The Zambia Finance and Investment Conference


Dr Bwalya K. E. Ng’andu

Deputy Governor – Operations

Bank of Zambia

Dr Bwalya Ng’andu, the Bank of Zambia’s deputy governor (operations) and registrar of banks and financial institutions, has enjoyed a long career spanning over 30 years in banking, financial services, research and consulting in the private and public sectors and international organisations. Before joining the Bank, he served as a senior executive in various organisations, including as: managing director of the Development Bank of Zambia; managing director of the National Savings and Credit Bank; managing director of International Capital Corporation; director general of the Zambia Investment Centre; project manager with the United Nations Office for Project Services; associate director with Coopers and Lybrand Branch; and director of personnel with Barclays Bank Zambia Limited. As the deputy governor (operations), his responsibilities include: supervising monetary policy formulation and implementation; exchange rate management; overseeing the supervision of banks and non-bank financial institutions; financial market operations; the management of banking, currency and payments systems; and risk management. The operational departments that fall under his portfolio include economics, financial markets, bank supervision, non-bank financial institutions supervision, banking, currency and payment systems and risk management. Dr Ng’andu currently serves as board chairman of the Zambia Electronic Clearing House Limited and the Economic Policy Management Programme. He also chairs the Financial Sector Development Plan Implementation Committee and the National Payments Systems Committee and is a board member of the Zambia Consolidated Copper Mines-Investment Holdings Limited. Dr Ng’andu has vast boardroom experience and has served on the boards of numerous companies and organisations across many sectors of the economy including banking, insurance, power generation, pharmaceutical industry, financial services, investment and trade promotion, mining, education, information technology, hospitality industry and agriculture. He is a Rhodes scholar and holds a doctorate degree from Cranfield University, a master of science degree from the University of London and a bachelor of arts degree from the University of Zambia. He qualified as an associate of the Certified Institute of Bankers in 1992 and was elected a fellow of the Chartered Institute of Bankers in 1999 and the Zambia Institute of Banking and Financial Services in 2000.

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Wed 02 - Thu 03 Sep 2015

Taj Pamodzi Hotel, Lusaka