Margaret Mwanakatwe

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Margaret Mwanakatwe
Minister of Commerce, Trade and Industry [1]
Assumed office
2 February 2015
President Edgar Lungu
Preceded by Robert Sichinga
Managing Director of United Bank for Africa (Uganda)[2]
In office
March 2009 – May 2011
Preceded by Post established
Succeeded by Frans Ojielu
Managing Director of Barclays Bank of Ghana PLC
In office
Preceded by Kobina Quansah
Succeeded by Ernest Debrah
Managing Director of Barclays Bank of Zambia
In office
Preceded by Ian Knapman
Personal details
Born (1961-11-01) 1 November 1961 (age 56)
Nationality Zambian
Spouse(s) Mupanga Mwanakatwe[3]
Education Association of Chartered Certified Accountants
(Chartered Certified Accountant)
Alma mater University of Zambia
(Bachelor of Business Administration)
Profession Senior bank executive
Known for Business, management

Margaret Mhango Mwanakatwe is the Zambian Minister of Finance.[1] She worked previously as a businesswoman, accountant, and bank executive. She was the director for business development in Anglophone Africa at the United Bank for Africa at the bank's headquarters in Lagos, Nigeria. In this role, she supervised business development in Cameroon, the Democratic Republic of the Congo, Ghana, Kenya, Liberia, Mozambique, Tanzania, Uganda, and Zambia.[2] Before that, she served as the managing director and chief executive officer of the United Bank for Africa Uganda Limited from March 2009 until May 2011.[2]


Mwanakatwe is a business executive and banker, with a professional career spanning over twenty years. She has been a banking chief executive in her native Zambia, Ghana, and Uganda and a senior executive at the United Bank for Africa (UBA) in Nigeria.[4]

Background and education[edit]

She was born in Zambia on 1 November 1961.[5] She holds a Bachelor of Business Administration degree. She is also a Chartered Certified Accountant, recognized by the Association of Chartered Certified Accountants of London.[5]


Following education both in Zambia and abroad, she took up employment at Barclays Bank of Zambia. She rose to the position of managing director. She was the first Zambian and first female chief executive at Barclays Bank of Zambia. She was also the first woman CEO in all of Barclays Bank's African subsidiaries at the time.[6] In 2004, she was appointed managing director and CEO at Barclays Bank of Ghana, serving in that capacity until 2009.[7]

In 2009, she left Barclays Bank and joined the UBA as managing director and chief executive at United Bank for Africa Uganda Limited (UBA Uganda).[8] During the same timeframe, she served as the regional business director for southern Africa for UBA.[9] In 2011, she left UBA Uganda and transferred to the headquarters of UBA in Lagos, Nigeria as the director for business development in Anglophone Africa.[2]


On 2 February 2015, Mwanakatwe was nominated member of Parliament and appointed Minister of Commerce by Zambia President Edgar Lungu.[4]

Other responsibilities[edit]

Margaret Mwanakatwe is married to Mupanga Mwanakatwe, who serves as the managing director of Zamtel, the state-owned telecommunications company.[3]

See also[edit]


  1. ^ a b Headlines (2 February 2015). "President Lungu appoints Margaret Mwanakatwe as Minister of Commerce, Mulenga Sata moves to State House as Deputy Minister". Lusaka: Lusaka Times. Retrieved 8 September 2016. 
  2. ^ a b c d Vision Reporter (19 June 2011). "United Bank for Africa to get new Managing Director". New Vision. Kampala. Retrieved 8 September 2016. 
  3. ^ a b "Minister of Commerce Margaret Mwanakatwe has defaulted on CEEC loan-Tayali". Lusaka Times. Lusaka. 26 July 2015. Retrieved 8 September 2016. 
  4. ^ a b Chongo, Kelvin (3 February 2015). "Margaret Mwanakatwe appointed minister". Zambia Daily Mail. Lusaka. Retrieved 8 September 2016. 
  5. ^ a b Parliament of Zambia (2 February 2015). "National Assembly of Zambia: Margaret Mhango Mwanakatwe". Lusaka: Parliament of Zambia. Retrieved 8 September 2016. 
  6. ^ ADM (6 July 2004). "Ghana: Barclays Ghana Appoints New Managing Director". Accra Daily Mail. Accra. Retrieved 8 September 2016. 
  7. ^ Nyakrom, Agona (18 November 2006). "Government to release $20m from MCA to SMEs". Accra: Ghana News Agency. Retrieved 8 September 2016. 
  8. ^ Interview (2 February 2010). "UBA - Two years down the road". Daily Monitor. Kampala. Retrieved 8 September 2016. 
  9. ^ Myjoyonline (26 January 2009). "Former Barclays boss Margaret Mwanakatwe joins UBA". Accra: Modernghana News. Retrieved 8 September 2016. 

External links[edit]