Governance (PSMB)
The PSMB is an autonomous sub-structure of the SADC Banking Association overseen by the SADC Payment System Oversight Committee (PSOC).
The committee members include one representative from each of the countries live in the SADC-RTGS, SADC BA and Observers from SADC PSOC. Currently Lesotho, Swaziland, Namibia, South Africa, Malawi, Zambia, Zimbabwe, Seychelles, Angola, Mozambique, Botswana, Mauritius, Tanzania, DRC and Madagascar are live.
About the Payment Scheme Management Body (PSMB)
When a new country joins SADC-RTGS, an invitation is issued to
the Banking Association of the country to invite them to nominate
a country representative on to the PSMB.
The committee members are chosen for their local banking
knowledge, nominated by their Banking Association and approved
by the Nominating and Governance Committee – a sub –committee
of the SADC BA Board.
The PSMB administers various payment streams, creates rules,
process of compliance and maintains on-going development and
meets business and regulatory changes. This is a formally structured
group that meets at least 3 times a year.
For more information kindly email
Ms Lungiswa Mbambo at lungim@sadcbanking.org or Tel:011 645 6718
PSMB Member – Governance
Patricia Guerra
Daniel Kasongo
Daniel Mohau (Chairperson)
James Chikoti (Deputy Chairperson)
Camal Daude
Muyendekwa Ngenda
