National Bank of Malawi (NBM) plc board of directors has appointed seasoned banker Harold Jiya as chief executive officer (CEO) designate with effect from January 1 2024.

In an internal communication which Nation Online has seen, outgoing CEO MacFussy Kawawa said 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 said 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, said: “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 Masauko Katsala as COO with effect from July 1 2024.

Source:NPL

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