Mr. Hitesh Anadkat

Dr. Ronald Mangani

Non-Executive Director

Profile

Dr Ronald Mangani obtained degrees in Economics and related studies from the universities of Malawi, York, and Cape Town. He is currently Associate Professor of Economics at Chancellor College, University of Malawi. From August 2014 to February 2017, he served as Secretary to the Treasury of the Government of Malawi. Ronald is currently chairman of Old Mutual Malawi Limited. Previously, he served as an appointed director on the boards of the Reserve Bank of Malawi, the Malawi Stock Exchange, the Malawi Development Corporation, and the Malawi Institute of Management, among others. He also served on the Monetary Policy Committee of the Reserve Bank of Malawi.

Mr. Hitesh Anadkat

Mr. Willem Swart

Non-Executive Director

Profile

Mr Willem Swart holds a Honors Bachelor of Accounting Science degree (University of South Africa) and is a qualified Chartered Accounted (SA). He has 23 years of experience in the Telecommunication industry and worked as CEO in various African countries, which includes 5 years as the CEO of Telecom Networks Malawi Plc.

Mr. Hitesh Anadkat

Mr. Lekani Katandula

Non-Executive Director

Profile

Mr Lekani Katandula holds a Bachelor of Accountancy degree (Malawi Polytechnic). He is a qualified accountant holding the FCCA and CA(M) professional designations. He is also a qualified systems auditor (CISA) and a qualified investment manager (CFA). Lekani worked for Deloitte and was an assurance and advisory partner. Lekani serves as a non-executive director in a number of other sectors of the Malawi economy and chairs various committees. He is Board Chair of Phoenix International Primary School.

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Ms. Constance Musopole

Non - Executive Director

Profile

Ms. Constance Musopole graduated from the University of Malawi, The Polytechnic in 1996 with a Bachelor of Accountancy degree and is a Chartered Accountant with membership of ACCA and ICAM. She is currently the Chief Finance Officer of Lafarge Cement Malawi. Ms. Musopole has worked within Lafarge Holcim Group in various roles in Finance, Projects and Strategy in Zambia and Malawi since joining the Group in 1997.

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Mr. Mahendra Gursahani

Non-Executive Director

Profile

Mr. Mahendra Gursahani is a qualified Chartered Accountant and holds a Bachelor of Commerce degree from Bombay University. Previously he was the Chief Operating Officer (COO) of Noor Bank responsible for the Bank’s strategic direction, operations, IT, Finance, transformation and Customer Experience. Prior to Noor Bank, he was the Chief Executive Officer at Standard Chartered Bank Malaysia where he was responsible for the governance and management of the Bank’s franchise in the country. He also held a number of senior positions in Standard Chartered and has worked at leading international Financial and Accounting services firms including American Express Bank and Arthur Andersen.

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Mr. Thomas J Kadantot

Non-Executive Director

Profile

Mr Kadantot’s holds an MBA in Finance and Accounting, and a post-graduate Diploma in Business Administration. He also holds a Bachelor of Science degree in Physics, Mathematics and Statistics from Bombay University, and a CAIIB (1) from India Institute of Bankers. He has over 29 years’ work experience in various functions in banking.

Mr. Hitesh Anadkat

Mr. Bharat Jani

Non - Executive Director

Profile

Mr Jani holds both Bachelor and Master of Commerce degrees and diplomas in Financial Management, Banking, and Computerised Banking. He joined Prime Bank Ltd, Kenya in 2001 and is currently the Managing Director of Prime Bank Limited, Kenya. He has over 35 years’ banking experience, having previously worked for Reserve Bank of India, Union Bank of India and Trust Bank Limited in Kenya. He holds no other directorships in Malawi.

Mr. Hitesh Anadkat

Mr. Hitesh Anadkat

Chairman

Profile

Mr Anadkat holds an MBA from Cornell University and a BSc Economics (Hons) from the University of London. Before returning to Malawi to establish First Capital Bank (originally FMB Malawi), he worked in corporate finance in the USA specialising in mergers, acquisitions and valuations. He holds directorships in five commercial banks (part of FMBcapital Holdings Group) and in other sectors of the Malawi economy. Mr Anadkat is Vice- Chairman of Telekom Networks Ltd, a publicly listed mobile phone operating company.

Mr. Hitesh Anadkat

Mr. Edgar Kalanga

Head of Audit

Profile

Mr. Kalanga is a Fellow of the Association of Chartered Certified Accountants (FCCA), a Chartered Accountant (CA) and a Certified Information Systems Auditor (CISA). He holds an MBA from Edinburgh Business School, Heriot-Watt University (UK) and a Bachelor of Accountancy degree from The Polytechnic, University of Malawi. Prior to joining First Capital Bank Plc in January 2019, he worked for 10 years with Deloitte in Malawi, the Middle East, and the United Kingdom in various capacities from Audit Trainee to Engagement Manager in Audit and Assurance. He has experience in Banking, Micro-Finance, Insurance, Private Equity, and Investments and Funds management.

Mr. Hitesh Anadkat

Mr. Dave Mwenechanya

Head of Treasury

Profile

Mr. Mwenechanya holds a Bachelor of Administration Degree from the Malawi Polytechnic and an International Dealing Certificate. He started his banking career at NBM before undergoing a graduate training program. Before joining First Capital Bank, he worked in various Treasury related roles at NBM, Indebank and CDH Investment Bank spanning for a period of over 16 years.

