William Mpinganjira appointed CEO for  FDH Group: Chitera new deputy MD for FDH Bank plc

FDH Financial Holdings Limited has appointed William Mpinganjira as its new Group Chief Executive Officer with effect from 1 September, 2020 following the retirement of Dr. Thomson Mpinganjira.

Willima Mpinganjira : New CEO for FDH Group
Chitera: Deputy Managing Director of FDH Bank plc

The appointment which has been approved by the Reserve Bank of Malawi (RBM) will see the young Mpinganjira, 36, heading FDH Financial Holdings Limited which has five subsidiaries namely; FDH Bank plc, FDH Money Bureau Limited, First Discount House Limited, FDH Advisory Services and MSB Properties Limited.

FDH Financial Holdings Limited Board Chairman Noel Mkulichi described William Mpinganjira as ‘a seasoned banker with more than 11 years’ experience in the Banking and Financial Industry with international exposure in London’.

“Prior to his appointment as Group Chief Executive Officer, Mr. William Mpinganjira worked as Deputy Managing Director for FDH Bank for three years and was acting Managing Director for the Bank in 2019. Mr. William Mpinganjira has worked in top management positions with FDH Bank plc and the FDH Financial Holdings Group. He has vast skills in Credit Analysis, Risk Management, Strategy Development and Implementation,” said Mkulichi in the statement.

William Mpinganjira has been leading the innovations strategy that has strongly positioned FDH Bank as a leading digital bank in Malawi with cutting edge digital innovations including the recently introduced FDH WhatsApp Banking.

William Mpinganjira holds a Bachelor’s Degree in Finance and Accounting obtained from the London South Bank University, United Kingdom, a Master of International Business Degree from Grenoble Graduate School of Business, France, and is also a holder of a Master of Banking and Finance Degree from Bangor Business School, Wales.

Furthermore, he is a Fellow of the Association of Certified Chartered Accountants, a member of the Institute of Chartered Accountants in Malawi (ICAM) and a Chartered Banker with the Chartered Banker Institute.

William Mpinganjira has also completed an Executive Development Programme (EDP) at the University of Stellenbosch Graduate Business School, South Africa and is an alumnus of the prestigious Harvard Business School and London Business School having completed Leadership programs.

Meanwhile, Mkulichi said following Mpinganjira’s appointment, RBM has approved the appointment of George Chitera as the Deputy Managing Director of FDH Bank plc. Until his appointment, Chitera was the Group Chief Financial Officer and the acting Chief Executive Officer for FDH Financial Holdings Limited.

Chitera joined FDH Financial Holdings in 2007 and has over 15 years extensive professional experience in corporate finance, financial planning and analysis, strategic planning, banking, risk management, Capital allocation, debt structuring, treasury and tax planning

“Mr. Chitera has been a key member of Management in the Group and before joining the Group, he worked with Reserve Bank of Malawi for 3 years and has served on the Boards of Lilongwe Shopping Mall and Women’s Legal Resource Centre. Currently he serves on the Boards of First Discount House Limited, FDH Money Bureau Limited and MSB Properties Limited.”

“Mr. Chitera is a Fellow of the Association of Chartered Certified Accountants (FCCA), a member of the Institute of Charted Accountants in Malawi (ICAM) and holds a Master of Business Administration Degree from the Polytechnic, University of Malawi. He is a graduate of the Executive Development Program from the University of Stellenbosch Business School, South Africa.

“We congratulate Mr. William Mpinganjira and Mr. George Chitera on their well-deserved appointments and wish them well as they take up their new and challenging roles in FDH Group,” said Mkulichi in the statement.

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Wayaka Moto
Wayaka Moto
12 days ago

At 27 Condolezza rice had a PHD . Unlike some people others apply themselves. Low IQ. Low achievers would wander why someone at 36 has 2 Masters degrees. Vuto ndi kuwuma mutu kwa ma nyasa. Pepani kadandauleni kwina

Bandung Cincau
Bandung Cincau
14 days ago

So at 36 he already has two masters degrees plus a bachelors degree, and he has also worked some some years? When did he finish school? I guess when he was 14 years old. a malawi Kukonda kupungula Zaka! I thought it was only women who were into this habit of kupungula zaka but I was wrong. Ndaonera awawa awa

Tikambe
Tikambe
14 days ago
Reply to  Bandung Cincau

Masiku anotu ndi choncho sizakale zija zobwereza standard 8 ka 8 then ukamapita ku secondary uli ndi ndebvu kale. Pano ana pofika 18 akumakhala ali ku University kale.

