The business mogul Thom Mpinganjira who was the Group Chief Executive Officer for the FDH Financial Holdings Limited has retired after 21 years of service.
A 36 years old man William Mpinganjira has been appointed as a new Chief Executive Officer taking over from his father (Thom Mpinganjira) and George Chitera as a Deputy Managing Director for the FDH Financial Holdings.
Meanwhile the Reserve Bank of Malawi has approved the appointment.
In his words, the retired Mpinganjira waves a good in his words “following the listing of FDH Bank Plc, the flagship of FDH financial holdings Limited, I consider my work done here and it is time to move on.”
Our reporters Confirms that Mr Mpinganjira is set to manage other family businesses.
This comes barely months after he was complicated in a bribery case of judges who were hearing the Presidential Elections case of 2019 tripartite Elections which is still in courts, months ago