Dr. Gondwe is an eminent and highly distinguished Zambian lawyer with a wealth of leadership experience of over 35years in the Banking and Financial Sector. He is a former Governor of the Bank of Zambia and former President and CEO of the Eastern and Southern African Trade and Development Bank, commonly known as the PTA Bank.
Mr. Vikramaditya Singh Khichi
Mr. Khichi was appointed as Non-Executive Director on Indo Zambia Bank Board of Directors in 2019. He has an illustrious 33 years in the Banking Sector serving in several capacities as Dena Bank in India before being appointed Executive Director at the Bank of Baroda where he currently serves. He has had a wealth of experience in Retail and Corporate Banking Operations, Debt Recovery, Merchant Banking, Marketing as well as Executive Leadership particularly in Strategy and Policy formulation. He holds a Bachelor’s Degree in Science, an M.B.A in Finance and Marketing and is a Certified Associate of the Indian Institute of Bankers. He also serves on the Boards of other companies in insurance and asset management in India.
Mr. Vijay Vasantrao Murar
Mr. Murar was appointed Non-Executive Director on the Bank's Board of Directors in 2019. He holds a Bachelor's Degree in Science and a Post Graduate Diploma in Taxation. He is a Certifed Associate of the Indian Institute of Bankers with over 36 years of International Banking Operations mainly specializing in Treasury. He serves other Board's in reputable companies and professional associations in India. He is currently General Manager in charge of Treasury and International Operations at the Central Bank of India.
Mrs. Pamela S. Musepa
Mrs. Pamela S. Musepa is a Corporate Services and Procurement professional with over 30years experience. She is currently the Chief Corporate Services Officer at the Industrial Development Corporation (IDC) as well as Non-Executive Director on the Boards of three (3) public sector entities. She is a holder of a Master’s Degree in Business Administration (MBA); Bachelor of Arts Degree (BA) and a Diploma in Purchasing and Supplies Management. Additionally, she is an Executive Member of the Institute of Directors (IoD) of Zambia.
Mr. Ngenda Nyambe
Mr. Nyambe has over 23 years of experience in Banking and Financial Markets. He has served as Country Treasurer at Barclays Bank PLC (now ABSA Bank, as Director Treasury and Investment Management at Zambia National Commercial Bank and was Executive Director Commercial Banking in charge of Southern Africa at Standard Chartered Bank Plc. Currently, he is an Independent Financial Services Consultant in addition to being Non-executive Director of some private, commercial and public sector Boards of Directors.
Mr. Kowdichar Shashidhar
Mr. Kowdichar Shashidhar was appointed as Managing Director in 2020 on secondment from the Central Bank of India where he had served for 31years, the majority of which have been in Senior Executive roles. He is a Holder of Masters in Commerce & Masters in Business Administration degrees with specialization in Banking & Finance and is a Certified Associate of the Indian Institute of Bankers (CAIIB).
Mr. Kowdichar Shashidhar
Mr Shashidhar was appointed as Managing Director in 2020 on secondment from the Central
Bank of India where he had served for 31 years in various Senior Executive roles. He is a
Holder of Masters in Commerce & Masters in Business Administration degrees with
specialization in Banking & Finance and is a Certified Associate of the Indian Institute of
Mr. Godwin C. Ngoma
Mr. Ngoma is a holder of Masters in Business Administration, Bachelors of Arts in Business
Administration a Diploma in Human Resources Management. His career spans over a period
of 29 years with extensive experience in banking with functional expertise in General
Banking, strategic management and corporate governance.
