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Appointment of Chief Executive Officer/Managing Director

Mr_Thoko_Mkavea

The Board of Directors of CDH Investment Bank is pleased to announce the appointment of Mr Thoko Mkavea as the new Chief Executive Officer and Managing Director of CDH Investment Bank. His appointment is effective from 1st January 2024.

Thoko succeeds Mr Kwame Ahadzi who joined the Bank in February 2022 as the Chief Executive Officer/Managing Director and retired on 31 December 2023. The Board of Directors of CDH Investment Bank expresses its appreciation to Mr Ahadzi for his inspirational leadership in growing the human and financial capital of the bank. As Mr Ahadzi returns home to Ghana, the Board wishes him and his family good health and happiness in his well-deserved retirement.

Thoko brings a wealth of experience in banking, corporate finance and advisory, fund management and investment banking having spent over 24 years in various senior leadership roles. Thoko joined the CDH Group in 2007 as the Fund and Investments Manager. In 2012 when the Discount House was transformed into an Investment Bank, Thoko was appointed as the Chief Investment Bank Officer until October 2020 when he was appointed as Deputy CEO and Executive Director overseeing our investment banking activities, treasury, business development and operations of the bank.

Mr Mkavea is a Fellow of the Chartered Institute of Management Accountants (FCMA) and a Chartered Global Management Accountant (CGMA). He also holds a Master of Business Administration degree from the University of Derby (UK) and a Bachelor of Accountancy Degree from the University of Malawi.

The Board of Directors of CDH Investment Bank wishes Mr Mkavea success and we look forward to a seamless transition and a prosperous future under his guidance.

Daniel Mwangwela, Company Secretary
CDH Investment Bank
By order of the Board

Blantyre, 19th January 2024.

Appointment of Deputy Chief Executive Officer/Executive Director

 DCEO_Ms_Beatrix_Mosiwa

The Board of Directors of CDH Investment Bank is pleased to announce the appointment of Ms Beatrix Mosiwa as the new Deputy Chief Executive Officer and Executive Director of CDH Investment Bank. Her appointment is effective from 1st January 2024.

Beatrix succeeds Mr Thoko Mkavea who has been appointed as Chief Executive Officer/Managing Director. Prior to her appointment, she served as Executive Director - Finance & Operations, responsible for the bank’s Finance, Operations, ICT and Credit functions of the bank since May 2022.

Beatrix has over 24 years of experience in audit, finance, strategic management, enterprise-wide risk management in assurance, telecommunications, manufacturing, and financial services industries. She joined CDH Investment Bank Limited as Chief Finance Officer in 2013, a position that she occupied until Oct 2021 when she was promoted to be the Executive Director.

Beatrix is a Fellow of the Association of Chartered Certified Accountants (FCCA). She also holds a Master of Business Administration degree (MBA) from the University of Ulster (Northern Ireland).

The Board of Directors of CDH Investment Bank wishes Beatrix the greatest success in her new role as Deputy Chief Executive Officer and Executive Director of the Bank.

Daniel Mwangwela,
Company Secretary
CDH Investment Bank
By order of the Board Blantyre,

19th January 2024.

CDH Investment Bank invest K5million in Kamuzu University of Health Sciences (KUHeS) research dissemination conference

 

Mr Jamal Kamoto CDHIB Chief Business Development Officer hands over funds to Prof Macpherson Malewa
Mr Jamal Kamoto CDHIB Chief Business Development Officer hands over funds to Prof Macpherson Malewa

CDH Investment Bank has donated K5 million to the Kamuzu University of Health Sciences (KUHeS) for the 2nd research dissemination conference slated for 30th  November to 1st December 2023 at KUHeS Blantyre Campus in Blantyre. The theme of the conference is “tackling the #MW2063 health research priorities: through a multidisciplinary approach”.

Presenting the cheque in Blantyre, Mr Jamal Kamoto, CDH Investment Bank, Chief Business Development Officer, said CDH Investment Bank decided to support the conference as a partner, as the bank appreciates the role KUHeS plays in pioneering health research that helps support education and health sectors and provide national growth.

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CDH Investment Bank injects K5m to Darts Association of Malawi National Finals Tournament

Mr Sungani Mkandawire hands over funds to Preston Mastanda Darts Association of Malawi Secretary General
Mr Sungani Mkandawire hands over funds to Preston Mastanda Darts Association of Malawi Secretary General

CDH Investment Bank (CDHIB) has donated K5m to Darts Association of Malawi (DAM) for the 2023 DAM national finals tournament.

Speaking on the sidelines of the presentation, CDH Investment Banks, Chief Credit Officer, Mr Sungani Mkandawire, shared that the bank was pleased to support the association in hosting the national league to help the sporting discipline to growth and development in Malawi. 

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CDHIB supports LUANAR's needy students at the 2023 student innovator awards

 

CDH Investment Bank Relationship Manager (Corporate and Public Sector) Mrs Jennie Madinga (2nd right), and CDH Investment Bank Lilongwe Banking Centre Manager Mr Molius Mangaawuma (far right) hands over funds to LUANAR officials (1-3 left)
CDH Investment Bank Relationship Manager (Corporate and Public Sector) Mrs Jennie Madinga (2nd right), and CDH Investment Bank Lilongwe Banking Centre Manager Mr Molius Mangaawuma (far right) hands over funds to LUANAR officials (1-3 left)

CDH Investment Bank (CDHIB) donated K10, 559, 047.14 to Lilongwe University of Agriculture and Natural Resources (LUANAR) on Thursday 14th December 2023. The funds will be used to support talented needy students with scholarships and will be presented at the 2023 student innovator awards student innovator awards, by awarding five first year students with money amounting to K1.7million each.

The support is the banks’ fulfillment of the third commitment, under the Memorandum of Understanding (MOU) the bank signed with LUANAR earlier this year, worth USD$57, 901.65 (K60million) that will support three strategic initiatives at LUANAR namely, the annual tree-planting, inaugural agri-innovation challenge and provision of scholarships to talented needy students. These funds will be used.

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