NICO Asset Managers, on 10 April 2026, honoured former Board Member, Mr. Wilson Chirwa, for his outstanding contribution and dedicated service spanning over 13 years. 

Mr. Chirwa served on the Board from November 2012 until his retirement on 31 December 2025. During this period, he chaired the Finance and Audit Committee for over eight years and served on the Credit Committee from 2021, contributing to strengthened governance and sound decision-making. His tenure also saw the evolution of Board structures from having no committees to four, alongside notable improvements in business performance. 

NICO Asset Managers Chief Executive Officer, Mr. Daniel Dunga, commended Mr. Chirwa’s leadership. 

“Under his stewardship, the Committee maintained strong financial discipline, transparency, and accountability, while his thoughtful insights guided prudent decision-making and fostered sustainable growth,” said Dunga. 

He further noted that Mr. Chirwa’s contribution extended beyond structures and processes, reflecting the depth of his impact across the organisation. 

NICO Group Managing Director, Mr. Vizenge Kumwenda, described him as a steady and principled leader. 

“Mr. Chirwa brought steadiness, sound judgment, and a deep sense of responsibility. Although leadership at Board level is often quiet and largely unseen, his contribution went beyond roles and titles; it was reflected in the quality of deliberations and the long-term thinking that continues to guide NICO Asset Managers and, in turn, the NICO Group,” said Kumwenda. 

In his remarks, Mr. Chirwa expressed appreciation and pride in having been part of the company’s growth journey. 

“Although I was appointed at a time when there was no Committee and joined as an independent director, I am very pleased to have witnessed the company grow from its early stages, and I am proud to be part of its success story,” said Chirwa. 

NICO Asset Managers, together with the NICO Group, wish him good health, fulfilment, and continued success in his retirement.