NICO Holdings Management
Management criteria checks 2/4
NICO Holdings' CEO is Vizenge Kumwenda, appointed in Jan 2016, has a tenure of 8.17 years. directly owns 4.82% of the company’s shares, worth MWK10.04B. The average tenure of the management team and the board of directors is 4 years and 8 years respectively.
Key information
Vizenge Kumwenda
Chief executive officer
n/a
Total compensation
CEO salary percentage | n/a |
CEO tenure | 8.2yrs |
CEO ownership | 4.8% |
Management average tenure | 4yrs |
Board average tenure | 8yrs |
Recent management updates
Recent updates
CEO
Vizenge Kumwenda (61 yo)
8.2yrs
Tenure
Mr. Vizenge Matumika Kumwenda, FCCA, ACII, M.Sc (Fin), B.Com (Acc), Dip Bus., CPA, has been the Group Managing Director of NICO Holdings Limited since January 01, 2016 and served as its Deputy Managing Di...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Group MD & Director | 8.2yrs | no data | 4.82% MWK 10.0b | |
Group Chief Finance Officer | 4yrs | no data | no data | |
Group Chief Operations Executive | 4yrs | no data | no data | |
Group General Counsel & Head of Compliance | 2.5yrs | no data | no data | |
Group Head of Marketing & Customer Experience | 5.1yrs | no data | no data | |
Group Head of Human Resources | 2yrs | no data | no data | |
Chief Investment Officer of NICO Capital | 4.3yrs | no data | no data | |
Group Head of Risk | 4yrs | no data | no data | |
Group Head of Internal Audit | 1.2yrs | no data | no data | |
Chief Executive Officer of NICO Pension | less than a year | no data | no data | |
Chief Executive Officer of NBS Bank PLC | 6.9yrs | no data | no data | |
Chief Executive of NICO General Insurance Company Limited | 6.9yrs | no data | no data |
4.0yrs
Average Tenure
50yo
Average Age
Experienced Management: NICO's management team is considered experienced (4 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Group MD & Director | 10.8yrs | no data | 4.82% MWK 10.0b | |
Non-Executive Director | no data | no data | no data | |
Chairman | 8yrs | no data | no data | |
Non-Executive Director | no data | no data | no data | |
Non-Executive Director | 13.8yrs | no data | 0.79% MWK 1.6b | |
Non-Executive Director | 8yrs | no data | no data | |
Independent & Non-Executive Director | 2.3yrs | no data | no data | |
Independent & Non-Executive Director | no data | no data | no data | |
Independent & Non-Executive Director | 4yrs | no data | no data | |
Independent & Non-Executive Director | 4yrs | no data | 0.63% MWK 1.3b |
8.0yrs
Average Tenure
58.5yo
Average Age
Experienced Board: NICO's board of directors are considered experienced (8 years average tenure).