Dear Natbank Family, It is with both gratitude and sadness that I notify you of the retirement of Lucius Mandala, NBM Development Bank General Manager. Gratitude – for the invaluable contribution that Lucius has made to the Bank and sadness on bidding farewell to a colleague that has served selflessly during the formative years of the NBM Development Bank. Lucius was set to retire on the 31 st of July. However to facilitate a smooth transition, he will serve as General Manager until the 31 st of December 2021. As we bid farewell to Lucius,please help me in congratulating his successor Bernard Masi and wishing him well as the incoming General Manager of NBM Development Bank! Bernard has worked as Chief Operating Officer at NBM Development Bank since 2018. Prior to this, he worked as Business Development Manager for NBM plc in the Wholesale Banking Division & Project Finance & Public Sector Unit from 2008 to 2018. Bernard, 43, holds an MBA(with merit) from the University of East Anglia, United Kingdom. He also has a Bachelor of Social Science (Economics) Degree from the University of Malawi. He is a Fellow of Association of Chattered Certified Accountants(UK), and holds a post graduate certificate in Project Finance from University of Middlesex, United Kingdom. I sincerely wish both Bernard and Lucius well as they transition to new chapters of their lives! Macfussy Kawawa, NBM Group Chief Executive Officer