Religion Christian Known for Business, Management Profession Senior Bank Executive | Nationality Zambian Role Businesswoman Preceded by Robert Sichinga Name Margaret Mwanakatwe | |
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Alma mater University of Zambia (BBA) Similar People Inonge Wina, Edgar Lungu, Betty Kaunda, Sylvia Masebo, Mizinga Melu | ||
Margaret Mhango Mwanakatwe is the Zambian Minister of Commerce, Trade and Industry. She worked previously as a businesswoman, accountant, and bank executive. She was the director for business development in Anglophone Africa at the United Bank for Africa at the bank's headquarters in Lagos, Nigeria. In this role, she supervised business development in Cameroon, the Democratic Republic of the Congo, Ghana, Kenya, Liberia, Mozambique, Tanzania, Uganda, and Zambia. Before that, she served as the managing director and chief executive officer of the United Bank for Africa Uganda Limited from March 2009 until May 2011.
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Overview
Mwanakatwe is a business executive and banker, with a professional career spanning over twenty years. She has been a banking chief executive in her native Zambia, Ghana, and Uganda and a senior executive at the United Bank for Africa (UBA) in Nigeria.
Background and education
She was born in Zambia on 10 April 1968. She holds a Bachelor of Business Administration degree. She is also a Chartered Certified Accountant, recognized by the Association of Chartered Certified Accountants of London.
Career
Following education both in Zambia and abroad, she took up employment at Barclays Bank of Zambia. She rose to the position of managing director. She was the first Zambian and first female chief executive at Barclays Bank of Zambia. She was also the first woman CEO in all of Barclays Bank's African subsidiaries at the time. In 2004, she was appointed managing director and CEO at Barclays Bank of Ghana, serving in that capacity until 2009.
In 2009, she left Barclays Bank and joined the UBA as managing director and chief executive at United Bank for Africa Uganda Limited (UBA Uganda). During the same timeframe, she served as the regional business director for southern Africa for UBA. In 2011, she left UBA Uganda and transferred to the headquarters of UBA in Lagos, Nigeria as the director for business development in Anglophone Africa.
Politics
On 2 February 2015, Mwanakatwe was nominated member of Parliament and appointed Minister of Commerce by Zambia President Edgar Lungu.
Other responsibilities
Margaret Mwanakatwe is married to Mupanga Mwanakatwe, who serves as the managing director of Zamtel, the state-owned telecommunications company.