The majority of the board of directors of a banking institution, as well as its Chairman and Principal Officer, must be citizens of Eswatini.
"Interpretation
2. In this Act, unless the context otherwise requires:[...]
"financial institution" means any person licensed under this Act to carry on banking business;
[...]
Board of Directors.
56. (1) Within a period of six months from the coming into force of this Act, the board of a financial institution shall consist of not fewer than five or more than fifteen directors of which at least 50% shall be Swazi citizens including the Chairman and the principal officer of
the financial institution shall be a member of the board. 
[...]
Bylaws.
63. The Bank shall make Bylaws, including prescribing:[...]
(j) minimum shareholding to be held by Swazi citizens; and
(k) a time limit for localization of senior management positions.[...]"(FINANCIAL INSTTTUTIONS ACT No 6 of 2005)

FINANCIAL INSTTTUTIONS ACT No 6 of 2005
[<a href="https://www.centralbank.org.sz/wp-content/uploads/2021/03/FIA-2005-optimized.pdf">Act</a>]