CDH Investment Bank on Wednesday 24th February 2021 donated various essential medical equipment and supplies worth K27.8 million to the Society of Medical Doctors in Malawi (SMD) to assist in the fight against the COVID-19 pandemic. The items donated include oxygen cylinders, oxygen flowmeters and regulators, pulse oximeters and other equipment and materials. The donation is in line with the bank’s pillar to give back and support the community through social initiatives that make impact.
CDH Investment Bank has donated K4 million to the Kamuzu College of Nursing (KCN), a constituent college of the University of Malawi. The donation was made to support students access online learning equipment, including internet dongles, tables and computers. The equipment will allow nursing students to attend classes remotely as the college enforces social distance learning methods during the Coronavirus (COVID-19) pandemic period.
The board of CDH Investment Bank is pleased to announce the appointment of Mr Thoko Mkavea as Deputy Chief Executive Officer (DCEO) and Head of Investment Banking (HIB) for the bank, effective 2nd October 2020.
Until his appointment, Mr Mkavea served as the bank’s Chief Investment Banking Officer since 2012. Prior to this, Mr Mkavea held several senior management positions in the group. He was also instrumental in the establishment of the bank in 2012. Mr Mkavea has over 20 years’ experience covering finance, investment banking, asset finance, structured finance and general management.
Mr Mkavea is a Fellow of the Chartered Institute of Management Accountants (FCMA) and a Chartered Global Management Accountant (CGMA). He also holds an MBA from the University of Derby (United Kingdom) and a Bachelor of Accountancy Degree from the University of Malawi
CDH Investment Bank has donated K3.5 million to Beit Cure International Hospital, in Blantyre. The donation was made in order to support the hospital sustain charitable paediatric surgeries which it carries out to children at the hospital. Making the donation, CDH Investment Bank’s Chief Treasury Officer, Mr Paul Nyachiwowa expressed the bank’s appreciation to the hospital for the great work they do in supporting children with disabilities. “we are touched by your great spirit of service especially towards children and we have been compelled to support you”. He said that during this time, when the world is battling the negative effects of the COVID-19 pandemic, we hear that operations at the Beit Cure International Hospital have been negatively affected.
CDH Investment Bank has donated K7 million to the University of Malawi, The Polytechnic to assist the University in the production of COVID-19 Personal Protective Equipment (PPE). The bank partnered with The Polytechnic as one way of promoting local talent and to encourage the innovation that is being done by students at the university in coming up with technological interventions to help in the fight against COVID-19.
