NBS Bank plc yesterday unveiled a transformative leadership development initiative as part of its broader strategy to build internal capacity, foster innovation and position the bank for regional expansion.
The Malawi Stock Exchange-listed bank has partnered Stellenbosch University Business School of South Africa to deliver executive training to equip its managers with strategic and forward-thinking leadership skills.
Speaking in an interview on the sidelines of the launch in Blantyre, NBS Bank plc chief executive officer Temwani Simwaka said while the bank has made significant strides in its turnaround journey, more work remains in preparing its people for the future.
“In transforming the bank, we realised we also need to transform our people,” she said.
Simwaka said the programme will empower the bank’s staff to deliver superior customer service and support its growth agenda.
In a separate interview, Stellenbosch Business School lead facilitator Jacques Van Zyl highlighted the need for Africa to shift from operational excellence to strategic vision, saying the continent will need over 750 000 professional managers in the next 20 years.
He said the programme challenges participants to reflect on their leadership roles and build the capacity.
NBS Bank plc is one of the five banks listed on the MSE. The others are FDH Bank plc, Standard Bank plc, National Bank of Malawi plc and FMB Capital Holdings Limited, whose subsidiary is First Capital Bank.
