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Lance Shingai Mambondiani is Chief Executive Officer at Steward Bank, a wholly owned subsidiary of Econet Wireless Limited. He also doubles up as CEO of the Digital Banking Arm for Cassava Fintech, another subsidiary of Econet Wireless Global responsible for digital banking projects across Africa. He joined the bank in July 2013 as Business Development & Strategy Executive, appointed Acting CEO in February 2015 and confirmed as substantive CEO in August 2015. He is a Lawyer and Banker with years of experience at executive level.
He previously worked in Europe for various Banking and Financial Institutions. Prior to joining Steward Bank, he was Deputy MD at Coronation Financial, a specialist financial advisory services firm based in the UK, client services manager at Barclaycard (UK). He was also engaged as a Lecturer in International Finance for development at the University of Central Lancashire Business School and as guest lecturer in Financial Markets and Corporate Governance at the University of Manchester. Before he left for the United Kingdom, he was Managing Director of Kingdom Private Bank, a division of Kingdom Financial Holdings and Chief Executive Officer of TN Asset Management, a subsidiary of TN Bank in Zimbabwe. Prior to his banking career, he practised as a corporate attorney with Costa Madzonga legal practitioners and had an internship at Fulton & Howard in Chicago (IL).
He is a Chevening scholar, attaining his PhD from the University of Manchester in 2011, analysing the relationship between bank ownership, corporate governance and profitability in the Zimbabwean banking sector. He has a combination of skills in retail and investment banking, economics, trade finance, corporate finance, law and development finance.