MICHAEL M. MWABA
Lusaka
Summary
Fraud risk management professional with extensive experience in financial services. Expertise in fraud investigations, risk assessments and regulatory compliance, leading teams to improve detection strategies. Developed incident response plans that significantly reduced fraud risks. Committed to driving organizational growth through strategic initiatives.
Overview
16
16
years of professional experience
1
1
Certification
Work History
Senior Specialist - Fraud Risk Management
Zambia National Commercial Bank Plc
Lusaka
05.2024 - Current
- Executed investigations into cyber fraud incidents to identify vulnerabilities.
- Advanced forensic techniques to collect and analyze digital evidence effectively.
- Developed and implemented incident response plans to mitigate fraud risks.
- Supervised transaction monitoring team, providing training on detection and prevention strategies.
- Maintained knowledge of emerging forensic technologies and evolving cyber threats.
- Prepared detailed investigation reports, including case summaries and forensic examinations.
- Collaborated with Legal teams and law enforcement agencies as necessary.
- Delivered fraud awareness training to staff and stakeholders involved with banking processes.
Forensics Manager
MTN Zambia Limited
Zambia
12.2020 - 04.2024
- Led implementation of MTN Zambia Fraud Risk Management charter and strategy, aligning with MTN Group standards.
- Developed and executed proactive, risk-based fraud management plans to mitigate threats.
- Conducted comprehensive fraud risk assessments, delivering detailed reports to inform management decisions.
- Executed investigations into financial, cyber, and criminal fraud, providing actionable recommendations.
- Delivered fraud awareness training sessions to educate staff on prevention strategies.
Board Member
i-NetCom
<ul>
<li>Evaluated business proposals for alignment with corporate objectives and values.</li>
<li>Oversaw compliance with regulatory standards and ethical practices across organization.</li>
<li>Advised on financial planning to enhance resource allocation for sustainable operations.</li>
</ul>
01.2020 - 12.2022
- Evaluated business proposals for alignment with corporate objectives and values.
- Oversaw compliance with regulatory standards and ethical practices across organization.
- Advised on financial planning to enhance resource allocation for sustainable operations.
Board Member
Espeka Zambia Limited
<ul>
<li>Guided strategic initiatives enhancing company growth and expanding market presence.</li>
<li>Facilitated collaboration between board members and executive leadership for effective decision-making.</li>
</ul>
05.2020 - 05.2022
- Guided strategic initiatives enhancing company growth and expanding market presence.
- Facilitated collaboration between board members and executive leadership for effective decision-making.
Internal Audit & Investigation Specialist
Dangote Cement Plc
Zambia
01.2016 - 05.2020
- Conducted risk assessments to propose methods for mitigating, diverting, or eliminating identified risks.
- Evaluated business processes and controls, identifying areas for internal control enhancements.
- Supervised performance of internal audit and investigation analysts to maintain high standards.
- Developed annual risk-based audit plan to align with organizational goals.
- Advised process owners on improvements, fostering business and process optimization.
- Collaborated with law enforcement to gather evidence supporting criminal investigations.
Assistant Manager - Fraud
Airtel Networks Plc
Lusaka
03.2015 - 12.2015
- Investigated fraud and misconduct incidents, producing reports with actionable recommendations for management.
- Reported fraud cases to relevant authorities in Zambia for further investigation.
- Liaised with external investigators, providing logistical support to expedite case closures.
- Conducted risk assessments, measuring organizational risks and advising management on optimal actions.
- Performed internal audits across all business divisions, documenting findings in factual reports.
- Escalated fraud cases to Drug Enforcement Commission, Anti-Corruption Commission, and Zambia Police with comprehensive evidence.
- Executed IT system quality reviews according to approved audit plans.
Trainee to Senior Consultant
KPMG Chartered Accountants Zambia
Lusaka
01.2010 - 03.2015
- Developed technical and financial proposals to secure new business opportunities.
- Supervised engagement team members on audits, investigations, and various assignments.
- Conducted forensic investigations, internal audits, and tax computations for clients.
- Executed business valuations during mergers and acquisitions.
- Performed external audits for financial services, mining, and telecom industries.
- Delivered recruitment services for multiple clients across Zambia and the region.
- Completed six-month secondments in South Africa and Zimbabwe to enhance regional expertise.
- Led complex consulting projects for diverse clients in several industries.
Education
MBA - Finance
India
India07-2026
Certified Forensic Investigation Professional - Investigations
ACFIP
Kenya07-2025
Bachelor of Arts - Forensic and Investigative Auditing
University of South Africa
South Africa04-2015
ACCA Advanced Diploma - Accounting and Business
Zambia Centre For Accountancy Studies
Lusaka07-2013
Certified Accounting Technician - Accounting
National Institute For Public Administration
Lusaka12-2008
GCSE School Certificate -
Ndeke High School
Kitwe12-2005
Skills
- Fraud risk assessment and investigation
- Regulatory compliance
- Financial analysis and reporting
- Team collaboration and knowledge sharing
- Root-cause and failure analysis
- Coaching and mentoring
- Resource allocation and adaptability
- Problem-solving and crisis management
References
To be availed upon request
Certification
- Certified Forensic Investigations Professional
Languages
English
First Language
Timeline
Senior Specialist - Fraud Risk Management
Zambia National Commercial Bank Plc
05.2024 - Current
Forensics Manager
MTN Zambia Limited
12.2020 - 04.2024
Board Member
Espeka Zambia Limited
05.2020 - 05.2022
Board Member
i-NetCom
01.2020 - 12.2022
Internal Audit & Investigation Specialist
Dangote Cement Plc
01.2016 - 05.2020
Assistant Manager - Fraud
Airtel Networks Plc
03.2015 - 12.2015
Trainee to Senior Consultant
KPMG Chartered Accountants Zambia
01.2010 - 03.2015
MBA - Finance
India
Certified Forensic Investigation Professional - Investigations
ACFIP
Bachelor of Arts - Forensic and Investigative Auditing
University of South Africa
ACCA Advanced Diploma - Accounting and Business
Zambia Centre For Accountancy Studies
Certified Accounting Technician - Accounting
National Institute For Public Administration
GCSE School Certificate -
Ndeke High School