Stanbic Bank Zambia appoints new CEO


Stanbic Bank Zambia has announced the appointment of Leina Gabaraane as the bank’s new Chief Executive, taking over from Charles Mudiwa who has been assigned similar duties in Kenya.

Stanbic Bank Zambia board chairperson Dr Austin Mwape said Gabaraane, a Botswana national, brings with him vast leadership and corporate experience, having served as Chief Executive of Stanbic Bank Botswana over the past nine years. He joined Stanbic Bank Botswana in 2007 as Deputy Managing Director and was later promoted to Managing Director in 2008. Mr Gabaraane will take over effective 18 January 2018.

“We are extremely happy to welcome Mr Gabaraane, who has performed very well in Botswana over the years. Stanbic Bank Zambia has undergone a huge transformation over the past few years, growing from strength to strength to become one of the best banks in the country. Our vision in the medium term is to become one of the most profitable operations of the Standard Bank Group in Africa and we have no doubt that Mr Gabaraane will be equal to the task to steer the bank to greater heights. We look forward to working with Mr Gabaraane,” said Dr Mwape.

Gabaraane joined the Standard Bank Group in 2002 as Principal Business Development Officer (Projects) at Stanbic Investment Management Services (SIMS), a subsidiary of the Standard Bank Group, and excelled through the ranks to Executive Director at SIMS in 2004.

He started his career at Botswana Development Corporation in 1995, which he joined as Assistant Operations Officer responsible for business development, project evaluation and monitoring. Mr Gabaraane currently sits on the boards of Stanlib, Liberty Life and the University of Botswana Foundation.

He holds a Bachelor of Commerce degree from the University of Botswana and a Masters of Business Administration on International Banking and Finance from the University of Birmingham.


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Thabo Mphahlele is the BizNis Africa Head of Sales and Marketing. Mphahlele was previously MultiChoice Production Support Analyst responsible for developing and monitoring applications. In addition, Mphahlele develops and automates batch scripts and is responsible for the daily infrastructure maintenance at MultiChoice. As a Production Support Analyst, he is responsible for incident analysis solving , developing and constructing business reports for SQL and Oracle and implement change controls for the business. Additional responsibility includes monitoring system performance via SOA, Kibaba (Elasticsearch), H.P BSM, HP Sitescope. Mphahlele is responsible for creating infrastructure performance reports through HP Ops Analytics, monitoring payments via Splunk and in-house built-in tool and disaster recovery simulation and testing. At Nashua Mobile, he was responsible for application development and enhancing the web sites At South West Gauteng College, he was the IT Technician and Network Administrator. During his tenure at Double Digit Media, he was he focused on application and web site development for new and existing clients Mphahlele contributes as a Content Manager for BizNis Africa.

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