PremierCredit Zambia, a prominent financial technology company in Southern Africa, proudly announces the appointment of Vincent Malekani as its new Chief Executive Officer (CEO). With over 20 years of experience in the financial services sector, Malekani brings a wealth of expertise, a robust professional network, and a proven track record of driving business growth and success.

Vincent Malekani's Background

Before joining PremierCredit Zambia, Vincent Malekani served as Business Development Director for Mastercard in Zambia and Malawi for eight years, where he spearheaded significant sales and revenue growth. His career also includes notable roles at Absa Group, Stanbic, and Investrust Banks, showcasing his extensive background in banking and financial services.

PremierCredit's Innovative Offerings

PremierCredit Zambia distinguishes itself in the Zambian credit loan market through its innovative solutions:

- PremierInvest: A peer-to-peer (P2P) investment platform offering investors returns of up to 36%.

- Instant Loan USSD Service: This service enhances financial inclusion by providing immediate access to loans.

- Digital Loans for MSMEs: Tailored financial products to support underserved micro, small, and medium-sized enterprises (MSMEs).

Goals and Vision

In his new role, Malekani aims to expand the reach of PremierCredit's products and services across Zambia. By forming strategic partnerships with mobile network operators and continuously enhancing customer experiences, he targets growing the company’s user base to one million within the next two years.

Leadership and Strategic Direction

Chilufya Mutale-Mwila, co-founder and Chief Visionary Officer of PremierCredit, expressed confidence in Malekani's leadership:

"Vincent Malekani’s appointment is a testament to our dedication to driving innovation and delivering unparalleled value to our customers. His strategic prowess and industry acumen will be instrumental in propelling PremierCredit Zambia to new heights of success."

Transition in Leadership

Vincent Malekani succeeds Chilufya Mutale-Mwila, the founding CEO and a celebrated entrepreneur. Mutale-Mwila will now serve as the Chief Visionary Officer, focusing on the pan-African expansion of PremierCredit into markets such as South Africa, Nigeria, and Kenya under the brand name Eshandi.

PremierCredit Zambia's strategic appointment of Vincent Malekani as CEO underscores its commitment to innovation, growth, and customer empowerment. With Malekani at the helm, the company is well-positioned to enhance financial inclusion and achieve significant user growth, further solidifying its leadership in the dynamic financial services landscape of Zambia.