Alexander Reynolds unveiled MBL Holdings Limited Managing Director

By Chisomo Phiri

MBL Holdings Limited has unveiled a topnotch Chief Executive Officer David Alexander Reynolds as its new managing director (MD).

Reynolds replaces Leston Mulli who is now the Group’s Executive Chairman at board level and will be based in Dubai managing MBL Holdings Limited subsidiaries which are outside Malawi.

Speaking during the unveiling ceremony on Saturday morning at MBL Holdings Limited Head Office in Chigumula, Blantyre,Mulli said Reynolds is a man of vision who will take the Group to greater heights. 

Mulli handing over to Reynolds

“Reynolds is one of the topnotch Chief Executives in the world with over 25 years of experience. He has worked in various companies all over the world.

“He brings vast experience to our business and I expect the Mulli Brothers Limited Group of Companies to grow beyond what we are now,” said Mulli

In his remarks, Reynolds said his first task will be to identify and mentor correct team members to work with.

Reynolds holds a Bachelors of Science Degree in Agriculture with honors from the University of Edinburg in England.

He has worked with various multinational companies from different countries including United Kingdom, United States of America, South Africa, Kenya, Zambia, Senegal, Ivory Coast, Nigeria and Tanzania.

MBL Holdings Limited, which employees over 5000 Malawians, has business in food retailers, tea retailers, farming, agriculture, books, hardware stores, tourist information, and travel agents among others.

It owns Chombe Foods Limited, Mulli Brothers Limited and National Bus Company, among other ventures