Mr. Chenjelani C. Banda
Assistant General Manager
Mr. Banda is a holder of a Master’s in Business Administration and an Associate Member of
the London Institute of Banking and Finance with DipFSM (ALIBF). He has served in the Bank
for 32 years with vast experience in General Banking and Administration of which over 17
years have been in senior management positions. Mr. Banda is also in Charge of corporate
Mr. Harikrishna Bommareddy
Chief Financial Officer
Mr. Bommareddy is a holder of Bachelor’s Degree in Commerce and is Certified Member of
Associate of Indian Institute of Banking (CAIIB). He is an associate Member of the Institute
of Chartered Accountants of India. He has 9 years’ work experience in Credit, Finance and
Accounting functions. Prior to him joining Indo Zambia Bank, he was Chief Manager – Credit
for Corporate and Institutional Credits with Bank of Baroda in India.
Ms. Pascalina C.Mwenso
Chief Manager – Compliance
Mrs. Mwenso is holder of a Bachelor of Arts Degree and an Advanced Diploma in
Management Accounting from Chartered Institute of Management Accounting (CIMA), UK.
She is a seasoned banker with over a period of 25 years’ experience out of which over 10
years has been in Senior Management Positions.
Mr. Christopher Wakung’uma
Chief Manager – Human Resources
Mr. Christopher Wakung’uma is a Holder of a Masters of Business Administration Degree, a
BA Degree Development Studies/ Development Economics, a Post Graduate Diploma in
Human Resources, a Diploma in Human Resources.
Mr. Wakung’uma has over 25 years working experience and has held several Senior
Management positions in other organizations. He is a member of the Zambia Institute of Human Resources and also a member of the
Chartered Institute of Arbitrators – UK.
Mr. Deepak Wahal
Chief Manager – Risk
Mr. Wahal holds Bachelor of Science in Biology Science & Masters of Art in Economics
Degrees, Diploma in International Banking & Finance and Certified Associate of the Indian
Institute of Banking (AIIB). He has over 28 years’ experience and has worked in various
Management positions in Credit, Branch Operations, etc. Prior to his secondment to Indo
Zambia Bank, he worked in various Management positions the last one being as Chief
Manager of Branch Scheme in Central Bank of India.
Mr. Jyoti Nath Sinha
Chief Manager – I.T.
Mr. Nath holds a Masters Degree in Computer Applications and a Bachelors Degree in
Computer Applications. Mr. Nath has over 13 years working experience within Bank of
Baroda. Prior to his secondment to Indo Zambia Bank, he worked as Senior Manager – IT at
Bank of Baroda.
Mr. Tara Kant Choudhary
Chief Manager – Credit
Mr. Choudhary holds a Masters Degree in Business Administration in Finance and Marketing,
a Bachelors Degree in information technology as well as several certificates in Banking and
He has over 10 years of experience in handling operations, credit monitoring and recovery in
different capacities both at the branches and administrative offices. He also had 2 years
experience in insurance industry prior to joining the banking sector.
Prior to his Secondment to Indo Zambia Bank, He worked as Chief Manager Credit Monitoring
and Recovery at Central Bank India, Regional office.
Mr. Yotam Mwale
Chief Manager – Forex and Treasury
Mr. Mwale holds a Master of Science Degree in Strategic Management, a Bachelor’s Degree in
Economics, holds an ACI Dealing Certificate and a Management Leadership Development
Mr. Mwale has over 19 years’ experience in Treasury Management, Foreign Exchange and
Money Markets, International Trade and Services, Investment and Corporate Banking.
Mr. Mwale previously held other Senior Management positions with other organizations.
Chief Manager – Operations
Mr. Kumar is holder of Bachelor of Art (BA Hon), a Certified Associate of the Indian Institute
of Bankers (CAIIB) and a holder of a Post Graduate Diploma in Financial Advising (PGDFA).
Mr. Kumar is a seasoned Banker with over 20 years banking experience with concentration in
Forex, Credit and operations.
Cuthbert K. Tembo
Chief Manager – Legal / Company Secretary
Mr. Tembo is a Legal Practitioner with 14 years post qualification experience, 11 of which
have been in the Banking and Financial Services sector. He holds an LLB Degree, LPQE, and
ACI. Arb and a Master of Science in Finance & Financial Law (Cand). He is an Advocate of the
Supreme Court of the Zambia.