What Does Zambia National Commercial Bank (Zanaco) PLC Do?

Total employees2125
HeadquartersLusaka
FoundedN/A

Zambia National Commercial Bank Plc (Zanaco) is one of Zambia's largest and oldest indigenous commercial banks. Established in 1969, Zanaco offers a comprehensive suite of financial products and services to retail, SME, corporate, and institutional customers. With an extensive branch and ATM network across the country, Zanaco is committed to driving financial inclusion, supporting economic development, and providing innovative banking solutions tailored to the needs of the Zambian market. The bank focuses on customer-centricity, digital transformation, and sustainable growth.

Where Is Zambia National Commercial Bank (Zanaco) PLC's Headquarters?

Zambia National Commercial Bank (Zanaco) PLC officeZambia National Commercial Bank (Zanaco) PLC officeZambia National Commercial Bank (Zanaco) PLC officeZambia National Commercial Bank (Zanaco) PLC office
*Images sourced via web search. Rights belong to original owners

HQ Function

The headquarters serves as the central hub for Zanaco's executive management, strategic planning, corporate governance, and oversight of its nationwide banking operations.

Notable Features:

Zanaco House is a prominent landmark building in Lusaka's central business district, designed to house the extensive operations of a major financial institution, likely featuring modern office spaces, secure banking facilities, and customer service centers.

Work Culture:

The work culture at Zanaco's headquarters is characterized by professionalism, a strong focus on customer service, innovation, and collaboration, reflecting its status as a leading financial services provider in Zambia.

HQ Significance:

This location is highly significant as it anchors Zanaco's operations nationwide, symbolizing its deep roots in the Zambian economy and its commitment to serving the financial needs of the nation.

Values Reflected in HQ: The headquarters reflects Zanaco's core values of integrity, customer focus, innovation, excellence, and its commitment to being a pillar of the Zambian financial system.

Location:

Zambia National Commercial Bank Plc primarily operates within Zambia, with an extensive domestic network. While it does not have physical branches internationally, Zanaco maintains correspondent banking relationships with various international financial institutions. These partnerships enable it to facilitate international trade finance, foreign currency transactions, and international money transfers for its customers, effectively connecting Zambia to the global economy.

Street Address:

Zanaco House, Cairo Road, P.O. Box 33611

City:

Lusaka

State/Province:

Lusaka Province

Country:

Zambia

Where Else Does Zambia National Commercial Bank (Zanaco) PLC Operate Around the World?

Ndola, Copperbelt Province, Zambia

Address: Ndola Main Branch, Plot 407 Buteko Avenue, Ndola

To support individual and business banking needs, facilitate trade, and contribute to the economic activity of the Copperbelt, particularly in mining, manufacturing, and commerce.

Kitwe, Copperbelt Province, Zambia

Address: Kitwe Business Centre, Plot 1040 Obote Avenue, Kitwe

To cater to the financial requirements of a diverse customer base including mining companies, SMEs, and retail clients, fostering economic growth in the region.

Livingstone, Southern Province, Zambia

Address: Livingstone Branch, Mosi-Oa-Tunya Road, Livingstone

To support the local economy, facilitate tourism-related transactions, and provide essential financial services to the residents and businesses of Livingstone and surrounding areas.

Buying Intent Signals for Zambia National Commercial Bank (Zanaco) PLC

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Zambia National Commercial Bank (Zanaco) PLC? Meet the Executive Team

As of April 2025, Zambia National Commercial Bank (Zanaco) PLC' leadership includes:

Mukwandi Chibesakunda - Chief Executive Officer
Kalenso Shimukowa - Chief Financial Officer
Cheelo Pedenzedala - Chief Commercial Officer
Wane M. Ng'ambi - Chief Digital and Innovation Officer
Bridgette M. Ndele - Company Secretary & Head Legal

Who's Investing in Zambia National Commercial Bank (Zanaco) PLC?

Zambia National Commercial Bank (Zanaco) PLC has been backed by several prominent investors over the years, including:

Government of the Republic of Zambia (GRZ)
Arise B.V.
National Pension Scheme Authority (NAPSA)
Members of the Public and Other Institutions (via Lusaka Securities Exchange)

What Leadership Changes Has Zambia National Commercial Bank (Zanaco) PLC Seen Recently?

Hire0
Exits0

Based on publicly available information, Zanaco's core C-suite executive team has maintained stability over the past 12 months with no major widely reported new hires or departures at this top level. Any routine internal promotions or changes below the principal C-suite are not typically part of broad public disclosures.

What Technology (Tech Stack) Is Used byZambia National Commercial Bank (Zanaco) PLC?

Discover the tools Zambia National Commercial Bank (Zanaco) PLC uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Zambia National Commercial Bank (Zanaco) PLC Email Formats and Examples

Zambia National Commercial Bank Plc (Zanaco) typically uses a standardized email format for its employees, generally based on their names and the company domain. Common formats include the first initial followed by the last name, or the full first name separated from the last name by a period.

[first_initial][last]@zanaco.co.zm or [first].[last]@zanaco.co.zm

Format

jdoe@zanaco.co.zm

Example

80%

Success rate

What's the Latest News About Zambia National Commercial Bank (Zanaco) PLC?

Zanaco Plc Official Website • March 20, 2024

Zanaco, UNHCR And Plan International Partner To Drive Financial Inclusion For Refugees

Zanaco Plc has entered into a partnership with UNHCR, the UN Refugee Agency, and Plan International Zambia to enhance financial inclusion for refugees in Zambia. This initiative aims to enable refugees to open bank accounts and access a range of financial services....more

Lusaka Times • November 1, 2023

Zanaco Posts K831 million Profit After Tax for the period ended 30th September 2023

Zambia National Commercial Bank (Zanaco) Plc announced a profit after tax of K831 million for the nine-month period ending September 30, 2023. This result highlights the bank's strong financial performance and continued growth trajectory during the year....more

Zambia Business Times • July 14, 2023

Zanaco Board Chair confirms strong half year performance

The Zanaco Board Chairperson, Hastings Mtine, confirmed the bank's strong performance in the first half of 2023, attributing it to strategic initiatives and favorable market conditions. The bank reported significant growth in profitability and assets....more

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