Mr. Hitesh Anadkat

Mr. Tiya Nyirenda

Head of IT

Profile

Mr. Nyirenda holds a Bachelor of Business Administration and a Diploma in Electrical Engineering from University of Malawi, Polytechnic. He has a Cisco Certified Network Professional (CCNP), CEH and Microsoft Certified Professional certifications. He is an IT professional with over 20 years of experience in the ICT industry and banking sector and has managed and accomplished major IT projects within First Capital Bank Group in Malawi, Botswana, Zimbabwe, and Mauritius

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Mr. Rashid Bwanali

Head of Compliance

Profile

Mr. Rashid Bwanali holds a Bachelor of Social Science in Economics from University of Malawi. He worked as Assistant Manager Risk and Compliance for First Capital Bank Malawi for two years from December 2017 as well as Compliance Manager for First Capital Bank Zambia on secondment for three months from January to March 2020. Prior to that he worked as Head of Risk and Compliance for Leasing & Finance Company for five years from August 2012 to December 2017. He has over 8 years work experience in various capacities covering Risk Management, Compliance Management, Customer Service and Bank Operations.

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Mr. Mike McMullen

Head of Service Delivery

Profile

Mike Mcmullen previously worked for Standard Bank of South Africa Group. He was born and educated in Bulawayo, Zimbabwe. He has worked in the banking industry for the last 44 years in 6 different countries in Africa and the Middle East, where he held down senior roles in Finance, Operation, Project Management and Data Management.

Mr. Hitesh Anadkat

Mr. Prince Banda

Head of Risk

Profile

Holds a Degree in Social Science (Economics) and is a Certified Anti-Money Laundering Specialist (CAMS). He has 6 years working Experience in Risk Management and Compliance. Prior to joining First Capital Bank, he worked in risk management for Standard bank and Ecobank.

Mr. Hitesh Anadkat

Ms. Nargis Khan

Head of Human Resources

Profile

Ms Khan holds a Masters in Business Administration and a Human Resources Diploma. She has more than 19 years’ working experience in Strategic and Operational Human Resources Management, Training and Development as well as Health and Safety. Before joining First Capital Bank Nargis was at G4S Malawi where she was Human Resources Director and Company Secretary for eight years. Prior to that, she worked for Toyota Malawi Limited as National Human Resources Manager.

Mr. Hitesh Anadkat

Mr. Oswald C. Mtokale

Head of Legal

Profile

Mr. Oswald C. Mtokale holds a Bachelor of Laws (Honours) Degree obtained from the University of Malawi in 2007. He worked for private law firms, Salimu and Associates and, Banda Banda and Company. He also worked as a Legal Services Manager for NBS Bank and Indebank before joining First Capital Bank.

Mr. Hitesh Anadkat

Ms. Zeenat Jussab

Head of Credit

Profile

Ms Zeenat Jussab is a seasoned banker having worked in multiple roles during her  15 year career with the bank. She currently heads the credit department.

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Mr. Martin Knollys

Chief Commercial Officer

Profile

Martin is a seasoned banker with over 28 years of experience in leadership and senior management roles in banking. Before his appointment as Chief Commercial Officer at First Capital Bank Malawi, Martin served in various roles at Firstrand Banking Group. His previous roles were as Chief Executive Officer – FNB Lesotho (2015-2017) and International Business Development (2017-2020). Having worked in FNB South Africa, Botswana and Lesotho, Martin possesses the skills, business acumen and leadership experience required to propel First Capital Bank Malawi towards the achievement of its strategic goals. Martin is an achiever, having accumulated a vast number of awards in his line of work.

Mr. Hitesh Anadkat

Mr. Ewen Hiwa

Head of Digital Transformation and Ecosystems

Profile

Mr. Hiwa holds an MBA in Banking and Finance, an Executive MBA, and a Bachelor of Social Science (Economics). He is also a Chartered Banker with the Chartered Banker Institute (UK) and is a Certified Digital Finance Practitioner candidate. His work experience spans over 16 years predominantly in Consumer Banking, Branch Banking & Alternate Channels, Transactional Banking, Public Sector Business as well as Sales, Marketing and Product Development. He joined First Capital Bank in 2010 and in 2016 briefly joined FDH Bank. He rejoined First Capital Bank in 2017. He has also served as a Commissioner on the Board of the Public Private Partnership Commission for Malawi

Mr. Hitesh Anadkat

Ms. Agness Jazza

General Manager, Corporate Banking

Profile

Ms. Jazza is a highly experienced and qualified banker, having worked with the Bank for over 23 years with most of the years in management. She joined the Bank in 1997 and has grown within the bank, serving as Head of Credit and Head of Corporate, among other key roles. She is currently working as a General Manager responsible for Corporate & Institutional Banking. Ms. Jazza holds a Master of Business Administration degree from Management College of Southern Africa (Mancosa).

Mr. Hitesh Anadkat

Mr. Michael Kadumbo

Chief Finance Officer

Profile

Mr Kadumbo holds a Bachelor of Accountancy, FCCA and CPA (Malawi). He has more than 14 years’ working experience in accountancy and finance. Prior to joining First Capital Bank, he worked for ADMARC Investment Holding Company.

Mr. Hitesh Anadkat

Mr. Jaco Viljoen

Chief Executive Officer

Profile

Mr. Viljoen holds an MBA from Oxford Brooks University in the UK, as well as degrees from the Universities of Stellenbosch and the Orange Free State. His 26 years’ experience includes working in various African countries for The Standard Bank of South Africa and Barclays. Mr. Viljoen was previously CEO of First Capital Bank, Botswana, a position he had held since November 2013.