By Chisomo Phiri
Malawi’s veteran insurer Chris Kapanga is now Standard Bank Chairperson following his appointment by the bank’s Board of Directors on Thursday
According to the board, Kapanga,takes over from Ngeyi Ruth Kanyongolo who has retired as director for the Malawi Stock Exchange listed bank.
Kapanga who is now 63 years old holds a Master’s Degree in Business Administration (MBA) from the University of Cape Town (UCT).
He has previously served on the boards of Marsh Insurance Brokers Malawi and Blantyre Sports Club as Chairperson and as Non-Executive Director on the boards of Press Corporation, National Bank of Malawi, Pride Malawi, Old Mutual Infrastructure Fund and Mwaiwathu Private Hospital.
The veteran insurer is also a Member of the National Planning Commission (NPC) Core Advisory Panel and the Malawi Council of Legal Education.
However,his appointment for the position is with immediate effect.