Ken Kandodo MP |
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Minister of Finance | |
In office 15 June 2009 – 8 September 2011 |
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President | Bingu wa Mutharika |
Preceded by | Goodall Gondwe |
Succeeded by | Ken Lipenga |
Member of Parliament Kasungu Central | |
Assumed office 19 May 2009 |
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Personal details | |
Nationality | Malawian |
Political party | Democratic Progressive Party |
Relations | Hastings Banda |
Alma mater | University of Malawi, University of Strathclyde |
Occupation |
Politician (MP, Cabinet minister) |
Profession | Accountant |
Ken Kandodo is a Financial Manager, MP and politician who was appointed Malawi's Minister of Finance on 15 June 2009. As of 8 September 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.
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. 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.
Kandodo became a senior member of the Malawi Congress Party. In 2006 he joined the Democratic Progressive Party. Kandodo was elected Member of Parliament for Kasungu Central in May 2009. He was appointed Minister of Finance on 15 June 2009, replacing Goodall Gondwe. 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 mismanagement. This led to the nationwide economic based July, 20th 2011 Malawi protests. Kandodo was replaced after 2 months after the protests by Ken Lipenga as part of the Cabinet reshuffle that occurred on 8 September 2011.