The Bankers Association of Zambia – Annual General Meeting

The Bankers Association of Zambia (BAZ) held its Annual General Meeting (AGM) on 17th February 2026, bringing together member banks and key stakeholders to review the sector’s progress and set priorities for the year ahead. A key outcome of the meeting was the election of a new Executive Committee to guide the Association’s work in 2026. The team comprises experienced leaders from across the banking sector, committed to advancing industry growth and supporting national development.

The newly elected office bearers are:

• Chairperson: Mr Mwindwa Siakalima – Chief Executive Officer, Stanbic Bank Zambia
• Deputy Chairperson: Ms Kapumpe Chola – Chief Executive Officer, First National Bank Zambia
• Treasurer: Dr Kudip Paliwal (PhD) – Chief Executive Officer, First Alliance Bank
• Executive Member: Mr Ngenda Nyambe – Chief Executive Officer, Zambia Industrial Commercial Bank

As the new Committee takes office, it does so at a time when the banking sector continues to play a critical role in driving financial inclusion, economic growth, and innovation. The team is expected to strengthen collaboration within the industry, support financial literacy initiatives, and contribute to building a more resilient and inclusive financial system.

With a clear mandate and renewed focus, the Association is well-positioned to build on its achievements and deliver meaningful impact in 2026.

The 2026 Financial Literacy Week campaign was held in Eastern Province with a series of impactful pre-launch and launch activities held in Chipata and surrounding districts, marking a significant milestone in the national rollout of financial education initiatives. The NSFE All Ages Working Group, as part of its continued efforts to extend financial literacy beyond Lusaka and into underserved communities, selected Eastern Province as the official host province for this year’s Financial Literacy Week pre-launch activities and launch. This strategic choice reflected a deliberate commitment to deepen financial inclusion and ensure equitable access to financial education across the country.

The activities brought together a wide range of financial institutions, including representatives from the banking, insurance, pensions, and capital markets sectors, who actively participated in raising awareness among the people of Chipata. Through community outreach sessions, media engagements, and interactive financial education activities, stakeholders worked collaboratively to promote responsible financial behaviours, savings culture, and access to financial services. The collective presence of these institutions underscored the importance of cross-sector collaboration in advancing financial literacy and empowering citizens to make informed financial decisions.

The newly elected office bearers are: