Margaret Mwanakatwe | |
---|---|
Minister of Finance | |
In office 14 February 2018 –14 July 2019 | |
President | Edgar Lungu |
Preceded by | Felix Mutati |
Succeeded by | Bwalya Ng'andu |
Minister of Commerce,Trade and Industry | |
In office 2 February 2015 –14 February 2018 | |
President | Edgar Lungu |
Preceded by | Robert Sichinga |
Succeeded by | Christopher Yaluma |
Managing Director of United Bank for Africa [1] | |
In office March 2009 –May 2011 | |
Preceded by | Post established |
Succeeded by | Frans Ojielu |
Managing Director of Barclays Bank of Ghana PLC | |
In office 2004–2009 | |
Preceded by | Kobina Quansah |
Succeeded by | Ernest Debrah |
Managing Director of Barclays Bank of Zambia | |
In office 2001–2008 | |
Preceded by | Ian Knapman |
Personal details | |
Born | Northern Rhodesia | 1 November 1961
Nationality | Zambian |
Spouse | Mupanga Mwanakatwe [2] |
Education | Association of Chartered Certified Accountants (Chartered Certified Accountant) |
Alma mater | University of Zambia (Bachelor of Business Administration) |
Profession | Senior bank executive |
Known for | Business,management |
Margaret Mhango Mwanakatwe is a Zambian politician who was the Minister of Finance from 14 February 2018 to 14 July 2019. She worked previously as a businesswoman,accountant,and bank executive. She was the director for business development in Anglophone Africa at the United Bank for Africa at the bank's headquarters in Lagos,Nigeria. In this role,she supervised business development in Cameroon,the Democratic Republic of the Congo,Ghana,Kenya,Liberia,Mozambique,Tanzania,Uganda,and Zambia. [1] Before that,she served as the managing director and chief executive officer of the United Bank for Africa Uganda Limited from March 2009 until May 2011. [1]
Mwanakatwe is a business executive and banker,with a professional career spanning over twenty years. She has been a banking chief executive in her native Zambia,Ghana,and Uganda and a senior executive at the United Bank for Africa (UBA) in Nigeria. [3]
She was born in Northern Rhodesia on 1 November 1961. [4] She holds a Bachelor of Business Administration degree. She is also a Chartered Certified Accountant,recognized by the Association of Chartered Certified Accountants of London. [4]
Following education both in Zambia and abroad,she took up employment at Barclays Bank of Zambia (now Absa Bank Zambia Plc). She rose to the position of managing director. She was the first Zambian and first female chief executive at Barclays Bank of Zambia. She was also the first woman CEO in all of Barclays Bank's African subsidiaries at the time. [5] In 2004,she was appointed managing director and CEO at Barclays Bank of Ghana,serving in that capacity until 2009. [5] [6]
In 2009,she left Barclays Bank and joined the UBA as managing director and chief executive at UBA Bank Uganda. [7] During the same timeframe,she served as the regional business director for southern Africa for UBA. [8] In 2011,she left UBA Uganda and transferred to the headquarters of UBA in Lagos,Nigeria as the director for business development in Anglophone Africa. [1]
On 2 February 2015,Mwanakatwe was nominated Member of Parliament and appointed Minister of Commerce by Zambia President Edgar Lungu. [3] She was elected as Member of Parliament for Lusaka Central Constituency,which was previously held by Guy Scott. [4]
On 4 February 2018,in a cabinet reshuffle,she was appointed Minister of Finance. [9] With the Zambian economy struggling a number of key projects have stalled,Mwanakatwe's extensive experience in banking provides her with relatively reasonable experience to add value to the Ministry of Finance,restore investor confidence and to create new economic partners. In her role as Minister of Finance,Mwanakatwe tasked her department to work effectively in order to ensure that the ministry satisfies the expectations of the electorate. [10]
In a meeting held on 20 February 2018,the minister requested that her team formulate a plan to offset domestic arrears in a systemic manner. Additionally,in this meeting she directed officials to formulate a sustainable plan to pay salaries to public service workers on time and commended the team for its commitment to improving domestic resource mobilisation. [11]
She was relieved of her duties as Finance Minister by President Lungu on 14 July 2019. [12]
Margaret Mwanakatwe is married to Mupanga Mwanakatwe,who serves as the managing director of Zamtel,the state-owned telecommunications company. [2]
Hakainde Hichilema is a Zambian businessman,farmer,and politician who is the seventh and current president of Zambia since 24 August 2021. After having contested five previous elections in 2006,2008,2011,2015 and 2016,he won the 2021 presidential election with 59.02% of the vote. He has led the United Party for National Development since 2006 following the death of the party founder Anderson Mazoka.
The Copperbelt University is a public university in Kitwe,Zambia. It is the second largest public university in Zambia. The language of instruction at the university is English.