Nkhombokombo
Nkhombokombo
13 days ago
Reply to  Bandung Cincau

This man is not cheating, he is indeed 36yrs old.

Gonthi
Gonthi
13 days ago
Reply to  Bandung Cincau

Nanu inu kuuma mutu kuzolowela kumaliza school muli 40. Achinyamata cannot progress chifukwa makakamila mpando mpakana zaka 95. Leave the guy alone – he is educated, has experience and he deserve that position.

Andrew Nkana
Andrew Nkana
14 days ago

Congratulations William.

Wayaka Moto
Wayaka Moto
14 days ago

Amene akumva kuyabwa mkati mwa mimba chifukwa cha nkhani iyi. Pitani nanu katseguleni banki yanu. Pangani ma bribes anu ndi ma international bankers mukatha siyirianji mfana wanu ngati bwani William Mpinganjira. Congratulations. People confuse morality with Intelligence. When the most intelligent people are the least moral.

Julius Chiwudzu
Julius Chiwudzu
14 days ago

Tough to think that board yeni yeni picked Widze. This is just bogus. And, Thom didn’t retire…hello! Akufufuzidwa! Please replace retire with another expression (e.g. malamulo amuyimitsa asakufuna chifukwa chaukambelembele).

To board ya FDH – Apatu yalakwa 🤓

Julius Chiwudzu Jnr
Julius Chiwudzu Jnr
13 days ago

Tazingofufuzani asin’ganga mwina nanu angakupangeni promote kkkkkkk

Khima
Khima
14 days ago

Bola iwe mzathu makolo ako kukusiila pabwino ena amangosiilidwa mankhwala okulisa zida zamkabudula

Sikelo Gonani
Sikelo Gonani
14 days ago
Reply to  Khima

Kkkkkk!

Ngombwax
Ngombwax
14 days ago

Junior is simply a front. Daddy is running the show. If I can easily see this, you bet financial institutions dealing with this bank can read this with eyes closed! One can put lipstick on a pig, but it’s still a pig. Fact is, it’s really bad optics and a PR nightmare to have an owner of a bank get arrested on corruption charges. I don’t know what got into his fuckin’ head to attempt to corrupt High Court judges, of all people. I can only surmise that he has been involved in all manner of high-level shenanigans for some… Read more »

Steve The Scribe (STC)
Steve The Scribe (STC)
14 days ago
Reply to  Ngombwax

I agree with you

Analyst
Analyst
14 days ago
Reply to  Ngombwax

Ngombwax, kayambitseni yanu. Olo ndi hawker imene simungakwanitse inu

Madd Maxx
Madd Maxx
14 days ago
Reply to  Analyst

Sangakwanitsedi coz he is not a crook like Mpinganjira.

BellaMbewe
BellaMbewe
13 days ago
Reply to  Madd Maxx

Crook ndi Iweyo

akwete upile
akwete upile
14 days ago
Reply to  Ngombwax

which is ok. it’s a family business.

BellaMbewe
BellaMbewe
13 days ago
Reply to  Ngombwax

Panadol akuperekedwa kwa ma cadet uja iwenso umwe nao, uchile, you are too bitter ndiye ndiwe osowa mtendere mochititsa chisoni

2025
2025
14 days ago

While government is employing old retired people private sector is employing young energetic people

Mafikizolo
Mafikizolo
14 days ago
Reply to  2025

Young, energetic people, my foot! This is a desperate strategy necessitated by circumstances.

Alamu Pumani Mwakalamba

Iwe Thom Mpinganjira ungapusitsidwe ndi APM and BJ to go an bribe judges? When people want change, they cannot be moved by money and even bullets. You will end up in jail just like Chanthunya. You companions will be nsikidzi and lice.

BellaMbewe
BellaMbewe
13 days ago

Ndiye pemphero lako?

KWENGWERE
KWENGWERE
14 days ago

Achinyamata apatsidwako mpata apa.

Mufalisi
Mufalisi
14 days ago
Reply to  KWENGWERE

sure

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