Executive Management

Mr. Lushinga
MR. JACOB LUNDA LUSHINGA
MANAGING DIRECTOR
Mr. Jacob Lunda Lushinga is the Managing Director of Development Bank of Zambia, an organization he joined in June 2012. He holds an MSc qualification in economics. His previous work experience includes that of Director General & CEO of the Zambia Investment Centre and Head – Strategic planning at Bank of Zambia. Mr. Lushinga is Chairman of the 2013/2014 United Nations Development Program (UNDP) Board on the Zambian Human Development Report. He also holds non-directorship positions at NORSAD Finance Limited, ZAFFICO and Kaleya Small Holding Limited. At DBZ, his goal is to restore the Bank’s competitive performance and make it Zambia’s premier finance institution.
Mr. Shinde
MR. DARWIN SHINDE
DIRECTOR FINANCE
Mr. Shinde is a holder of an MBA qualification in financial services and Fellow of the Association of Chartered Certified Accountants. He is  a member of the Information Systems Audit & Control Association. Thus he has vast experience in both auditing and Finance.  He joined the Bank as Manager, Internal Audit and progressed to work in Finance where he was eventually appointed as Director, Finance. He is currently serving as the Bank’s Director of Finance.
Mrs. Chansa
MRS. NKANDU CHIKONDE CHANSA
BANK SECRETARY
Mrs. Chansa holds a Bachelor of Laws (LLB) and Master of Laws in International Business and Commercial Law (LLM) from the University of Zambia and University of Manchester respectively.  She previously worked for the Law Association of Zambia National Legal Aid Clinic For Women as an Advocate and MNB Legal practitioners as a Senior Associate and for National Savings and Credit Bank (NATSAVE) as Company Secretary & Legal Counsel. She is a  member of the Law Association of Zambia and an advocate of the High Court and Supreme Court of Zambia. She is a qualified Arbitrator and a member of the Chartered Institute of Arbitrators.
Mrs. Chaile
MRS. MAVIS CHAILE
CHIEF INVESTMENT OFFICER
Mrs. Mavis Chaile  holds a BA Degree in Economics with a minor in French and a Master’s  Degree in Agricultural Development from the University of Bradford UK. She brings on board vast experience and knowledge having worked for Lusaka Urban District Council as an Economist before joining DBZ. She has worked with DBZ in different roles and has over 15years experience in Business Development, Credit Analysis, Project Monitoring, supervision and Management.
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MR. CLIVE CHOONGO
HEAD-ICT
Mr. Choongo is the Bank’s ICT Manager. He holds a BSc Hons Degree in Computer & Mathematical Science, HND IMIS, a Diploma in Computer Studies and an MSc in Information Systems Management. Mr. Choongo has worked both as a Banker and ICT Administrator. He has worked for DCS Holdings, Standard Chartered Bank and Stanbic Bank. He hopes to make a significant contribution in transforming the operations of the Bank through assisting the Bank in implementing an appropriate core- banking system.
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MR. PETER CHILESHE
Internal Audit Manager
Mr. Chileshe is a holder of MSc Computer Science from Technical University of Ilmenau in Germany and Fellow of the Association of Chartered Certified Accountants. His previous work experience includes that of Manager Internal Audit - Africa for Puma Energy (Z) Plc/BP Plc. The position he held for 12 years after working as a Senior IT Auditor for 4 years.  Before that, he worked as an IT consultant with Deloitte & Touche Zambia. He has been with DBZ since May 2014 and is currently serving as the Bank’s Manager Internal Audit.