VETERAN banker, Lance Mambondiani is to step down from his post as Managing Director at BancABC.

He is now expected to leave within the next three months once a replacement has been

Most of the executives have left because, Atlas Mara the Major shareholders have disposed of their assets in Rwanda, Mozambique, Botswana and Zambia.

This could have contributed to him leaving but it is reported there was no fallout within the board.