THE Bank of Zambia has appointed Calvin Habasonda and Maibiba Mulala as joint liquidation managers for Investrust Bank.
''On 8 July 2024, the Bank of Zambia notified depositors, directors, shareholders, creditors, and any other interested parties that Investrust Bank Plc was put under Compulsory Liquidation in accordance with section 127 of the Banking and Financial Services Act, 2017,'' said BoZ assistant director of communicationBesnat Mwanza in a statement. ''In view of the above, please be advised that the Bank of Zambia has appointed Mr. Calvin Habasonda, Assistant Director – Regulatory Policy, Licensing and Liquidations and Mr. Maibiba Mulala, Principal Examiner as Joint Liquidation Managers effective 12 July 2024 to oversee the liquidation process of the residual assets. The Joint Liquidation Managers may be contacted on the following:
Mr. Calvin Habasonda
Email: chabasonda@boz.zm
Phone: +260 211 399 300
Mr. Maibiba Mulala
Email: mmulala@boz.zm
Phone: +260 211 399 300''