First National Bank Botswana (FNBB) has announced the appointment of Dr. Mbako Mbo as its new Deputy Chief Executive Officer, effective July 1, 2025.
Dr. Mbo, who joined FNBB in February 2023 as Chief Financial Officer, was elevated to the role of Executive Director on the Board in August 2023. In his new role as Deputy CEO, he will oversee functions including Finance, the Commercial Segment, Technology, Operations, and Data & Analytics—areas the bank has identified as vital to delivering its long-term strategy.
Dr. Mbo holds a Ph.D. in Business Management from the University of Stellenbosch, an MBA from the University of Derby, and a Bachelor of Accountancy from the University of Botswana.
He is also a certified ACCA and AMCT professional, with executive training from Harvard Business School and the Harvard Kennedy School of Government. He is also a published academic with international journal contributions in organisational performance and development finance.
Welcoming the appointment, the FNBB Board expressed confidence in Dr. Mbo’s leadership capabilities and affirmed that his extensive experience will significantly contribute to the bank’s growth and innovation agenda.
“The Board welcomes Mbako into his new role and is confident that his wealth of experience will be valuable to the Bank,” read part of the official statement.