested in his experience….it means he knows the job. Congrants

MBUNYO
Guest
MBUNYO

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

Sulemani Bendulo
Guest

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… Read more »

Ulemu Banda
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Ulemu Banda

I am sure Malawians are now laughing at you for making a silly comment.

Kangaude
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Kangaude

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

Sulemani Bendulo
Guest

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… Read more »

Real T
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Real T

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).

Masambanjati
Guest
Masambanjati

Kodi ku Malawi uko munthu ophunzira ndi odziwa ntchito ndi Madinga yekha?

Fadwique Matemba
Guest

Iweyo ngati uli ophunzira kuposa Phillip then why not challenging him you idiot

Francisco Madinga
Guest
Francisco Madinga

Ayi Bambo. Inuso tinamva kuti ndinu akatswili amabuku..bwelani muzatiombole😁😁😁

Gee
Guest

It’s true, every year just hear about Madinga