List of Dealer’s Representative License

Who Is Required to Be Licensed?

The Securities and Exchange Commission (SEC), a regulatory body which is established under the Securities Act, Cap 354 of the Laws of Zambia, is the licensing authority for capital markets and securities business intermediaries. As the regulator and supervisor of the capital markets and securities industry in Zambia, the SEC hereby informs the investing public that it is a requirement of the Securities Act for all financial intermediaries conducting securities business such as dealing in securities, collective investment schemes, derivative products, providing investment advisory services, and any similar activities in Zambia to be licensed unless such intermediaries are exempt by law.

Therefore, before any person conducts securities business in Zambia, that person must obtain an appropriate license from SEC. Likewise, the public should, for their own protection, ensure that they only deal with licensed firms or individuals when conducting investment related transactions such as putting their money in unit trusts, offshore investment plans etc.

Licensees are required by law to display their licenses prominently at all their business premises. Members of the public are warned that you should only give instructions to properly licensed persons, as placing your financial assets and other interests with unlicensed persons places your investments at great risk. When in doubt regarding the licensing status of any person offering you securities business, kindly consult the SEC.

The investing public is hereby notified that the following firms and individuals are licensed to conduct the type of securities business in the respective license categories in which they appear.

Fraud Protection

Ensure your service provider is officially licensed.

Verify Credentials

Check if who is authorized to offer investment services.

Access Key Contacts

Reach out to licensed firms confidently.

Promote Compliance

Support a fair and accountable market environment.

Find & Verify a Licensee

The entities and individuals listed below are formally licensed and regulated by the Securities and Exchange Commission (SEC) Zambia under the Securities Act No. 41 of 2016. This register is the authoritative source for verifying current licensing status. SEC Zambia takes every measure to ensure the accuracy and timeliness of this information. However, users are encouraged to contact the Commission directly to confirm licensing details, especially for critical transactions or due diligence purposes. Engaging with unlicensed service providers is at your own risk and may expose you to fraud, financial loss, or unenforceable investments. To report suspicious activity, please email info@seczambia.org.zm

List of Dealer’s Representative License

Ms. Bathsheba Magula

Absa Bank Zambia Plc

Mr. Boston Nkuname

Absa Bank Zambia Plc

Ms. Chiwala Mwelwa

Absa Bank Zambia Plc

Mr. Lesa Mulenga

Absa Bank Zambia Plc

Mr. Stanley Kaweme Tamele

Absa Bank Zambia Plc

Mr. Mukelebai Wambulawae

Absa Bank Zambia Plc

Mr. Blessings S. Banda

Absa Bank Zambia Plc

Mr. Kamwaya Hamoonga

Absa Bank Zambia Plc

Ms. Mabvuto Muranena Mumba

Absa Bank Zambia Plc

Mr. Mwamba Katongo

Absa Bank Zambia Plc

Mr. Mubanga Bwalya

Absa Bank Zambia Plc

Ms. Pruvilla Mweetwa Syankusule

Absa Bank Zambia Plc

Ms. Mwangala Lutangu

Absa Bank Zambia Plc

Mr. Calvin Sichilomba

Access Bank Zambia Limited

Mr. John Keyala

Access Bank Zambia Limited

Mr. Christopher K. Mwelo

Access Bank Zambia Limited

Ms. Nancy Lwisa Nambela

Access Bank Zambia Limited

Mr. Mwaaka Lwiindi

Access Bank Zambia Limited

Mr. Mukudzei-Ishe Zhou

Aflife Capital Zambia Limited

Ms. Lupupa Mulenga

African Banking Corporation

Mr. Danny Mulenga

African Banking Corporation Investment Services Limited(T/A ABC Asset Management)

Ms. Zangose Mwanza

African Banking Corporation Investment Services Limited(T/A ABC Asset Management)

Mr. Clifford Muzoka

African Banking Corporation Investment Services Limited(T/A ABC Asset Management)

Ms. Mubanga Nundwe

African Banking Corporation Investment Services Limited(T/A ABC Asset Management)