United Bank for Africa Plc (UBA) is a multinational pan-African financial services group headquartered in Lagos Island,Lagos and known as Africa’s Global Bank. It has subsidiaries in 20 African countries and offices in London,Paris and New York. In December 2021,UBA received its banking license to commence operations in the UAE. It is listed as commercial bank by the Central Bank of Nigeria. The shares of stock of the group are listed on the Nigerian Stock Exchange,where they trade under the symbol:UBA. The Group Chairman of the bank is Tony Elumelu and the GMD/CEO is Oliver Alawuba.
Access Bank Group is a financial services conglomerate,headquartered in Nigeria,with subsidiaries in Angola,the Democratic Republic of the Congo,Ghana,Ivory Coast,Kenya,Nigeria,Rwanda,The Gambia,Guinea,Cameroon,Sierra Leone,Mozambique,Botswana,South Africa,Tanzania,Uganda,Zambia,France and the United Kingdom. The group also maintains representative offices in China,India,Lebanon and United Arab Emirates.
Mizinga Melu is a Zambian businesswoman,accountant,and bank executive. She is the current chief executive officer of Absa Bank Zambia Plc,effective February 2017,based in Lusaka.
Catherine Namugala a Zambian politician. She was the First Deputy Speaker of the Zambian Parliament until 2021. She was nominated to that position by President Edgar Lungu,on 18 September 2016. She is the former Minister of Tourism,Environment and Natural Resources in the Zambian Cabinet. She also served as a Member of Parliament (MP),representing Mafinga in the Zambian Parliament from 2001 until 2016.
Edgar Chagwa Lungu is a Zambian politician who served as the sixth president of Zambia from 26 January 2015 to 24 August 2021. Under President Michael Sata,Lungu served as Minister of Justice and Minister of Defence. Following Sata's death in October 2014,Lungu was adopted as the candidate of the Patriotic Front in a Convention of the Patriotic Front in Kabwe,for the January 2015 presidential by-election,which was to determine who would serve out the remainder of Sata's term. In the election,he narrowly defeated opposition candidate Hakainde Hichilema and took office on 25 January 2015.
Joy Kabatsi,also Joy Kabatsi Kafura,is a Ugandan lawyer,farmer and politician. As of January 2020,she was the State Minister of Transport in the Cabinet of Uganda,effective December 2019. She belongs to National Resistance Movement political party.
Nnamdi John Okonkwo is the immediate past Chief Executive Officer/ Managing Director of Fidelity Bank Nigeria,a position he was appointed to January 2,2014,from his former role as the executive director of South Directorate at Fidelity Bank Nigeria. He also was the Executive Director of Commercial and Consumer Banking South Directorate. Before joining the bank,he occupied the chief operating officer position in the United Bank for Africa subsidiary in Ghana.
Charlotte Harland Scott is a British-born Zambian economic and social development specialist who served as the First Lady of Zambia from October 2014 to January 2015 during the tenure of her husband,interim President Guy Scott. She had previously served as the Chief of Social Policy and Economic Analysis,Planning Monitoring and Evaluation for UNICEF Zambia from 2007 until 2012. In 2016,Scott contested the Lusaka Central seat in the National Assembly during the general election.
Morgan Adokwei Brown is a lawyer and a Ghanaian diplomat. He was Ghana's Ambassador to Belgium from 2012 to 2016 and Ghana's High Commissioner to Zambia from 2016 to 2017.
Absa Bank Ghana Limited (ABGL),formerly known as Barclays Bank of Ghana Limited,is a commercial bank in Ghana,licensed by the Bank of Ghana,the country's central bank and national banking regulator. ABGL is a subsidiary of Absa Group Limited,a financial services conglomerate,headquartered in South Africa,with subsidiaries in 12 African countries and with assets in excess of US$87 billion as of 30 June 2017. Absa Group's shares trade on the Johannesburg Stock Exchange under the symbol ABG.
United Bank for Africa Zambia Limited,also UBA Zambia,is a commercial bank in Zambia. It is licensed by the Bank of Zambia,the central bank and national banking regulator.
Chioma A. Mang,is a Nigerian lawyer and corporate executive,who served as the chief executive officer and managing director of United Bank for Africa Uganda Limited from December 2020 until October 2024. Prior to then,she was the managing director and CEO of United Bank for Africa's subsidiary in Gabon.
Abena Osei-Poku,,is a Ghanaian corporate executive who is the Managing Director of Ecobank Ghana and Regional Executive for the Anglophone West Africa (AWA) Region of the Ecobank Group. She was the former managing director and chief executive officer of Absa Bank Ghana,where she served as the managing Director for five years since September 2018 to December 2023. Before that,she worked at Absa in South Africa,where she was responsible for Corporate &Investment Banking in East and West Africa at the level of Managing Director.
Saviour Chibiya,is a Zambian economist and corporate executive,who is the group executive for regional operations at Absa Group Limited,effective November 2021. In this position,he is a member of the group executive committee. He reports directly to the group CEO of Absa Group. He is based at the group headquarters,in Johannesburg,South Africa.
Oliver Alawuba is a Nigerian banker and corporate business leader. He is Group Managing Director and CEO of United Bank for Africa,one of Africa's leading financial services group.