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FDH Bank appoints Charity Mseka as board

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 FDH Bank plc has appointed Charity Mseka as its new board chairperson replacing Arthur Oginga, who recently left the bank.

In a statement signed by FDH Bank plc company secretary Juliano Kanyongolo, the Malawi Stock Exchange (MSE)-listed bank said Mseka has extensive experience in banking and finance.

Reads the statement in part: “She has previously served as director of banking, director of accounting and finance and chief accountant at the Reserve Bank of Malawi and as a non-executive director at National Integrated Technologies Limited and Export Development Fund Limited.

chairperson Chairing FDH Bank plc board: Mseka

“With over 35 years experience as a regulator, Mseka brings to the board experience in institutional leadership banking services, finance and risk management, among others.”

Mseka holds a master of science degree in strategic business management from Manchester Metropolitan University in the United Kingdom.

She is also a member of Charted Institute of Management Accountants and holds a diploma in business studies from University of Malawi’s The Polytechnic.

FDH Bank plc listed on the MSE in August this year with 1.38 billion shares in issue offered at K10 per share.

During the half-year period ended June 30 2020, the bank’s profit was K3.22 billion, slightly down from K3.55 billion achieved during the same period last year.

FDH Bank plc was incorporated in May 2007 and was re-registered as a company in June 2020.

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