CDH Investment Bank (CDHIB) has appointed Thoko Mkavea as the new Chief Executive Officer and Managing Director effective from January 1, 2024.
He replaces Kwame Ahadzi who has since retired after two years at the helm.
The bank has also appointed Beatrix Mosiwa as Deputy Chief Executive Officer and Managing Director.
Speaking to MIJ Online, Mkavea said his leadership highly bank on the human resources that the bank has.
He says he will be championing various innovations so as to scale down economic turmoil affecting businesses world over.
“My vision is to take the bank forward as I strongly believe in the team that I have. We shall always strive to give our customers the beast investment experience, ” said Mkavea.
One of the bank’s directors, Kofi Sekyere, said the bank’s vision remains unwavering, to be “the leading specialist bank in Malawi,”.
CDHIB was founded in 1998 as Continental Discount House Limited (CDH), which has operated in the financial sector since August that year. In May 2011, CDH was granted a banking license by the Reserve Bank of Malawi.
