FNB Zambia appoints Kapumpe Chola as first female and second Zambian CEO

Mr. Bydon Longwe who has been leading the FNB Zambia since July 2020, is taking on a new role at FirstRand Group in South Africa.

By Derrick Sinjela

First National Bank (FNB) Zambia Limited has appointed Ms. Kapumpe Chola as its first female Chief Executive Officer (CEO) from Thursday 1st February, 2024.

Ms. Kapumpe becomes the first female and second Zambian CEO of
FNB Zambia, taking over from Mr. Bydon Longwe.

FNB Zambia is a division of First Rand Group, an award-winning entity that has continued to sustain franchise growth, whilst solidifying it’s position as a leading provider of innovative lifestyle, business and corporate banking solutions in the Zambian market.

Ms. Kapumpe expressed gratitude on the wide support received, particularly from the customers who continue to supporting FNB Zambia.

“I would like to thank the Board and management of FNB Zambia for entrusting me to lead a thriving organisation that has remained passionate in serving the country over the last 14 years. My pledge is to continue driving excellence in providing value to individuals and businesses across different sectors, supporting our employees, the communities we operate in and our stakeholders, in addition to complementing efforts aimed at diversifying and growing our economy,” Ms. Kapumpe said in a Press Statement circulated by FNB Zambia Brand and Communications Manager Ms. Karen Gombo Adams.

Ms. Kapumpe has over 26 years of banking experience both within and outside the Zambian market and is poised to take FNB Zambia’s performance to greater heights.

First National Bank (FNB) Zambia Ltd is a wholly-owned subsidiary of FirstRand Group South Africa and started operating in Zambia on Wednesday 1st April 2009.

The FirstRand Group has a presence in nine African countries outside South Africa, offering full banking services through FNB and Rand Merchant Bank (RMB).

FNB Zambia Limited is authorized and regulated by the Bank of Zambia and is an active member of the Bankers Association of Zambia.

The team services retail customers, small to medium enterprises, and local and multinational corporate clients and offers a comprehensive suite of Corporate and Investment Banking products and services.

The Bank has a network of 23 branches, approximately 140 ATMs and ADTs, more than 3,500 Point of Sale devices, and over 1,900 CashPlus agencies.

First National Bank (FNB) Zambia Limited appointed Ms. Kapumpe Chola as its first female Chief Executive Officer (CEO on Thursday, 1st February, 2024

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