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Mumba Kalifungwa

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Mumba Kalifungwa
Born
Zambia
NationalityZambian
CitizenshipZambia
Occupation(s)Banker and Corporate Executive
Years activesince 1996
Known forProfessional competence
Title Chief Executive Officer of Stanbic Bank Uganda Limited

Kenneth Mumba Kalifungwa, is a Zambian accountant and corporate executive who is the chief executive officer of Stanbic Bank Uganda Limited since 1 March 2025.[1][2]

Before that, from 1 April 2020 until 28 February 2025, he was the CEO and managing director of Absa Bank Uganda Limited, another commercial bank in Uganda.[3]

Background and education

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He was born in Zambia. He attended local primary and secondary schools, before being admitted to university for his bachelor's degree. His second degree, a Master of Business Administration, was obtained from Heriot-Watt University Business School, in Edinburgh, Scotland, United Kingdom. Kalifungwa is also a Chartered Certified Accountant, recognised by the Association of Chartered Certified Accountants. In addition, he has taken courses in banking and management over the duration of his career.[3]

Career

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At the time he was appointed CEO of Absa Bank Uganda, Kalifungwa was the chief financial officer (CFO) at Absa Bank Botswana Limited, a position he served in since 2015.[3][4] Before that, he served as the CFO at then Barclays Bank of Zambia (now Absa Bank Zambia). His banking career goes back to 1995. He started out at Coopers and Lybrand which today is PricewaterhouseCoopers. Later, he joined the Zambia Revenue Authority, serving there as senior accountant. He then joined Absa Bank Zambia.[5]

On 1 April 2020, Kalifungwa replaced Nazim Mahmood, who held the CEO position at Absa Bank Uganda, in acting capacity since July 2019.[3] On 1 March 2025 he replaced Samuel Mwogeza at Stanbic Bank Uganda Limited, who was the acting chief executive since 1 April 2024.[6][7]

Professional associations and societies

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Mumba Kalifungwa is a fellow of the Chartered Institute of Management Accountants, the Association of Chartered Certified Accountants, the Botswana Institute of Chartered Accountants and the Zambia Institute of Chartered Accountants.[3][5][8] As of March 2020, he was a board member of the Chartered Institute of Management Accountants (CIMA) Africa Board. He previously served as chairman of the board audit committee of the Zambia Institute of Mass Communication.[5]

See also

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References

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  1. ^ Martin Luther Oketch (3 March 2025). "Mumba takes helm as Stanbic Bank CEO". Daily Monitor. Kampala, Uganda. Retrieved 4 March 2025.
  2. ^ Kenneth Kazibwe (9 December 2024). "Stanbic Bank appoints Mumba Kalifungwa new CEO". Nile Post Uganda. Kampala, Uganda. Retrieved 11 December 2024.
  3. ^ a b c d e Ashita Chopra (19 March 2020). "Absa appoints Mumba Kalifungwa new Absa Uganda MD". Daily Monitor. Kampala, Uganda. Retrieved 19 March 2020.
  4. ^ The Patriot on Sunday (13 June 2016). "Botswana: Barclays Managing Director in P2.5 Million Payout". The Patriot on Sunday. Gaborone, Botswana. Retrieved 19 March 2020.
  5. ^ a b c Absa Bank Botswana (January 2020). "Absa Bank Botswana: Country Management Committee: Mumba Kalifungwa, Finance Director". Absa Bank Botswana. Gaborone, Botswana. Retrieved 19 March 2020.
  6. ^ New Vision (25 March 2024). "Stanbic Bank Appoints Sam Mwogeza Interim CEO". New Vision. Kampala, Uganda. Retrieved 4 March 2025.
  7. ^ SoftPower (4 March 2025). "Mumba Kalifungwa Takes Over As Chief Executive At Stanbic Bank Uganda". SoftPower Uganda. Kampala, Uganda. Retrieved 4 March 2025.
  8. ^ The Eagle Online (19 March 2020). "Mumba Kalifungwa appointed Absa Bank Uganda Managing Director". The Eagle Online Uganda. Kampala, Uganda. Retrieved 19 March 2020.
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