CDH Bank unveils its new chief executive officer and managing director


By Steven Godfrey Mkweteza……

One of the country’s leading investments banks, CDH Bank has on friday announced the appointment of Thoko Mkavea as a new chief executive officer(CEO) and managing director for the bank effective from january 1, 2024.

Speaking to the members of the media in Blantyre, director of the board for the bank, Kofi Sekyere said Mkavea has succeeded Kwame Ahadzi who has retired from the post after two years of dedicated and inspirational leadership.

Additionally, Sekyere disclosed that the bank has also appointed Beatrix Mosiwa as deputy chief executive officer and executive director for the financial institution.

According to Sekyere, the board of directors for the bank were confident that the bank would continue to strive and reach new heights from the rich experience and skills that the two appointees have.

“As an investment bank, we are committed to more growth and enriched banking innovations that support businesses and a promise of exceptional service to all stakeholders remains steadfast. Therefore, these two appointees are better positioned on this,” he said

In a separate interview, Thoko Mkavea expressed delight for the position.

Mkavea said his experience in the banking sector through traversing various roles from managing funds as a fund manager would continue to make the bank achieve it’s vision.

“I know the world economy is not at a better position looking at various shocks so far. But this will surely make us to be innovative enough to succeed and go beyond investment banking,” he said, adding that he joined the bank in the year 2007.

Continental Discount House Bank ( CDH) Bank started it’s operations in 2012.

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