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Team

  • We believe our greatest asset is our people. We employ a young and vibrant team ready to serve you. Our people are highly trained and resourceful. Altus Financial Services is proudly Zambian owned and Zambian managed.

Board of Directors

# Name Position
1 Abigail Chimuka Board Chair Person
2 Ken Simwaba Chief Executive Officer
3 Aakash Gumbeer Executive Director
4 Monika Kumar Non-Executive Director
5 Beena Patel Non-Executive Director
6 Rajesh Gambhir Non-Executive Director
7 Mulenga Mutati Non-Executive Director

Executive Management

Ken Simwaba

Ken Simwaba

Chief Executive Officer

Ken Simwaba is a seasoned finance professional with vast industry experience spanning 20 years in Financial Services covering: Pensions and Asset Management, Microfinance and SME lending and Insurance Services. Ken Simwaba previously served as Managing Director for Madison Finance Company and Madison Asset Management Company. In addition, he also served as Chief Financial Officer of Madison General Insurance and General Manager in MGen Tanzania Insurance Company. He has a Master’s Degree in Business Administration (MBA) from Heriot Watt University, an MA Leadership in Development Finance from Frankfurt School of Finance and also holds the Chartered Institute of Management Accountant (CIMA) qualification. Ken is also a seasoned Real estate investor. Ken has previously served on a number of boards including the Lusaka Stock Exchange, the CEC Staff Pension Scheme and the International School of Lusaka.

Rumbidzai Havazvidi

Aakash Gumbeer

Executive Director

With over 20 years of professional experience, Aakash has worked in various industries including Telecoms, Banking, Retail, FMCG, Fintech, and ICT. Proficient in supporting both greenfield ventures and businesses undergoing transformation, Aakash has delivered programs that have supported business growth and strategic turn arounds. With experience in Finance Control, MIS, Business Intelligence, Revenue Assurance, Fraud, Risk advisory, and Commercial Programs delivery, Aakash brings expertise in these domains. Additionally, he actively serves on boards for both profit and not-for-profit organizations.

Ken Simwaba

Nambinga Hakapya

Chief Financial Officer

Nambinga is a seasoned Professional Accountant with over 10 years of experience in financial reporting, management accounting, external audit, and tax analysis. She brings a results-driven approach to every project, combining creativity and flexibility with strong analytical and presentation skills to deliver practical financial solutions. As a member of ACCA and ZICA, she has built a solid track record working across audit, accounting, and consultancy firms, as well as within the microfinance sector. Her experience spans everything from compiling financial statements to providing strategic tax insights and overseeing complex audits.

Heads of Department

Lemmy Moza
Head - Trade & Digital Channels Management
Dingase Kasaro
Head - GRZ Portfolio
Damiano Chandhla
Co-Head - GRZ Portfolio
Teejay Mvula
Head - Operations
Stephen Phiri Tembo
Manager - Collections and Recoveries
  • Phone:
    +211 253 566
  • Email:
    info@altus.co.zm
  • Address:
    Mpile Office Park, 74 Independence Ave, Lusaka
Business Hours

Monday - Friday

8:00 AM - 5:00 PM

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