Dolika Banda

CEO

African Risk Capacity Insurance (ARC), All Africa

Biography

Dolika Banda is the CEO of the African Risk Capacity Insurance Limited (ARC Ltd). She is a Zambian national with over 25 years of experience in international banking and financial management. Dolika has worked across the world – in Africa, Europe, Latin America, the Caribbean and the US with a specific focus on banking and economic development in sub-Saharan Africa. Most recently, Dolika served as the regional director for Africa at CDC Group plc, the UK’s development finance institution. Before joining CDC in 2013, Dolika was a senior adviser and director at the IFC where she worked for 16 years in the financial markets, credit, accounting and treasury departments. She held senior positions at Barclays Bank Zambia in corporate and merchant banking and at Citibank Zambia in financial control, credit, treasury and international relationships.

Dolika sits as a non-executive director on the boards of Ecobank Transnational Incorporated (ETI), FSD Zambia and Harith General Partners, South Africa and also serves as group chair of Focus Investment Group, a SME financial services provider in Zambia. She is a current Board member of FSD Africa. Dolika was recognised with a prize for vision and courage by Africa Femmes Performantes (Africa’s Performing Women) in Washington, DC in 2012.

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