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Dolika Banda

Leadership

Former Director at the International Finance Corporation, World Bank Group and CDC Group Plc, UK.

Dolika Banda headshot

Dolika Banda is an Independent Consultant, leveraging over 30 years of global banking and emerging markets development finance experience, for equitable and inclusive economic and social transformation in sub-Saharan Africa.

Based on her extensive global experience in banking and international development finance, Dolika is focused on disruptive innovations for economic, inclusive, transformational and climate-conscious development for Africa and, how to bring these global issues into the impact governance structure of organizations.

She is a founding partner of Mondiale Impact, a global partnership established in 2022, that is focused on governance for shaping sustainable, equitable and additive impact finance and investment activity.

Dolika currently serves on a number of boards. She is the Chair of Standard Chartered Bank Zambia. She also sits as independent, non-executive director on the boards of, British International Investment (BII), the UK’s development finance institution, CARE-USA and Harith General Partners, a South Africa-based manager of pan-African infrastructure funds. Past board positions of note include, ZCCM Investments Holdings Plc, Zambia, UK DFID Financial Sector Deepening, Africa (FSDA) and Zambia (FSDZ) and Ecobank Transnational Incorporated (ETI), HoldCo of Ecobank pan-African banking Group.

She serves as Trustee on various not-for-profit entities in Zambia, Ghana and the UK.

Her global experience combines operational investments as well as policy advice, empowering her to bring into the board room a combination of, leadership, business alliances, financial management, policy alignment, organizational optimization, shareholder accountability and strategic planning.

Dolika worked for the IFC (a World Bank Group entity) for 16 years from 1996 to 2012, mainly based in Washington DC, with exposure across different disciplines including credit, risk, treasury and financial markets development. In her last role at the IFC, her purview included responsibility for all financial market activities across sub-Saharan Africa, Latin America and the Caribbean, overseeing a portfolio then of over US$5bn in some 250 projects.

In addition to IFC, she has held executive positions with the African Risk Capacity Insurance Company (ARC Ltd), an African Union, BMZ Germany and FCDO UK partnership that promotes insu-resilience against climate risk, the UK government’s development finance institution British International Investment (BII), Barclays Bank Zambia and Citibank Zambia.

Dolika holds a Bachelor’s Degree in International Business & Marketing and a Master’s Degree in International Business & Banking from Schiller International University, France and a Higher National Diploma in Business & Finance from Anglia Ruskin University, UK. She joined CARE’s Board in 2021.