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Frank Nakoma has a strong background in the banking sector, with their most recent position being the Head of Corporate Banking at NBS Bank starting in 2023. Prior to this, they worked as the Senior Manager Corporate & Institutional Banking at FDH Bank Plc from 2019 to 2023. From 2015 to 2022, Frank worked at Standard Bank Malawi as a Relationship Manager, where they effectively managed customer relationships and achieved growth in assets and liabilities. Before that, they were an Account Relationship Manager at Indebank Limited from 2009 to 2015.

Frank Nakoma completed their education at three different institutions. From 2020 to 2022, they attended Bangor University, where they obtained a Chartered Banker degree in the field of Banking and Finance. Prior to that, they pursued their Masters in Business Administration (MBA) specializing in Marketing at Indira Gandhi National Open University from 2010 to 2013. Lastly, between 2001 and 2005, Frank attended the University of Malawi- Chancellor College, although the degree obtained and field of study for this period are not provided.