BUSINESS REPORTER
After a 20-year stint with Standard Bank group, Zimbabwean banker Charles Mudiwa is leaving Africa’s largest bank by assets at the end of the year.
His last post within the group was CE of Stanbic Bank Kenya and South Sudan, a position he is leaving after five years.
Mudiwa has served in various capacities within Standard Bank Group, Africa’s largest bank by assets, that has presence in 20 markets across Sub-Saharan Africa. His previous roles include Executive Director and Chief Executive in multiple markets including Zimbabwe, South Africa, Zambia and Malawi, the bank said in a statement.
The banker’s journey at Standard Bank Group began in 2002 when he joined Stanbic Bank Zimbabwe as Executive Director.
His next assignment was at Standard Bank South Africa, with notable milestones in the role including Mzansi, the first interbank financial inclusion product in South Africa which increased financial inclusion from 46% to 70%.
Mudiwa’s first CE role was at Standard Bank Malawi, where he turned around the business from number 3 to number 1. In his capacity as CE, Stanbic Bank Zambia, the banker grew the bank to the most profitable bank in 2015, and moved Stanbic to the top of the chart, from number 4.
He was posted to lead Stanbic bank Kenya in 2017 and has played a significant role in transforming the organisation.
Mudiwa said he was “humbled” to have served at Standard Bank Group over the last 20 years, playing a pivotal role as a change agent.
“I am confident that the group will continue to scale new heights, guided by its purposeful strategy to drive Africa’s growth while uplifting her people and ensure that all of the business activities deliver net-positive social, economic and environmental impacts for the economies and communities in which they operate,” he said.