Mr. Geoffrey Musekiwa

African Life Financial Services Limited

Ms. Vanessa K. Wright

African Life Financial Services Limited

Mr. Jones Phiri

African Life Financial Services Limited

Mr. Mumba Musunga

African Life Financial Services Limited

Ms. Valarie M Mwiinga

African Life Financial Services Limited

Mr. Joseph Mazila

African Life Financial Services Limited

Ms. Nasilele Ngumbi

African Life Financial Services Limited

Mr. Jonathan Bupe Imakando

African Life Financial Services Limited

Mr. Elijah Chanda Kabaso

African Life Financial Services Limited

Mr. Eleutherius Chimansa Nyanga

African Life Financial Services Limited

Ms. Grace Soko

Altus Capital Limited

Ms. Justina Lunda Mukanzo

Altus Capital Limited

Mr. Ken Simwaba

Altus Capital Limited

Mr. Mataka Nkhoma

Autus Securities Zambia Limited

Mr. Bwalya Shula

BSGM Investments Limited

Ms. Chali Maria Mulenga

Citibank Zambia Limited

Ms. Ngosa Mary Kafwembe

Citibank Zambia Limited

Mr. Steven Chitete

Citibank Zambia Limited

Mr. Victor Zimba

Citibank Zambia Limited

Mr. Wesley Kakobela

Cork Veste Investments Limited

Mr. Vincent Chipimo Malekani

Cork Veste Investments Limited

Ms Claire Machila Lungwe

Chuuma Asset Management Limited

Mr. Patrick Mumba

Chuuma Asset Management Limited

Ms.Cecilia Sindano

Eco-Bank Zambia

Mr. Jack Sievu

Equity Capital Resources Plc

Mr. Choongo Chibawe

Equity Capital Resources Plc

Mr. Barkat Ali

Finance Securities Limited

Ms. Mwaba Ethel Mupinde

First Capital Bank Zambia

Mr. Malama Nicholas Mushinga

First Capital Bank Zambia

Mr. Lukwesa Munyinda

First Capital Bank Zambia

Mr. Gerald Ndhlovu

First National Bank Zambia Limited

Mr. Kapumpe Chola Kaunda

First National Bank Zambia Limited

Mr. Ignatius Innocent Kashoka

First National Bank Zambia Limited

Mrs. Naomi Hara Palale

First National Bank Zambia Limited

Ms. Nonde Nsomi

First National Bank Zambia Limited

Mr. Mulenga Kawimbe

First National Bank Zambia Limited

Mr. Rashid Senga

First National Bank Zambia Limited

Ms. Sizimutela Bwalya Chitundu

First National Bank Zambia Limited

Ms. Blessed Kumesa

First National Bank Zambia Limited

Ms. Kase Phiri

First National Bank Zambia Limited

Mr. Kateule Musonda

First National Bank Zambia Limited

Mr. Mutale Mupanga

First National Bank Zambia Limited

Mr. Ivor Oscar Christopher Thompson

First National Bank Zambia Limited

Mr. Mwiinga Patrick Nakalonga

First National Bank Zambia Limited

Ms. Hang’umba Cheelo Zenzo

First National Bank Zambia Limited

Mr. Alex Pensulu Chikwiba

First National Bank Zambia Limited

Mr. Ruan Wesseloo

First National Bank Zambia Limited

Mr. Richard Ndhlovu

First National Bank Zambia Limited

Ms. Chanda Bwalya

First National Bank Zambia Limited

Ms. Lusengu Kabalashi

First National Bank Zambia Limited

Mr. Moses Mfula

Hobbiton Investment Management Services Limited

Ms. Celine Phiri

Hobbiton Investment Management Services Limited

Mr. Yotamu Mwale

Indo-Zambia Bank Limited

Ms. Yvonne Simonga Muyanje

Indo-Zambia Bank Limited

