Wednesday, 20 October 2010
BARCLAYS BANK ZAMBIA APPOINTS SAVIOUR CHIBIYA AS NEW MANAGING DIRECTOR
Barclays today announced the appointment of Saviour Chibiya as the new Managing Director of Barclays Bank Zambia plc (BBZ).
The announcement was made jointly by Barclays Bank Zambia Plc Chairman Mr Jacob Sikazwe and Barclays Southern Africa Region Managing Director Mr Bret Packard.
Mr Chibiya will assume his responsibilities on December 15, 2010. Until then, Mr Packard will continue to act as Managing Director for Zambia, in addition to his role as Managing Director for the Southern Africa Region covering Zambia, Botswana and Zimbabwe.
Commenting on the appointment, Mr Sikazwe and Mr Packard stated: “With more than 17 years experience with Citi and as a highly respected banker in the market and the wider community, Saviour brings to Barclays his admirable track record and extensive experience in the country’s banking industry.”
Until this appointment, Mr Chibiya was the Managing Director of Citibank Zambia Limited, a position he held since October, 2006. His previous appointments include Vice President & Corporate Bank Head for Citibank Zambia Ltd and Country Representative, Citibank Ghana. In Ghana, he was Citigroup’s principal officer and business representative in the country with overall responsibility for all Customer, Regulatory, Legal and Government relations and oversight of all Business Development, Risk and Control functions.
Mr Chibiya is a trained Economist and has extensive banking product and industry knowledge through training in Citibank Training Centres around the world in areas such as Corporate, Trade and asset based Finance, Derivatives & Hedging, Foreign Exchange, Cash Management and Electronic Banking. His experience in these products cuts across a wide customer base in diverse sectors including mining, energy, manufacturing, telecommunication, agriculture, trading, public and financial sectors.
Mr Chibiya is currently the Chairman of the Bankers Association of Zambia and is also a member of the country’s Financial Sector Development Plan Steering Committee and the National Payment Systems Committee. He is also a non-executive Director of Zambia Electronic Clearing House Ltd and also serves on the board of Junior Achievement Zambia, a non-profit organization focusing on economic education and developing entrepreneur skills in youths.