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Management Team
The organisational structure of Cavmont Bank has been instituted to be more focused on the core activities of the bank. The current management structure has been designed to achieve the bank's ambitions of being the best in the market and provide leadership in the financial sector. Currently, Cavmont Bank Limited organisational structure is as follows:
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Mr Johan Minnaar
Managing Director
Johan brings considerable banking experience gained over three decades in Bank Windhoek in Namibia and ABSA in South Africa, amongst others. He holds a B.com degree from the University of South Africa (UNISA) and an MBA degree from University of Stellenbosch (2000). |
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Mr Philip C Chibuta
Director - Retail Banking
Philip holds an MBA from Edith Cowan University in Western Australia. He is also an Associate Member of the Australian Institute of Management. He has 24 years of banking experience with Barclays Bank of Zambia and worked in various capacities in Zambia, Botswana, Swaziland, Kenya and the United Kingdom before retiring as a Senior Business Manager in 1998.
He sat on the Task Force appointed in the winding up of Zambia Consolidated Copper Mines. He worked with St. Johns Medical Centre Clinic as General Manager for two years and joined Cavmont Bank in January 2004. |
Mr Mudenda Siyamujaye
Treasurer
Mr Siyamujaye is the head of Treasury and has been with the bank for 3 years. He is an affiliate of the Association of Chartered Certified Accountants (ACCA) and a member of the Financial Markets Association of Zambia. |
Mr Obed Kapesa
Head - Operations Support
Mr Kapese is a chartered Accountant who worked for Coopers & Lybrand for 5 years in both the Audit and Taxation Department.
He has 17 years working experience in the banking industry, having worked for Zambia National Commercial Bank for 9 years. |
Mr Martin Chasha
Head - Human Resource
Martin Chasha is an Economist by education with a first degree from the University of Zambia and Masters degree in Business Administration (MBA) from the Copperbelt University. He also has a certificate in Human Resource Management from SABMiller Training Institute. Martin has also attended various training and development programmes in Zambia and South Africa. He is a full member of the Zambia Institute of Human Resource Management (ZIHRM) and the Economics Association of Zambia (EAZ). Martin has over five years experience in Human Resources Management in the private sector working for a multinational corporation SABMiller Zambia. |
Mr Louis Kabula
Chief Financial Officer (CFO)
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Ms Helen B Temba
Head - Business Development & Customer Relationship Management
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Mrs Mutinta M Chikopela
Manager - Marketing & Corporate Communication Services
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Mr Trojan Nyirenda
TBA
Mr Nyirenda has over 7 years experience in the banking industry, all in the Cavmont Group. He is a holder of BAcc and a member of the Association of Chartered Certified Accountants.
He has been instrumental in the merger of New Capital Bank Plc and Cavmont Merchant Bank Limited. |
Mr Brian Kalunga
Manager, Information Technology
Mr Kalunga is a Member of the Computer Society of Zambia and holds a BSc in Computer Science with Mathematics. He has 16 years of computer systems operations experience, having worked for ICL Zambia Ltd as Software Support Engineer, before joining AIS Zambia Ltd as Professional Services Manager, Software Manager and later as Training Manager. He joined Celtel Zambia Ltd (now Zain Zambia) in 1997 as Information Technology Manager. Brian left Celtel Zambia Ltd in May 2005 and joined Cavmont Bank Zambia Ltd in December 2005 as IT Manager, a position he holds to date. |
Mr Bwanga Kapumpa
International Banking Sevices Manager
Mr Kapumpa is Manager responsible for International Banking Services. A career banker for twenty years and previously worked for Citibank and has been with the Cavmont Group for the last ten years. Has undergone business and banking training in Europe and Africa. |
Mrs Mutale Chilangwa Chisela
Chief Operating Officer (COO)
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vivian groenewald
Head - Credit
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Board of Directors | Overview
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| :: Today's
Exchange Rates |
| Currency |
We Buy |
We Sell |
| US Dollar ($) |
4,800 |
5,000 |
| UK Pound (£) |
7,448 |
7,759 |
| SA Rand (R) |
660 |
687 |
| Euro (€) |
6,164 |
6,421 |
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|
 |
| Days |
Low |
High |
Average |
| 91 |
4.99% |
5.65% |
5.44% |
| 182 |
6.99% |
8.00% |
7.75% |
| 273 |
8.30% |
8.30% |
8.11% |
| 364 |
7.90% |
8.50% |
8.17% |
Date: 18 August, 2010 No: 33/2010
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 |
| Period |
Weighted Average |
| 2 Years |
10.21% |
| 3 Years |
11.95% |
| 5 Years |
11.00% |
| 7 Years |
14.72% |
| 10 Years |
15.69% |
| 15 Years |
16.23% |
Date: 18 August, 2010 No: 07/2010
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