Zim Now Writer
Chief Executive Officer of the Agricultural Finance Corporation (AFC) Holdings Group, Francis Macheka, is the new chairperson of the Southern African Development Community-Development Finance Institutions (Sadc-DFI) network for the next two years, with effect from 1 December.
Macheka will, during the two-year period, also serve as an ex-officio member of the Sadc Development Finance Resource Centre (Sadc-DFRC) board of trustees.
Group chairman James Mutizwa said in a statement: “AFC Holdings Group wishes to advise the appointment of Francis Macheka, AFC Holdings Group chief executive officer as chair of the Southern African Development Community-Development Finance Institutions network for a period of two years effective 1 December 2022.”
Macheka has over 20 years of experience in general management and executive directorship in banking and agricultural development.
The top AFC executive is a banking and agricultural development expert with a proven record of business leadership in commercial and agricultural banking, strategy and financial inclusion.
The Sadc-DFI comprises national units drawn across all the 15 Sadc member states, including Zimbabwe, with a membership of 40 DFIs, which have different mandates ranging from agriculture, industrial, infrastructure (economic and social) and small and medium enterprises development.
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