Ms. Moobela Halwiindi

Indo-Zambia Bank Limited

Ms. Mwansa Bantubonse

Indo-Zambia Bank Limited

Mr. Tue Andersen

Kukula Capital Plc

Mr. Damien Harris

Kukula Capital Plc

Mr. Mphaso Banda

Kukula Capital Plc

Mr. Aaron Yobe Zulu

Laurence Paul Investment Services Limited

Mr. Martyn Banda

Laurence Paul Investment Services Limited

Ms. Namoonga Malambo

Laurence Paul Investment Services Limited

Ms. Chiwoni Soteli

Longhorn Associates Limited

Ms. Joy Nanyiza

Longhorn Associates Limited

Ms. Sindisiwe Malambo

Longhorn Associates Limited

Mr.Lewis Mwale

Longhorn Associates Limited

Mr. Marlon Nsofu

Longhorn Associates Limited

Ms. Blessing Chilombe

Longhorn Associates Limited

Mr. Brian Chilufya Chintu

Longhorn Associates Limited

Ms. Mercedes Mwansa

Madison Asset Management Company Limited

Mr. Mupanga Chilungu

Madison Asset Management Company Limited

Ms. Siphiwe Nkunika

Madison Asset Management Company Limited

Ms. Nkumbu P Pelekamoyo

Madison Asset Management Company Limited

Mr. David Mwape

Mukuba Financial Services Limited

Ms. Lyapa Mpempulwa

Money Acumen Advisory Limited

Ms. Theresa Gumbo

Money Acumen Advisory Limited

Mr. Ceaser Siwale

Pangaea Securities Limited

Ms. Tidale Mwale-Chisunka

Pangaea Securities Limited

Ms. Wendy Nsamwa Nglazi-Tembo

Pangaea Securities Limited

Ms. Chipo Mambwe

Pangaea Securities Limited

Ms. Kafinda Mulenga Kunda

Pangaea Securities Limited

Ms. Cecilia K. Siabusu

Providence Asset Management Limited

Mr. Eric Mbulwe

Prudential Pensions Management Zambia Limited

Mr. Jimmy Mwale

Prudential Pensions Management Zambia Limited

Mr. Ernest Kando

Prudential Pensions Management Zambia Limited

Mr. Matepa Chingambu

Prudential Pensions Management Zambia Limited

Ms. Joanna Mwendalubi Kabungo

Prudential Pensions Management Zambia Limited

Ms. Anowa Namukolo Changa

Prudential Pensions Management Zambia Limited

Ms. Lynnette Kasama Chinyanta

Prudential Pensions Management Zambia Limited

Ms. Chanda Claire Nachembe

Prudential Pensions Management Zambia Limited

Ms. Chenge Besa Mwenechanya

Stanbic Bank Zambia Limited

Ms. Chitemwe Ng’ambi Kapaya

Stanbic Bank Zambia Limited

Mr. Mwila Pascal Mwenya

Stanbic Bank Zambia Limited

Mr. Musenge Komeki

Stanbic Bank Zambia Limited

Mr. Penyani Mark Katemangwe

Stanbic Bank Zambia Limited

Ms. Prudence Khumbo Mhango

Stanbic Bank Zambia Limited

Mr. Kayeba Mwenechanya

Stanbic Bank Zambia Limited

Mr. Penyani Mark Katemangwe

Stanbic Bank Zambia Limited

Ms. Prudence Khumbo Mhango

Standard Chartered Bank Zambia Plc

Ms. Veronica Sinkala

Stanbic Bank Zambia Limited

Mr. Victor Chileshe

Stanbic Bank Zambia Limited

Ms. Musa Imakando Mzumara

Stanbic Bank Zambia Limited

Mr. Victor Mwembo Chishala

Stanbic Bank Zambia Limited

Mr. Benjamin N. Mulenga

Standard Chartered Bank Zambia Plc

Ms. Edna Towela Lungu

Standard Chartered Bank Zambia Plc

Mr. Joseph Chibwe Ngesa

Standard Chartered Bank Zambia Plc

Mr. Mubanga Yvonne Mukuka

Standard Chartered Bank Zambia Plc

Mr. Muchindu Lombe

Standard Chartered Bank Zambia Plc

