In September 2020, FDH Financial Holdings announced the appointment of William Mpinganjira as Group CEO. The announcement came following the retirement of the esteemed financial expert and business leader Dr Thomson Mpinganjira.
Approved by the Reserve Bank of Malawi (RBM), the appointment will see 36-year-old William Mpinganjira leading FDH Financial Holdings, a group of companies that comprises five subsidiaries, namely FDH Money Bureau, FDH Bank, FDH Advisory Services, First Discount House, and MSB Properties Limited.
Noel Mkulichi, FDH Financial Holdings’ Board Chairman, described William Mpinganjira as an experienced banker, with over eleven years’ experience of banking and finance, who had gained international exposure working in London. Prior to his appointment at FDH Financial Holdings, William Mpinganjira worked as FDH Bank’s Deputy Managing Director. Discover more about corporate roles held by William Mpinganjira by viewing the attached video.
William Mpinganjira studied at the London South Bank University, where he gained a bachelor’s degree in Finance and Accounting, and attended Grenoble Graduate School of Business in France, where he gained a master’s degree in International Business. Mr Mpinganjira also attended Bangor Business School, gaining a master’s degree in Banking and Finance.
William Mpinganjira is a member of the Institute of Chartered Accountants of Malawi, a Chartered Banker with the Chartered Banker Institute, and a Fellow of the Association of Certified Chartered Accountants. He completed an Executive Development Programme at South Africa’s University of Stellenbosch Graduate Business School. In addition, William Mpinganjira is an alumnus of the London Business School and Harvard Business School, having successfully completed leadership programmes at both prestigious learning institutions.
RBM also endorsed the appointment of George Chitera, former acting CEO of FDH Financial Holdings, as FDH Bank’s new Deputy Managing Director. Learn more about FDH Bank’s innovative digital banking solutions by viewing the attached infographic.
George Chitera has more than 15 years of professional experience in financial analysis and planning, corporate finance, banking, strategic planning, debt structuring, capital allocation, and tax and treasury planning. After joining FDH Financial Holdings in 2007, Mr Chitera became a member of the Group’s management team. Prior to joining FDH Financial Holdings, he worked for RBM for three years, as well as serving on the boards of the Women’s Legal Resource Centre and Lilongwe Shopping Mall. Mr Chitera also serves on the boards of FDH Money Bureau, First Discount House, and MSB Properties Limited.
FDH Bank’s Corporate Social Responsibility Strategy
FDH Bank operates a strident corporate social responsibility policy focusing on enabling the sectors of education and health to promote socio-economic growth in Malawi. This homegrown financial institution has invested in numerous domestic causes, including funding scholarships at MUST and UNIMA, funding refurbishment of the Queen Elizabeth Hospital Cancer High Dependency Unit and financing ongoing support, and supporting flood relief efforts. Learn more about corporate social responsibility by viewing the attached PDF.
In 2016, FDH Bank gave a house worth MK14 million to Dowa domestic abuse survivor Marieta Samuel. Ms Samuel had lost her hands in an attack by her estranged husband some 10 years previously, and despite prolific media attention and promises of help from numerous organisations at the time, no tangible assistance materialised. Ms Samuel described FDH Bank’s gift as “a dream come true.” Orchestrated by FDH Bank founder Dr Thomson Mpinganjira, the gift not only provided Marieta Samuel and her family with a secure home, but also enabled her to start her own business venture, helping her on the road to self-sufficiency and improving the family’s prospects in the long-term.
As one of Malawi’s most prominent business figures, Dr Mpinganjira recognises the need to give back to society, operating effective corporate social responsibility policies through all of his businesses.