Board of Directors
The Board of the Bank of Zambia is composed of the Governor, who is the Chairperson, and six other Directors appointed by the Minister of Finance and National Planning from among persons with professional or academic experience in business or financial matters and who are not officials or employees of the Bank. All Directors of the Board are non-executive directors. The Secretary to the Treasury is an ex-officio member of the Board and without power to vote. The Secretary to the Treasury also does not count for a quorum. The Vice Chairperson is elected by the Board from among the members of the Board. Directors of the Board are appointed for a period of three years and are eligible to be reappointed for another three years. The Board is the overall authority in which all the power of the bank are vested. It is responsible for formulation of the Bank of Zambia policy. Below is the current Board of Directors of Bank of Zambia :
Board of Directors
Dr. Denny Kalyalya
Chairman of the Board
