Ken Kandodo

Ken Kandodo is a Financial Manager, MP and politician who was appointed Malawi's Minister of Finance on June 15, 2009.[1]. As of September 8th 2011, he is no longer finance Minister in Malawi due to the reshuffle in the Cabinet of Malawi.

Kandodo is a grand nephew of former president Hastings Banda. He is a Chewa from the midlands of Malawi.[2] He attended the University of Malawi, graduating in 1983 with a BSc in Social Science, majoring in economics. He attended the University of Strathclyde in Scotland, where he obtained an MBA degree in Finance.

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Career

Accounting and Finance Career

He worked as an Auditor with KPMG for ten years in the United Kingdom, Malawi and Mozambique. He was appointed a lead Consultant for UNICEF, holding this position for six years. He was UNICEF's Lead Consultant in a project in Mozambique to develop financial systems for managing the HIV/AIDS Common Fund. Before being elected to parliament, Kandodo was Chairperson of the Lilongwe Water Board and the National Food Reserve Agency.[1]

Political Career

Kandodo became a senior member of the Malawi Congress Party. In 2006 he joined the Democratic Progressive Party.[2] Kandodu was elected Member of Parliament for Kasungu Central in May 2009.[1] He was appointed Minister of Finance on June 15, 2009, replacing Goodall Gondwe.[3]

Zero Deficit budget

Ken Kandodo introduced the unpopular Zero Deficit Budget in Malawi in 2011 under the Bingu wa Mutharika administration. This was an unpopular bill during a time of economic crisis in Malawi that lead to unprecedented levels of fuel shortage, forex exchange and general economic mismangement.[4] This led to the nation wide economic based July, 20th 2011 Malawi protests.[5] Kandodo was replaced after 2 months after the protests by Ken Lipenga as part of the Cabinet reshuffle that occurred on September 8th 2011.[6]

Philanthropy

He is sponsor of the Ken Kandodo Trophy, which presents awards to soccer and netball teams in and around Kasungu.[7]

Personal Life

His cousin, Jane Dzanjalimodzi, was appointed First Secretary to the Malawi Mission in Egypt in November 2010.[8]

References