Rajan Mahtani vows to complete Sata’s dream

In a conference held in late November 2014, Finance Bank Chairman, Rajan Mahtani mourned for Michael Sata as his loss for Zambia was priceless. Sata was not only a man of high principles, but also a visionary who had seen Zambia as a developing nation in years to come. However, with the sad demise of Sata, the whole mission was left in half way. Rajan Mahtani, a believer of Sata’s dream and his close friend took the initiative of continuing with his project and give it a shape.

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As per the statement of the Finance Bank Zambia Chairman, Rajan Mahtani, his bank is soon going to begin share trade on the Lusaka Stock Exchange. The company has already been listed and is likely to start its operation of share trade from the first quarter of 2015. In the meantime, the long negotiation with Malawi Government has finally been settled and Finance Bank of Zambia will start its operations in Lilongwe, the capital city of Malawi from December 15, 2014. With the spree of developments in Zambia, it looks evident that Rajan Mahtani is all set to fulfil Sata’s dream by strengthening the economy and promoting healthy developmental plans for Zambia and nearby nations.

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In his speech, Rajan Lekhraj Mahtani also mentioned his interest to get his bank listed on the London Stock Exchange’s Alternative Investment Market (AIM) whereby his bank would enjoy the benefits of dual listing. The Finance Bank of Zambia will float 25% of its shares with a view to raise US $250 million and has converted in to a public limited company.

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