Margaret Mwanakatwe

Background and education She was born in Northern Rhodesia on 1 November 1961. She holds a Bachelor of Business Administration degree. She is also a Chartered Certified Accountant, recognized by the Association of Chartered Certified Accountants of London. In 2004, she was appointed as the managing director and CEO at Barclays Bank of Ghana, serving in that capacity until 2009.

In 2009, she left Barclays Bank and joined the UBA as managing director and chief executive at UBA Bank Uganda. During the same timeframe, she served as the regional business director for southern Africa for UBA. In 2011, she left UBA Uganda and transferred to the headquarters of UBA in Lagos, Nigeria as the director for business development in Anglophone Africa. In her role as Minister of Finance, Mwanakatwe tasked her department to work effectively in order to ensure that the ministry satisfies the expectations of the electorate.

In a meeting held on 20 February 2018, the minister requested that her team formulate a plan to offset domestic arrears in a systemic manner. Additionally, in this meeting she directed officials to formulate a sustainable plan to pay salaries to public service workers on time and commended the team for its commitment to improving domestic resource mobilisation.

She was relieved of her duties as Finance Minister by President Lungu on 14 July 2019.

Family Margaret Mwanakatwe is married to Mupanga Mwanakatwe, who once served as the managing director of Zamtel, the state-owned telecommunications company.