National Bank of Malawi plc has appointed corporate governance expert Jimmy Lipunga as the company’s new board chairperson.
He replaces George Partridge, former chief executive officer of Press Corporation Limited, who has since retired from the board.
Speaking after his confirmation on Thursday, Lipunga said he aspires to help the bank grow despite the challenging operating environment worsened by uncertainities in the evolutions of Covid-19 pandemic and its containment measures, climate change and the war in Ukraine.
Meanwhile, National Bank of Malawi has made a 52 percent jump in profit after tax of K34. 21 billion, from K22.45 billion registered the previous year.
