Dolika Banda is currently Chief Executive Officer for African Risk Capacity Insurance Company Limited (“ARC” Limited). An organisation which uses modern finance mechanisms such as risk pooling and risk transfer to create pan-African climate response systems.
In addition, Dolika Banda is an independent consultant, with over 25 years’ experience in international banking and financial management who, more recently, has focused on supporting the banking and economic development of sub Saharan Africa. From 2013 to 2015, she was with the UK’s Commonwealth Development Company (“CDC”) where she served as Regional Director and Private Equity Fund of Funds Director for Africa. Prior to this, she was a senior advisor and director of the International Finance Corporation (IFC), working for 16 years in the Financial Markets, Credit, Accounting and Treasury departments. She has also held senior roles in Corporate and Merchant Banking at Barclays Bank, Zambia, and in Financial Control, Credit, Treasury and International Relationships at Citibank, Zambia.
Dolika is a non-executive director of Harith General Partners, a pan-African infrastructure fund and DFID/UK AID’s Financial Sector Deepening Africa and Financial Sector Deepening Zambia. She also chairs the Focus Investment Group, a SME financial services provider in Zambia.
She holds a Bachelor’s degree in International Business and Marketing from Schiller International University (UK), and a Masters in International Business and Banking from Schiller University (France).