Who is Charles M. Mudiwa? Flash Uganda Media looks at his biography, age, wife, family, tribe, achievements, and relationship with Agribank, Stanbic Bank Zimbabwe, Stanbic Bank Kenya, Dfcu Bank, Rotary Club of Nairobi Samawati, Bankers Association of Zambia, Liberty Insurance Company (Zambia Ltd), the early life and education of the current Managing Director and Chief Executive Officer of the Development Finance Company of Uganda Bank Limited (Dfcu) Bank
Charles M. Mudiwa is a Zimbabwean economist, financial and business leader, certified executive coach and business development professional.
Charles Mudiwa is the current Managing Director and Chief Executive Officer of the Development Finance Company of Uganda Bank Limited (DfCU) Bank.
Early Life and Education
He was born in Zimbabwe where he grew up from. Mudiwa is also a married man and a father.
Charles Mudiwa earned an Honours Degree in Economics from the University of Zimbabwe.
He has a Post Graduate Diploma in Leadership and Change Management from Leeds Beckett University, which he earned between 2012 and 2013.
In 2020, Charles completed an Advanced Management Programme and Digital Transformation and Enterprise Leadership Certificate at Columbia Business School (USA).
In addition, he has a Banking Certificate from the Zimbabwe Institute of Bankers and a Practitioner’ Diploma in Executive Coaching from the Academy of Executive Coaching (UK).
Career and Professional Work Experience
Charles Mudiwa has almost three decades of expertise in the financial and banking sectors in several African regions.
From March 1993 to March 2002, he was the Executive Director of Agribank Zimbabwe in Harare.
From January 2002 to December 2003, he was the Executive Director of Stanbic Bank Zimbabwe in Harare. He was successful in converting the bank from a niche player to a mass retail bank.
From January 2004 to December 2007, he served as a Director at Standard Bank South Africa in Johannesburg. He successfully established Mzansi, South Africa’s first interbank financial inclusion product, which expanded financial inclusion from 46% to 70%.
From December 2007 to August 2013, he was the Chief Executive of Standard Bank Malawi, and during his tenure, he moved the bank from third to first place.
As the Chief Executive Officer of Stanbic Bank Zambia from September 2013 to December 2017, Charles also led the bank from fourth to first place, making it the most profitable bank in the country.
From January 2018 to December 2022, he served as the Chief Executive Officer of Stanbic Bank Kenya. He raised the bank’s ranking from number nine to number seven. He also spearheaded the bank’s transformation drive, promoting digitization and the development of new capabilities.
He was appointed as the new Managing Director and Chief Executive Officer of Dfcu Bank and began in that capacity on April 11, 2023.
He took over from Mathias Katamba, who left the bank in January 2023 after a two-year tenure for personal reasons. Before Charles Mudiwa was hired, William Ssekabembe was acting as dfcu’s Executive Director.
Achievements and Awards
Mudiwa is a visionary leader who has successfully led financial organisations in numerous African economies.
He has expertise in Business Planning, Financial Risk Management, Risk Management, Corporate Finance, and Strategic Planning.
He has a solid reputation as a leader and coach who inspires the execution of products and services that economically empower customers and promote financial inclusion.
Reputation Poll International named him one of the Top 50 Reputable Bank CEOs in Africa in 2021.
In 2022, Africa Leadership Magazine also bestowed upon him the Special African Banking Leadership Excellence Award.
The Nation newspaper named Charles Mudiwa one of the top 60 men in Kenya to advocate for gender equality at all levels of the corporate and governmental sectors.
Other Contributions
Charles M. Mudiwa is a Rotarian who has served as Past President of the Rotary Club of Lusaka as well as the Rotary Club of Nairobi Muthaiga North’s Director of Fundraising and Foundation.
He was also a patron of the Rotary Club of Nairobi Samawati, which was a corporate chapter of Stanbic Bank Kenya.
He is also a member of the South African Institute of Bankers and a trustee of Nairobi’s Ridgeways Baptist Church.
Mudiwa is a strong advocate for gender equality and diversity. He is deeply committed to ensuring that all employees have equal access to opportunities.
Notable in this regard were the launches of Standard Bank’s women’s banking proposals, Anakazi in Zambia and DADA (Dare to Aspire, Dare to Achieve) in Kenya.
Mudiwa is a former Chairman of the Bankers Association of Zambia and the founder of Liberty Insurance Company (Zambia Ltd).
He has also held positions on the boards of Stanbic Bank Zambia and Kenya, Standard Bank Malawi Ltd, Standard Bank Insurance Brokers of South Africa, Edu-loan Limited South Africa, and Agribank Zimbabwe.
Editor’s Note: Please contact flashugnews@gmail.com if you find any of the content to be inaccurate or outdated.
