CRDB Bank has appointed Fredrick Siwale as the new Managing Director for its Burundi Subsidiary, as the lender targets entering the DRC market this year.
Siwale replaces Bruce Mwile, who has been promoted to Group Chief Operating Officer (COO), leading the Bank's group-wide operations. Mwile headed the subsidiary since 2012.
CRDB Bank Group CEO, Abdulmajid Nsekela said Siwale has a proven capability ranging back 17 years and will continue to strengthen the Burundi operations.
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