By Chisomo Phiri
One of the country’s top financial institutions NBS Bank plc has announced the appointment of Temwani Simwaka as its new Chief Executive Officer(CEO ) effective April 1,2025.
Simwaka takes over the mantle from Kwenele Ngwenya.
In a press statement signed by the company’s secretary Marsha Machika, the Malawi Stock Exchange-listed bank says Simwaka brings over 25 years of strategic executive leadership in the financial industry.
Reads the statement in part:“She has been key in the bank’s transformation journey, serving with distinction as deputy chief executive officer.
“Notably, she led the successful migration of the bank’s core banking system, one of the most significant upgrades in recent years.”
Simwaka is a certified public accountant and a Fellow of the Association of Chartered Certified Accountants.
She holds a Bachelor of Commerce (Accountancy) Degree and a Diploma in Business Studies from Malawi University of Business and Applied Sciences(MUBAS ) formerly The Polytechnic.
