Malawi: FDH board pledges support to new CEO

FDH Board Chairperson, Noe l Mkulichi, said this at a farewell dinner for the founder that FDH bank organised for its customers.

Malawi: FDH board pledges support to new CEO

FDH Financial Holdings Board of Directors has pledged support to the group’s newly appointed Chief Executive Officer, William Mpinganjira, who has taken over the conglomerates leadership from his farther, Thomson.

Mkulichi said from the experience they have had with the new CEO, the bank is in safe hands.

“He is a great man and he is somebody who has done wonders to the group in terms of bringing it where it is as a leading digital bank in Malawi,” Mkulichi said.

Thomson added that he has confidence in his son William, following the mentorship and professional training, has had which makes him fit for the position.

“He was in London for nine years and he has several degrees now and I can tell you that exposure plus the business schools have helped him a lot as he has led innovations you see today in the bank so when I say I have left the bank in safe hands, I mean exactly that,” Thomson said.

William pledged to take from where his father has left and continue to grow the business.

“We are in the financial service sector and there is a lot to do. We will enhance our reach in rural areas with more financial inclusion initiatives but also explore business in the SADC region moving forward,” William said.