Regulatory Alerts1996-01-01
CB Circular 02/1996: Authorised Signatories for Financial Markets Department
The Bank of Zambia issued Circular 02/1996 to update the authorized signatories for its Financial Markets Department regarding government treasury bill and bond trading transactions. The directive immediately appoints Dr. Abraham Mwenda as a Category A signatory and Malcom Chileshe as a Category B signatory for executing related payments and documents. This update simultaneously revokes the signing authority of Dr. S. Musokotwane while confirming that all other previously designated signatories remain valid.
Tel. 228888/228903-20
BANK OF ZAMBIA
P.O. Box 30080 Lusaka
10101
23 January 1996
CB Circular No. ...2...... /96
To : All Commercial Banks
Dear Sirs
Re: Authorised Signatures for Financial Markets Department
Further to C.B Circular No. 7/95 dated 19th June 1995, Financial Markets Department has included two additional authorised signatories for purposes of executing Government Treasury bills and bond trading payments and documents.
The two are:-
**Category A**
Dr Abraham Mwenda - Director, Financial Markets
**Category B**
Malcom Chileshe - Assistant Manager, Retail Securities & Market Operations
Above authorised signatories are effective immediately. Kindly delete that of Dr S Musokotwane. All other signatures contained in circular 7/95 remain valid.
DR S. MUSOKOTWANE
ACTING DEPUTY GOVERNOR
BANK OF ZAMBIA
FINANCIAL MARKETS DEPARTMENT
**CATEGORY A**
1. Dr. Abraham Mwenda will sign: [Signature]
DIRECTOR
FINANCIAL MARKETS
**CATEGORY B**
2. Malcom Chileshe will sign: [Signature]
ASSISTANT MANAGER
RETAIL SECURITIES &
MARKET OPERATIONS
[Signature]
16th January, 1996
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