Malawi Stock Exchange listed NBS Bank plc has a new boss having elevated its deputy chief, Temwani Simwaka to the top seat as the new chief executive officer effective April 1 this year.
Simwaka has taken over the reigns from her former boss, Kwenele Ngwenya.
In a press statement signed by company secretary Marsha Machika, NBS Bank says Simwaka brings over 25 years of ‘strategic executive leadership in the financial industry’.
“She has been key in the bank’s transformation journey, serving with distinction as deputy chief executive officer.
“Notably, she led the successful migration of the bank’s core banking system, one of the most significant upgrades in recent years,” reads the statement from the bank.
Simwaka is a certified public accountant and a Fellow of the Association of Chartered Certified Accountants.
She also holds a bachelor of commerce (Accountancy) degree and a diploma in business studies from Malawi University of Business and Applied Sciences formerly The Polytechnic.
“She has been key in the bank’s transformation journey.”
NBS Bank Statement
