info@maiic.mw
+265 (0) 111 776 172
Management team
Lloyd Banda
ACTING CHIEF EXECUTIVE OFFICERLloyd Banda currently serves as the Acting Chief Executive Officer of the Malawi Agricultural and Industrial Investment Corporation plc (MAIIC), a pivotal institution driving economic transformation through strategic investment in agriculture, and other key sectors of the economy. In addition to his responsibilities as Acting CEO, he concurrently holds the position of Chief Risk & Compliance Officer.
A seasoned Banking and Finance Professional, he brings to MAIIC a wealth of expertise accumulated over 20 years of progressive experience in the commercial banking and development finance sectors. His professional journey is distinguished by a strong focus on Credit Management, Risk Governance, and Strategic Financial Planning.
He holds an Executive Master of Business Administration (MBA) from the Eastern and Southern African Management Institute (ESAMI), a prestigious regional business school. He also earned a Bachelor of Science with Honours (BSc Hons.) in Financial Markets and Management from the University of Manchester in the United Kingdom. He is an Associate of the Chartered Institute of Bankers (ACIB), UK.
Throughout his career, Lloyd Banda has been at the forefront of initiatives aimed at strengthening institutional risk frameworks, enhancing financial inclusion, and facilitating sustainable economic growth. As Acting CEO of MAIIC, he continues to play a critical role in shaping the corporation’s investment strategy, fostering innovation, and supporting Malawi’s vision for inclusive and industrial-led development.
He serves as a Non-Executive Director on the Boards of MMC Laboratories Limited, a company involved in production of medicinal cannabis, and Good Hope Private Hospital.
Pius Mulekano
CHIEF PROJECTS DEVELOPMENT OFFICERPius Mulekano is the Chief Projects Development Officer for the Malawi Agricultural and Industrial Investment Corporation (MAIIC.) He is a Fellow of the Association of Chartered Certified Accountants (UK) and hold a bachelor’s degree in accounting obtained from The Polytechnic, University of Malawi. He also is a member of the Malawi Accountants Board and the Institute of Chartered Accountants of Malawi. He has 10 years’ working experience in Accounting and Auditing and skilled in Financial Modelling and Business Valuations. He has worked for Deloitte and Ernst & Young where he rose to the Position of Senior Manager.
Dr. Thomson Kumwenda
CHIEF FINANCIAL OFFICERDr. Kumwenda is a growth-oriented economist, finance specialist, and chartered accountant (CA) (Mw) with 17 years of practical experience in Development Banking, Commercial Banking, Retail Lending Solutions, Audit, Accounting, Teaching and Corporate Finance Transactions, ranging from mergers and acquisitions (M&As), initial public offerings (IPOs), the listing of bonds on the stock exchange, raising all types of debt instruments (both Tier 1 and II capital), the acquisition of selected balance sheet assets, and complex M&A due diligence.
Currently Dr. Kumwenda is working as a Chief Finance Officer for the Malawi Agricultural Industrial Investment Corporation (MAIIC), a Development Finance Institution (DFI), having also worked as a Chief Finance Officer for a Commercial Bank and various Retail Lending Institutions in Malawi at an executive level. He has also worked in external audit with KPMG and Peterholdsworth & Co.
Dr. Kumwenda also serves as a non-executive director on various boards in Malawi and sits on the Technical Committee of the Institute of Chartered Accountants in Malawi (ICAM).
He holds a Doctorate (Ph.D.) in Economics from the University of Malawi with focus on the Economics of Banking; he also holds a Masters Degree in Economics and a Bachelors Degree in Accountancy from the University of Malawi. He is a Chartered Certified Accountant with ACCA (UK) and a Chartered Accountant (CA) in Malawi.
Preston Matanda
Head of Legal Services and Company SecretaryPreston Matanda is the Head of Legal Services and Company Secretary at MAIIC. He is a skilled Legal Practitioner and a member of the Malawi Law Society, committed to maintaining high standards in legal and corporate governance.
He holds a Bachelor of Laws (Hons) from the University of Malawi, Chancellor College, and is currently pursuing a Master’s Degree in International Commercial Law from the University of Salford, Manchester, UK.
With over nine years of experience in private legal practice, Preston has worked as a Partner at Reginald Attorneys At Law and Whyte and Cross Lawyers. He also served as Senior Legal, Regulatory and Compliance Manager, and later as Director of Legal Services and Company Secretary at Power Market Limited.
Preston’s expertise covers Company Secretarial duties, Corporate Governance, Legal, Regulatory, and Compliance matters. He specializes in Civil and Criminal Litigation, particularly Commercial Litigation, and is proficient in Arbitration, Legal Drafting, Legal Review, and Conveyancing.
An enabler of development
MAIIC has a specific development focus. It is mandated to support commercially viable investments in the public and private sectors of the economy to consolidate and promote growth.
