NBS Bank Executive and Leadership Team

November, 2026

Leadership Overview

NBS Bank has 4 executives leading key functions including strategy, information technology, operational efficiency, and financial management.

Committed to driving financial inclusion across Malawi, NBS Bank delivers comprehensive commercial banking services while prioritizing digital innovation and customer-centric growth for individuals and corporate clients.

Leadership Roles at NBS Bank

  • Chief Executive Officer - Temwani Simwaka
  • Chief Operating Officer - Shadrick Chikusilo
  • Chief Information Officer - Chinga Chaguluka
  • Chief Finance Officer & Company Secretary - Martin Ndenya
  • Temwani Simwaka - Chief Executive Officer

    Temwani Simwaka, the Chief Executive Officer at NBS Bank, directs the overarching strategic vision and long-term growth trajectory for the institution. Overseeing the expansion of personal and corporate banking services, the Chief Executive Officer ensures alignment with national financial inclusion goals. This leadership role involves constant engagement with the Board to maintain high standards of service excellence across the Southern Region. By championing digital transformation initiatives, Temwani Simwaka directly influences the competitive positioning of the bank within the Malawian market. The Chief Executive Officer monitors performance metrics to guarantee that lending products and investment accounts meet the evolving needs of small and medium enterprises. Through rigorous oversight of institutional operations, Simwaka secures the stability and reputation of the organization as a premier financial partner for diverse public and private sector clients.
    Temwani Simwaka

    Shadrick Chikusilo - Chief Operating Officer

    Shadrick Chikusilo, the Chief Operating Officer at NBS Bank, manages the daily execution of banking services and internal administrative workflows. Overseeing the operational efficiency of branch activities, the Chief Operating Officer ensures that lending products and investment accounts reach clients with maximum precision. This leadership position involves streamlining processes to support small and medium enterprises while maintaining high service standards. Shadrick Chikusilo coordinates with department heads to refine service delivery models across the Southern Region. By implementing rigorous quality control measures, the Chief Operating Officer minimizes friction in customer interactions and enhances overall institutional productivity. Chikusilo drives the implementation of operational policies that align with the broader mission of financial inclusion. Through constant monitoring of service output, the Chief Operating Officer guarantees that the bank remains a reliable partner for public institutions and corporate entities alike.
    Shadrick Chikusilo

    Chinga Chaguluka - Chief Information Officer

    Chinga Chaguluka, the Chief Information Officer at NBS Bank, architects the digital infrastructure necessary to support modern commercial banking operations. Managing the integration of advanced financial technology, the Chief Information Officer drives the transition toward seamless digital banking platforms for all customers. This role requires constant collaboration with executive leadership to secure data integrity and enhance the efficiency of online lending products. Chinga Chaguluka oversees the deployment of robust cybersecurity frameworks to protect the assets of large corporations and individual account holders. By optimizing internal systems, the Chief Information Officer facilitates faster transaction processing and improved service delivery across the entire branch network. Chaguluka maintains a focus on scalable technology solutions that support the long-term digital roadmap of the bank, ensuring that technical capabilities remain at the forefront of the regional financial sector.
    Chinga Chaguluka

    Martin Ndenya - Chief Finance Officer & Company Secretary

    Martin Ndenya, the Chief Finance Officer & Company Secretary at NBS Bank, directs the financial health and regulatory compliance of the entire organization. Overseeing capital allocation and fiscal reporting, the Chief Finance Officer & Company Secretary ensures that investment accounts and lending products remain profitable and sustainable. This dual-purpose role involves managing corporate governance standards and maintaining transparent communication with the Board. Martin Ndenya monitors market trends to provide strategic insights that support the growth of the bank. By optimizing the balance sheet and overseeing risk management protocols, the Chief Finance Officer & Company Secretary protects the interests of shareholders and clients. Ndenya coordinates with external regulators to uphold the legal standing of the institution. Through precise financial planning and rigorous oversight of corporate secretarial duties, the executive secures the long-term fiscal stability of the bank.

    Frequently Asked Questions Regarding NBS Bank Top Executives and Leadership Team

    Who leads NBS Bank?
    NBS Bank is led by Temwani Simwaka (Chief Executive Officer), along with executives such as Shadrick Chikusilo (Chief Operating Officer) and Chinga Chaguluka (Chief Information Officer).
    Who is part of NBS Bank’s executive team?
    The executive team of NBS Bank includes leaders such as Temwani Simwaka (Chief Executive Officer), Shadrick Chikusilo (Chief Operating Officer), Chinga Chaguluka (Chief Information Officer) and other senior executives.
    How many executives does NBS Bank have?
    NBS Bank has 4 executives leading key business areas.
    What roles are included in NBS Bank’s leadership team?
    The leadership team of NBS Bank includes roles such as Chief Executive Officer, Chief Operating Officer, Chief Information Officer, Chief Finance Officer & Company Secretary.