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Lance Mambondiani joins BancABC Zimbabwe

by Staff reporter
27 Jun 2019 at 08:58hrs | Views
The Board, Management and Staff of BancABC Zimbabwe welcome Dr. Mambondiani to the BancABC team.

Dr. Mambondiani has been appointed as Managing Director and CEO for BancABCZmbabwe with effect from 1 July 2019 following the retirement of the current Managing Director.

BancABC Board of Directors, Management and Staff would like to thank Joe Sibanda for his leadership and contribution over the years and wish him the very best as he retires.

Dr. Mambondiani's mandate, as he joins us at this critical time, is to lead BancABC into its next growth phase and reposition the Bank as a premier financial services provider in Zimbabwe. He is a renowned turnaround strategist and recognised internationally as a digital banking thought leader, with an established track record of innovating and delivering financial results in challenging environments.

Dr. Mambondiani is a seasoned banker, having worked as an executive for regional and international financial institutions over the years. He comes to us with a combination of skills in financial markets, investment banking, retail banking delivery channels, private wealth management, corporate finance, business law, development finance and economics.

Named in the 2017 African Report Magazine's Top List of Who's Who in African Finance, Dr. Mambondiani has won several leadership awards and is a much sought after speaker at international conferences as a global expert on Fintech, A member of the Deposit Protection Scheme digitization and transformation of banks.

He holds a Bachelor of Laws degree (LLBS. Hons) from the University of Zimbabwe, an MSc in Development Finance (First Class) at the University of Manchester and completed his PhD in Banking and Finance in 2011, analyzing Bank Ownership and Profitability in the Zimbabwean Banking Sector at the same University. He is also a recipient of the highly prestigious Chevening Scholarship by the British Council.

Prior to joining BancABC, Dr. Mambondiani was Chief Executive Officer at Steward Bank, a subsidiary of Econet Group and also had group responsibility for Digital banking.

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