Secretary to Treasury Dr. MacDonald Mafuta Mwale has been appointed as new deputy Governor for the Reserve Bank of Malawi (RBM).

Secretary to the Office of President and Cabinet Colleen Zamba has confirmed of the development in an interview with the press.

Mwale was serving in the ministry of Finance on secondment from the Reserve Bank of Malawi.

The appointment of Mwale is with immediate effect.

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