By Chisomo Phiri
One of the top financial institutions National Bank of Malawi (NBM) has announced the appointment of seasoned banker Harold Jiya as its new Chief Executive Officer (CEO) designate with effect from January 1, 2024.
In an internal communication which 247 Malawi News has in possession, the bank’s current CEO MacFussy Kawawa says Jiya, who was serving the bank as deputy CEO and Chief Commercial Officer (CCO), will become a substantive CEO after his retirement in June.
He says the appointment of Jiya has been made after a careful consideration and strategic planning.
Kawawa, who has been at the helm of NBM plc since 2017, says: “This appointment is a significant step in the bank’s succession planning process triggered by my planned departure as the current chief executive officer on retirement in June 2024.
“The CEO-designate will work hand in hand with me until I leave.”
In a related development, NBM plc has also appointed its Chief Finance Officer(CFO) Masauko Katsala as Chief Operations Officer (COO) with effect from July 1, 2024.
Jiya is an alumni of Insead Business School and Oxford University’s Advanced Leadership and Management Programme, and has a Master’s Degree in Business Administration from Exeter University in the UK.
He is an Associate of the Chartered Institute of Bankers(ACIB).
Jiya holds a Bachelor’s degree in Accountancy from The Polytechnic.