Accomplished economist and former Bank of Zambia – BOZ Director Peter Banda has been appointed as Pensions and Insurance Authority – PIA Board Chairman.
Minister of finance Dr. Bwalya Ng’andu has appointed Peter Banda as the new board chairperson for the Pensions and Insurance Authority (PIA). The appointment was done in accordance with the pensions Scheme Regulation Act for a period of three years.
Banda is an accomplished executive and economist with over 35 years of experience in the financial sector with his last appointment as a senior director, Monetary Policy at BoZ where he worked for about 30 years until his retirement in 2015.
At BoZ, he also served as director economics, director- financial markets and director regional office, Ndola. Banda also served as the deputy registrar of banks and financial institutions for 17 years at the central bank.
He has also served as board member of the Securities and Exchange Commission (SEC) from 1999 to 2003 and 2009 to 2011. Banda holds a Masters Degree in Economics from New Mexico state university in the United States of America and a Bachelor of Arts degree in economics from University of Zambia.