Mr. Mulolwa Nkhata-Kamana

Standard Chartered Bank Zambia Plc

Ms. Mwaka Kalenga Mfula

Standard Chartered Bank Zambia Plc

Mr. Mwali Chisala

Standard Chartered Bank Zambia Plc

Mr. Ravi Kapadia

Standard Chartered Bank Zambia Plc

Ms. Tamara Mooya Bbuku

Standard Chartered Bank Zambia Plc

Mr. Wiggins Mupango

Standard Chartered Bank Zambia Plc

Ms. Valerie M Chulu

Standard Chartered Bank Zambia Plc

Mr. Fred C. Kabombo

Standard Chartered Bank Zambia Plc

Ms. Bwalya Kasito

Standard Chartered Bank Zambia Plc

Mr. Kangwa C. Chengo

Standard Chartered Bank Zambia Plc

Ms.Sarudzai Muchechemera

Standard Chartered Bank Zambia Plc

Mr. Brian Mufalali Chasimpha

Standard Chartered Bank Zambia Plc

Mr.William Mulenga

Standard Chartered Bank Zambia Plc

Mr. Okechukwu Christopher Okwu

Standard Chartered Bank Zambia Plc

Mr. Wiza Chinula

Standard Chartered Bank Zambia Plc

Mr.Chinyanta Nkonkomalimba

Stockbroker Zambia Limited

Ms. Lusekelo Chitundu

Stockbrokers Zambia Limited

Mr. Charles Mate

Stockbrokers Zambia Limited

Mr. Jack Kanyanga

Stockbrokers Zambia Limited

Mr. Boniface Mwamba

Stockbrokers Zambia Limited

Mr. Bwalya Mwape

Stockbrokers Zambia Limited

Ms. Tiwonge Banda

Stockbrokers Zambia Limited

Mr. Mchema Chinzewe

Stockbrokers Zambia Limited

Mr. Mwape Bwanali

Treasfin Limited

Mr. Gift Banda

United Bank for Africa Zambia Limited

Ms. Mwaka Kopakopa

United Bank for Africa Zambia Limited

Mr. Nyeji Ruth Chilembo

WCAP Limited

Ms. Karen Kabage Kapika

Zambia Industrial Commercial Bank Limited

Mr. Rudolph Ngulube

Zambia Industrial Commercial Bank Limited

Mr. Austin Hamukonka Chijikwa

Zambia National Commercial Bank Plc

Mr. Charles Kamungu

Zambia National Commercial Bank Plc

Mr. Cliff George Sakala

Zambia National Commercial Bank Plc

Mr. Fredrick Mulenga Kaputo

Zambia National Commercial Bank Plc

Ms. Kaluba Gloria Kaulugombe

Zambia National Commercial Bank Plc

Ms. Kunda Catherine Chikumbi

Zambia National Commercial Bank Plc

Ms. Virginia L. Mwalilino

Zambia National Commercial Bank Plc

Mr. Lishala Clarence Situmbeko

Zambia National Commercial Bank Plc

Mr. Tiyeze Chilembo

Zambia National Commercial Bank Plc

Ms. Nana Mukwiza

Zambia National Commercial Bank Plc

Mr. Gerald Soko

Zambia National Commercial Bank Plc

Mr. Kawangú Sakuwaha

Zambia National Commercial Bank Plc

Mr. Siangazi Innocent Malcome

Zambia National Commercial Bank Plc

Mr. Mudenda Sikapoto

Zambia National Commercial Bank Plc

Ms. Ivor Chambwe

Zambia National Commercial Bank Plc

Mr. Roy Mbazima

Zambia National Commercial Bank Plc

Mr. Jibinga Kelly Jibinga

Zambia National Commercial Bank Plc

Mr. Kennedy Zeula

Zambia National Commercial Bank Plc

Mr.Bill Njamba

Zambia National Commercial Bank Plc

Mr. Calvin Sichilomba

Access Bank Zambia Limited

Need Help?

If you are unsure about the licensing status of a market participant or wish to report suspected unlicensed activity

List of Dealer’s Representative License

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