Mumba Kalifungwa, is a
Zambian
accountant
An accountant is a practitioner of accounting or accountancy.
Accountants who have demonstrated competency through their professional associations' certification exams are certified to use titles such as Chartered Accountant, Chartered Certifi ...
and
corporate executive, who is the
managing director and
chief executive officer of
Absa Bank Uganda Limited
Absa Bank Uganda Limited, formerly known as Barclays Bank of Uganda Limited, is a commercial bank in Uganda. It is licensed by the Bank of Uganda, the central bank and national banking regulator. The bank is a subsidiary of Absa Group Limited, a ...
, a commercial bank in Uganda, whose assets were valued at US$665 million in December 2017.
He took up this assignment on 1 April 2020.
Background and education
He was born in Zambia. He attended local primary and secondary schools, before being admitted to university for his
bachelor's degree. His second degree, a
Master of Business Administration, was obtained from
Heriot-Watt University Business School, in
Edinburgh,
Scotland, United Kingdom. Kalifungwa is also a
Chartered Certified Accountant, recognised by the
Association of Chartered Certified Accountants
Founded in 1904, the Association of Chartered Certified Accountants (ACCA) is the global professional accounting body offering the Chartered Certified Accountant qualification (ACCA). It has 240,952 members and 541,930 future members worldwid ...
. In addition, he has taken courses in banking and management over the duration of his career.
Career
At the time he was appointed CEO of Absa Bank Uganda, Kalifungwa was the chief financial officer (CFO) at
Absa Bank Botswana Limited, a position he served in since 2015.
Before that, he served as the CFO at then Barclays Bank of Zambia (now
Absa Bank Zambia
Absa Bank Zambia Plc, formerly Barclays Bank of Zambia, is a commercial bank in Zambia. It is licensed by the Bank of Zambia, the central bank and national banking regulator.
Location
The headquarters and main branch of Absa Bank of Zambia ar ...
). His banking career goes back to 1995. He started out at ''Coopers and Lybrand'' which today is
PricewaterhouseCoopers. Later, he joined the Zambia Revenue Authority, serving there as senior accountant. He then joined Absa Bank Zambia.
On 1 April 2020, Kalifungwa replaced Nazim Mahmood, who held the CEO position at Absa Bank Uganda, in acting capacity since July 2019.
Professional associations and societies
Mumba Kalifungwa is a fellow of the
Chartered Institute of Management Accountants, the
Association of Chartered Certified Accountants
Founded in 1904, the Association of Chartered Certified Accountants (ACCA) is the global professional accounting body offering the Chartered Certified Accountant qualification (ACCA). It has 240,952 members and 541,930 future members worldwid ...
, the '' Botswana Institute of Chartered Accountants'' and the ''Zambia Institute of Chartered Accountants''.
As of March 2020, he was a board member of the Chartered Institute of Management Accountants (CIMA) Africa Board. He previously served as chairman of the board audit committee of the Zambia Institute of Mass Communication.
See also
*
Absa Group
*
List of banks in Uganda
References
External links
Website of Absa Bank Uganda LimitedBrief Profile
{{DEFAULTSORT:Kalifungwa, Mumba
1970s births
Living people
Zambian bankers
Zambian accountants
Zambian business executives
Zambian businesspeople
Zambian chief executives
University of Zambia alumni
Alumni of Heriot-Watt University
Fellows of the Association of Chartered Certified Accountants
Absa people