THE board of directors of Finance Bank Zambia Limited has voluntarily dissolved itself in order to facilitate for the restructuring process.
Finance Bank Zambia Limited board chairman Jacob Mwanza announced this in a statement released in Lusaka yesterday.
Dr Mwanza said the decision was made during a meeting held yesterday.
“Following the restructuring of the shareholding in Finance Bank Zambia Limited, the constitution of the board of directors of Finance Bank Zambia Limited will consequently change to suit the new shareholding,” he said.
Dr Mwanza thanked the retiring board in their individual capacities and collectively for the valued contributions made in developing the bank.
He observed that Finance Bank is one of the fastest growing banks in Zambia and this is also owing to the leadership provided by the retiring board of directors.
Dr Mwanza hoped that the retiring directors will make themselves available to the shareholders if called upon to render further service to the bank.
[Zambia Daily Mail]
There must be a lot more to this story.Bane tu pandeni koni amano pali issue iyi.
best wishes finance bank. this bank can not go down…it can only go up!:- ) Sir Mwanza, good interim:-)
finance bank has stood the test of time and it is one of the most trusted Zambian bank.i believe and trust that this transition shall flow smoothly and won’t affect the business of the bank and the financial sector at large.(~~)**==*-:)
There’s no need to be afraid of the Police in the Compound if you’re a clean Citizens. Only the wicked will hide from President Micheal Sata’s Patroitic Leadership.The wrongs in this institution will be cleaned or corrected by providing honest answers to the Zambians.
FTJ corrupted Finance Bank and U truned just fix his rivals when it has always this same bank which used to donated to MMD.