Insurance

Malawi names former insurance firm director as finance minister

Mlusu

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Chuks Udo Okonta

Former insurance company director Felix Mlusu was named Malawi’s new finance minister on Monday, a government statement said, a day after President Lazarus Chakwera was sworn in following last week’s re-run election in which he unseated Peter Mutharika.

Reuters reported that the statement also named five other ministerial positions and three senior civil servants.

Felix Mlusu (born 23 March 1951) is a Malawian financial executive currently serving as Minister of Finance of the Republic of Malawi from 29 June 2020. He is a former Managing Director and Chief Executive Officer of NICO Holdings Limited, a Malawian Multinational Holding Company.

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