Our Board Members

ALFRED J LUNGU

Mr Alfred J. Lungu

Board Chairman
Has been a partner with the law firm, Chilupe and Company, from inception and is an entrepreneur with working experience spanning over 40 years. He also has interests in construction and agro-based companies. He is a member of the Arbitration Foundation of South Africa and the Zambia Association of Arbitrators. He holds a Master’s Degree in Governance and Political Transformation from the University of Free State in South Africa and a Bachelor of Laws from the Zambia Open University
Mr Titus Waithakas

Mr Titus Waithaka

Managing Director
He has a strong 14 year background in Microfinance. He has worked for many reputable organisations including, Faulu Kenya and K-Rep Bank in Kenya. His banking experience covers credit, Risk management in SME, Operations, Social Performance management and senior leadership experience of over 10 years. He was the General Manager Operations in M-Finance before he was made the Managing Director. Titus holds a Bachelor of Science, a Masters in Strategic Management and is currently pursuing his PhD in Strategic Management with two publications on micro-finance.
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Zandile Shaba

Executive Director- Operations
Zandile Shaba recently joined as the Executive Director responsible for Operations. She has over 20 years of banking experience in both retail and investment banking. Her banking career has spanned 3 countries, namely Zimbabwe, Mozambique and Zambia where she served as Managing Director in the 3 countries. During her career she has worked in various departments such as International Trade Finance and Back Office operations, Corporate Banking and Investment Banking. She briefly retired from banking to focus on her family before taking up a position as an Executive Director at with Finance Bank Zambia PLC. She has sat on numerous Boards during her career and is currently on the Board of the Lusaka Stock Exchange. Zandile has a Bachelor of Science degree and an MBA and is currently pursuing her Doctorate in Business Administration
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Philip Hopkins

Non- Executive Director
Zandile Shaba recently joined as the Executive Director responsible for Operations. She has over 20 years of banking experience in both retail and investment banking. Her banking career has spanned 3 countries, namely Zimbabwe, Mozambique and Zambia where she served as Managing Director in the 3 countries. During her career she has worked in various departments such as International Trade Finance and Back Office operations, Corporate Banking and Investment Banking. She briefly retired from banking to focus on her family before taking up a position as an Executive Director at with Finance Bank Zambia PLC. She has sat on numerous Boards during her career and is currently on the Board of the Lusaka Stock Exchange. Zandile has a Bachelor of Science degree and an MBA and is currently pursuing her Doctorate in Business Administration
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Raj Seewoosagur Domun

Non-Executive Director
A Manager of Ciel Investment ltd an investment company based in Mauritius (Part of Ciel Group), he has over 26 years’ experience in investment management, finance, Telecommunication, energy, tourism, health care and property development. He has worked in senior positions in Mauritius Telcom and Southern telcom. A finance professional with proven ability to work in diversified environment and certified accountant (London,UK) with experience in preparing and analysing financial statements. Raj is a fellow of the association of Chartered certified Accountants ,FCCA and a member of the association of Chartered Accountants, ACCA.
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Muntanga Sikutwa Mutale

Non-Executive Director
Muntanga is the Chief Executive Officer of one of the leading construction companies (Chakaka Construction) which is constructing up-market tourism related infrastructure with values in excess of USD25 million. She is affiliated to the Association of Certified Chartered Accountants
NONNY MWANYUNGWI

Mr Nonny Mwanyungwi

Non-Executive Director
Nonny has vast entrepreneurial experience having operated businesses in various sectors of the economy such as auto spares, agro-processing and manufacturing, among others. He also has over 30 years working experience having been responsible for managing the Lusaka office and coordinating all.
Kafula Mwiche

Mr Kafula Mwiche

Company Secretary
He has practiced law for over 10 years. He previously practiced as an Associate in the firm of Sharpe & Howard Legal Practitioners and then took up the position of Legal Counsel with the Energy Regulatory Board before joining the LSA Group. He holds a Bachelor of Laws Degree (LLB) from the University of Zambia and Masters of Laws Degree (LLM, International Business Law) from the University of Manchester. He also holds a Bachelor of Arts Degree in Education (BA.Ed) obtained from the University of Zambia. He is an Associate member of the Chartered Institute of Arbitrators

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