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“I Believe in Influence, not Accumulation”: Dr Lance Mambondiani

Prominent banking executive, Dr Lance Mambondiani is motivated by influence rather than affluence. “I am not driven by materialism, I believ...

Prominent banking executive, Dr Lance Mambondiani is motivated by influence rather than affluence.

“I am not driven by materialism, I believe in changing people’s lives. I don’t believe in accumulation of wealth but influence,” Dr Mambondiani stated, when Emperors of Success, probed about his net worth.

Though he has been poor before, he now concentrates on growing future generations and having an impact on disadvantaged lives. “Action defines who we are as an organisation. We believe in equipping the next generation, they must do things ten times faster than us,” he explained.

The cheery executive glitters when he speaks of the two women in his early life – his grandmother and mother, who influenced his way of thinking. The two toiled every day, today, he is driven by the same philosophy. “From a young age, I knew I needed to be strong. If didn’t do it for me, maybe I would end up in an orphanage. I was not hardworking in primary but in secondary school, I changed and adopted principles that define me,” recalled the respected banker.

“I was going to work hard, I wanted to be a top student at my school and region. I wrote an exam in a hospital because I had not slept for many hours,” he added.
“I Believe in Influence, not Accumulation”: Dr Lance Mambondiani
“I Believe in Influence, not Accumulation”: Dr Lance Mambondiani

Hard work can be an equaliser for the less talented, according to the BancABC Zimbabwe MD. “If I can’t outsmart you, I will outwork you. If you work a bit harder than those talented than you, you can equalise,” he emphasised. “In school I was nerd, and I believed strongly in hard work.”

After graduating as a lawyer, he worked briefly at a law firm, however, he landed in the banking sector. Nowadays, he refers to himself as an “accidental CEO”. But that coincidence has become his passion. “I like fast-paced environment, I have always been an adrenalin person. I fell in love with banking working at a local bank,” he confided to the online channel, admitting that “practicing law has taught me a lot of things, it teaches you to be critical in your thinking.”

The CEO believes innovation plus manufacturing, not car sales will revive the economy. “You are as good as your last invention. Innovation is making people’s lives better and cheaper. I believe in digitalisation, supporting entrepreneurs by changing the business environment.” He added: “We have become a car sales generation. You don’t grow an economy reselling goods made elsewhere.”

Elevation to influential posts came to him as a surprise. “I have never applied for any CEO positions that I worked in. I have no idea what people see in me, you have to ask them. When have you are exposed you become more daring,” mentioned Dr Mambondiani. “There is a different way to do things. My philosophy is I believe in the extraordinary. I am not a patient person, I like speed.”

Quizzed about his future endeavours, the 48-year-old says he has become a lot wiser. “I don’t know what the future holds but I much wiser than before. Despite our imperceptions, one of our responsibilities as leaders is to inspire other people,” he said. “I don’t believe leadership is not a position, it is an influence. I believe in humanity, motivating each other.”
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