One of the country’s commercial banks, NBS Bank has appointed Vera Yamikani Zulu as its new Chief Finance Officer (CFO).
Zulu once worked with Nedbank Malawi in the same capacity as as Chief Finance Officer.
In statement issued by the bank, Zulu has been described as a seasoned and qualified accountant with 18 years experience, 15 of which were in the banking industry.
“Mrs. Zulu brings to NBS Bank valuable experience and expertise which the bank believes will be key to its transformation,” reads the statement in part.
Zulu is a holder of Master of Business Administration Degree from the University of Derby (UK) and a Bachelor of Accountancy Degree from the University of Malawi.
She is also a fellow of the Association of chartered certified accountants (FCCA) and a certified public accountant (CPA) with the Institute of Chartered Accountants Malawi. She is also a member of the board of Malawi College of Accountancy in an individual capacity.
Zulu will take up a position which was once held by Mathias Silumbu who was arrested in September 2017 by Fiscal Police after being implicated in a K55 million fraud from his previous employer before joining NBS bank.