National Bank of Malawi

Ticker code NBM Industry Money Center Banks NBM Towers
7 Henderson Street
P.O. Box 945
Blantyre, Malawi
ISIN MW000A1C5ME4 Sector Financial
Initial Listing 21 August 2000 Financial Year End 31 December
Website Results Released Half-yearly


The National Bank of Malawi group is engaged in the business of commercial banking and stockbroking. Subsidiaries of the National Bank of Malawi include NBM Capital Markets Limited, and investment and funds management company, NBM Securities Limited (dormant), National Bank of Malawi Nominees Limited, Stockbrokers Malawi Limited, and NBM Bureau de Change Limited.


First Floor
INDEbank House
Kaohsiung Road
P.O. Box 187
Blantyre, Malawi


Zunzo Mitoli
NBM Towers
7 Henderson Street
P.O. Box 945
Blantyre, Malawi



Name Position
Dr Mathews A P Chikaonda Chairman
George B Partridge Chief Executive
Zunzo Mitole Company Secretary and Legal Counsel
Elias J Kambalame Director
Macfussy M Kawawa Director
Maureen Kachingwe Director
Donald J Kambalametore Director
Elizabeth Mafeni Director
Damien Kafoteka Director
George B Partridge Director
Rosemary Mkandawire Director
Chris A Kapanga Director
Pius P Mulipa Director
Charles Dulira Head, Human Resources
Harold Jiya Head, Wholesale Banking
Charles S Ulaya Head, Risk
Eluphy Salamba Head, Credit Management
Oswin Kasunda Head, Personal and Business Banking
Daniel Jere Head, Internal Audit
Austin N D Musyani Head, Customer Service
Macfussy M Kawawa General Manager & Chief Financial Officer
Harry Mukaka Head, Treasury and Investment Institutions
Brian Boby Head, Business Process Management
Wilkins G Mijiga Head, Strategy, Marketing and Corporate Affairs
John Mitchell Head, Information Technology
William Kaunda Head, Cards and e-Banking
Tayemu H Masikini Head, Administration

Shareholding structure as at 31 December 2014
Name of shareholder % Shareholding
Press Corporation Limited 51.50
Old Mutual Group 24.90
Members of the public 21.80
ESOP 1.80
Total issued 100.00