Indo Zambia Bank

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Board of Directors
About Us
Mrs. O. Y. Moyo , Board Chairperson

Mrs. Orlean Y. Moyo

Mrs Orlean Y. Moyo took over as the Board Chairperson of Indo Zambia Bank in February, 2002. Mrs. Moyo has a Bachelor of Arts Degree from University of Zambia and is a Diploma holder in Banking from Manchestor Business School, U.K. Mrs. Moyo has over 40 years of rich experience in the Banking and Financial Industry. She is also a Fund Manager - National Housing Board, Chairperson - People Act Foundation and Director on Alexander Forbes, National Housing Bonds Trusts and other organisations.


Mr. Rajeev Rishi, Director

Mr R. Rishi is Chairman and Managing Director of Central Bank of India. Prior to assuming his position, Mr Rishi served as Executive Director of Indian Bank and as General Manager in Oriental Bank.

Mr Rishi holds a Bachelor of Arts and Bachelor of Laws Degrees. His banking career spans over 36 years with extensive exposure in Corporate Finance and Credit, Risk Management, Business Process Re-engineering, Technology Management, Information System Security and MIS.


Mr. Mayank K. Mehta, Director

Mr. Mayank K. Mehta has been appointed as Director of Indo-Zambia Bank on 30-03-2017. He is currently the Executive Director of Bank of Baroda.

Born on 12th September, 1958, Mr. Mehta holds a Bachelor’s degree in Science from South Gujarat University and is also a Certificated Associate of Indian Institute of Banking and Finance (CAIIB).

Mr. Mehta started his career in Union Bank of India in 1977 and rose to the position of General Manager in October 2012, and was Chief Financial Officer (CFO) at Union Bank of India. He has held wide range of responsibilities in various capacities before his elevation as General Manager of Union Bank of India. Mr. Mehta, an expert in International Banking, has also been instrumental in technological development of the Bank and successful implementation of Core Banking Solution of the Bank.

Mr. Mehta was a Director on the Board of Union KBC Asset Management Company Private Limited, a Subsidiary of Union Bank of India. He was also a Director on the Board of KITCO Limited (formerly Kerala Industrial and Technical Consultancy Organisation Ltd.) between years 2010-12.


Mr. Melwyn Rego, Director

Mr Melwyn Rego, is the Managing Director & Chief Executive Officer of Bank of India, He was holding the position of Deputy Managing Director, IDBI Bank Ltd since August 30, 2013. He is a career banker and has been with IDBI Bank Ltd since 1984 and held assignments in the areas of Corporate Banking, Rehabilitation Finance, Treasury, International & Domestic Resources, Infrastructure Corporate Group, Project Appraisal Department, Sourcing, Syndication and Advisory Department, Priority Sector and Retail Banking Group in various capacities. Mr Rego was also Managing Director & CEO of IDBI Home finance Ltd as from September 2003 to January 2008. Mr Rego is a keen sportsman and has a passion for music and dramatics


Mr. Deepak Malik, Director

Mr. Deepak Malik has been the Director of Indo Zambia Bank since August, 1999. He is a qualified Chartered Accountant with 30 years experience, covering Financial and General Management, Private Equity, Audit, Development Banking and Industry. Deepak Malik is also a Regional Director in Africa for Norfund, based in South Africa. He has over 30 years experience in Africa and is on the Board of Directors of various companies, including financial institutions and private equity funds.

Mr. Samuel Mukupa, Director

Mr. Samuel Mukupa, Director

Mr. Samuel Mukupa, a qualified Teacher/ Lecturer by profession was appointed as a Director on the Board of Indo Zambia Bank on 17th February 2012. He has served as a Member of Parliament from 1991-2000. During his tenure as a legislator he served as an Executive Member of the Commonwealth Parliamentary Association/Union from 1998 to 2000. In 1998 he was appointed Head of Parliamentary Delegation, Election Observer Mission to Germany. Mr Mukupa is also an illustrious businessman.


Mr. Mahesh M. Bansal, Managing Director

Mr. Mahesh M. Bansal took over as the Managing Director of Indo Zambia Bank on 09th June, 2016. Prior to this assignment, Mr. Bansal has held several distinguished positions including that as Deputy Zonal Head, Ahmedabad and Deputy General Manager of Bank of Baroda, India. Mr. Bansal is a graduate in Science with CAIIB, Bourse (Treasury operations) & Technical Analysis certified.

Mr. Bansal, in his career span of 31+ years, has good stint in branch banking having worked in very large and exceptionally large branches in India and overseas. He has extensive exposure in complete banking operations including P&L Management, Credit & Loan Administration, Customer Service, Credit Monitoring, Risk Management, Financial inclusion, IT functions, Operations & services, Audit & Inspection, Marketing, Planning & Budgeting, Treasury and Money Market functions.


Mr. Godwin C. Ngoma, Board Secretary & General Manager

Mr. Godwin C. Ngoma took over as the General Manager of Indo Zambia Bank in April, 2011. He holds a Masters in Business Administration (MBA) and Bachelor of Business Adminstration (BBA) Degrees and a Diploma in HRM. He had held several positions in the Bank's hierarchy in a career spanning over 21 years in the areas of General Banking, Administration and Services, Marketing and Public Relations.