The Bankers Association of Zambia (BAZ) was formally registered in 2008 to represent the interests of registered and licensed commercial banks operating in Zambia. Before the formal registration, the Association operated informally with the Chairing Bank in a particular year offering secretarial services and coordinating the activities of the members. The role of the Association has evolved overtime to include promoting efficiencies, innovations and industry growth and positioning members to continue supporting the private sector and Government economic development agendas enshrined in the National Development Plans and other policy documents. The Association aims at participating at the highest level of decision making in the country through the continued engagement with Government, regulators and other stakeholders.

To facilitate the transformation and growth of the banking sector and the Zambian economy.

Mission Statement

To represent the rights and interests of the banking sector and champion industry growth and development through Innovation, Thought Leadership, and Research.


Leadership: Thought leader, promoting industry and economic growth.

Innovation: Promote continuous innovation and shared digital payment channels in the industry.

Conduct: Promote ethical conduct and self-regulation in the industry.



Executive Committee

Lowani Chibesakunda


Mwindwa Siakalima

Deputy Chairperson

Maximo Mulenga


Kuldip Paliwal

Executive Committee Member
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