1996-08-08

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Bank of Zambia Circular 10/1996: Authorized Signatories for Financial Markets Department

The Bank of Zambia issued Circular 10/1996 to update the authorized signatories for its Financial Markets Department. The directive appoints Caroline K. Nyimba, Manager of Market Operations, as an additional signatory for executing foreign exchange and open market operation transactions. This appointment takes effect immediately, revokes Mr. M. Chokolo’s signing authority, and confirms that all other previously authorized signatures remain valid.

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BANK OF ZAMBIA P.O. Box 36080 Lusaka 10101

8 August 1996

CB Circular No. ...10../96

To : All Commercial Banks

Dear Sirs

Re: Authorised Signatures for Financial Markets Department

Further to C.B Circular No. 2/96 dated 23rd January 1996, Financial Markets Department has included one additional authorised signatory for purposes of executing Foreign Exchange and Open Market Operation transactions.

Category B

Caroline K Nyimba - Manager, Market Operations

Above authorised signatory is effective immediately. Kindly delete that of Mr M Chokolo. All other signatures contained in circulars 7/95 and 2/96 remain valid.

DR S. MUSOKOTWANE ACTING DEPUTY GOVERNOR


BANK OF ZAMBIA FINANCIAL MARKETS DEPARTMENT

CATEGORY B

  1. Caroline K. Nyimba will sign: ....................... MANAGER MARKET OPERATIONS

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