Management team

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Lloyd Banda

ACTING CHIEF EXECUTIVE OFFICER

Lloyd Banda is the Chief Risk & Compliance Officer for the Malawi Agricultural and Industrial Investment Corporation (MAIIC.) He holds an Executive Masters in Business Administration (MBA) degree from ESAMI, a BSc (Hons.) in Financial Markets & Management from University of Manchester, UK and is an Associate of the Chartered Institute of Bankers UK (ACIB). He has over 17 years’ working experience in banking having joined First Capital Bank (then FMB in 2002). He later worked for National Bank of Malawi and FDH Bank Limited where he rose to the Position of Senior Manager. His areas of expertise are in Credit, Risk and Compliance and Treasury.

Pius Mulekano

CHIEF PROJECTS DEVELOPMENT OFFICER

Pius 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.

Thomson Kumwenda

CHIEF FINANCIAL OFFICER

Thomson Kumwenda joined MAIIC on 1st June 2022 as the Chief Financial Officer. Prior to joining MAIIC, Thomson was the Chief Financial Officer for MyBucks Banking Corporation in Malawi, which is a combination of acquisition of Nedbank Malawi, New Finance Bank, Pride Malawi and GetBucks Malawi. Previously he worked as Chief Financial Officer for Getbucks Financial Services, Blue Financial Services and Greenwing Capital Limited. Thomson is a seasoned Chartered Accountant, Economist, and a public certified Accountant with over 15 years of working experience in finance, auditing, and administration. He holds a master’s degree in Economics from the University of Malawi, is a Chartered Accountant with an ACCA qualification and a Certified Public Accountant (CPA) in Malawi. Thomson also possesses a Bachelor of Accountancy Degree from the University of Malawi, and he is a member of the Institute of Chartered Accountants in Malawi, Malawi Accountants Board, and the Africa Econometric Society in South Africa. Over the past 14 years he has managed, Mergers and Acquisitions (M&A’s), Initial Public Offerings (IPO’s), Listing of Bonds on the Stock Exchange, Raising all type of debts instruments, both Tier II Capital, Senior and Subordinated debt instruments, Acquisition of selected balance sheet assets. He has managed key stakeholders in highly regulated financial services industry such as Central Banks, Stock Exchanges, Revenue Authorities and key account customers such as Mutual and Insurance Funds.

Preston Matanda

Head of Legal Services and Company Secretary

Preston 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.

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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.
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