Congratulations Phillip Madinga on his appointment as the new CEO of Standard Bank, a deserved promotion it is.
Phillip Madinga is an outstanding Banker by Professional who has recently swim his career from bank to the other.
Phillip Madinga, was appointed Chief Executive Officer (CEO) for Standard Bank-Malawi in July 2020, following an approval by the Reserve Bank of Malawi in December 2020.
A Chancellor College Economics graduate, Madinga also holds a Bachelor of Business Administration (honours) in Business Management and Administration from South Africa’s Stellenbosch University and a Master of Business Administration in Business Management and Adminstration from the same university.
Madinga has held senior positions in different institutions. From 2002 to 2005, he was Head of Corporate Banking for Ecobank, previously known as Loita Investment Bank. In 2005, he was appointed Head of Corporate and Investment Banking for Standard Bank, a position he held until 2008 when he was promoted to Director for Corporate and Investment Banking until 2013. In 2013, Madinga left Standard Bank to join FDH Bank as it’s Managing Director.
In 2016, he left FDH Bank and joined First Capital Bank, then known as First Merchant Bank, as its Group General Manager responsible for Corporate and Commercial Banking. A year later, in 2017, Madinga left First Capital Bank to Join NBS Bank as Chief Commercial Officer.
Madinga will take over from William Le Roux, a South African.