AFI announced this week that Norbert Mumba has been named the organization’s first deputy executive director.
Mumba, a Zambian national, boasts more than 25 years of senior management experience in Zambia, including 19 years at the Bank of Zambia (BOZ)—a member institution of AFI—where he held numerous positions such as Assistant Director of Regulatory Policy, Licensing and Liquidations, and Director of Bank Supervision. Mr. Mumba has been a member of several technical committees aimed at reforms of the banking sector at national, regional and international levels.
At the central bank, Mr. Mumba also served as liaison with AFI. He actively participated in financial inclusion meetings and activities, and worked to ensure BOZ assumed a strong role in the Network. He was a member and Co-Chair of the Financial Inclusion Data Working Group (FIDWG) that developed the Financial Inclusion Core Set Indicators and participated in peer review programs.
Mumba holds an MBA from Heriot Watt University, a Post Graduate Diploma in Business Administration from Coventry University, and a Bachelor of Laws Degree from the University of Zambia. He is also an International Labor Organization certified trainer for the Female and Male Operated Enterprises (FAMOS) Check, and an Institute of Directors of Zambia (IODZ) certified Trainer in Good Corporate Governance.
Prior to his appointment with AFI, Mr. Mumba had been contracted by BOZ to facilitate FAMOS Check Audits in selected commercial banks in Zambia to assess the level and quality of access to financial services by female- and male-operated small enterprises.
“Financial inclusion has proven itself to be a critical element in efforts to reduce poverty and support overall economic progress. Our global challenge is to unlock the power of smart policy and demonstrate the real value and real impact that can be achieved when we work together,” said Mumba. “I can think of no organization better positioned to take on this challenge than AFI. I look forward to contributing to the bright future of this incredible organization.”