ZCCM Investments appointed Fredson Yamba, Paul Chanda and Mateyo Kaluba to the Board as Non-Executive Directors

– ZAMBIA, Lusaka – ZCCM Investments Holdings wishes to announce the appointment of three Directors to the Board with effect from 15th December 2016. These appointments have been made subject to ratification by ZCCM’s shareholders at the next Annual General Meeting.

The appointed directors and their brief profiles are:

Mr Fredson Kango Yamba, appointed as Non-Executive Director and Vice Chairperson.

Mr Yamba is currently serving as Secretary to the Treasury in the Ministry of Finance. Mr Yamba’s career spans over thirty years mainly in the Civil Service. Prior to his appointment as Secretary to the Treasury, Mr Yamba was Director at the National Institute of Public Administration (NIPA) under the Research, Consultancy and Development Division.

Mr Yamba has worked at the Ministry of Finance in various portfolios including Chief Budget Analyst and Acting Director. He also served as Director in the Ministry of Commerce, Trade and Industry in the Planning and Information Department. He has, in the past, provided consultancy services for different Ministries including Education, Judiciary and Finance.

Mr Yamba has vast experience at serving as Non-Executive Director on various Boards and currently serves as Director on Mofed (Chairperson), Bank of Zambia, Zambia Revenue Authority and the Millennium Challenge Corporation.

Mr Yamba holds an MSc in Development Finance and a Bachelor’s Degree in Economics and Public Administration. He has also received various training and certification in Budgeting in the Public Sector, Investment Appraisal and Management and Macroeconomic Policy Management from the Harvard University, USA.

Mr Paul Mbotwa Chanda, appointed as Non-Executive Director.

Mr Chanda is Permanent Secretary in the Ministry of Mines and Minerals Development. He has worked in the Public Service since 1995 and held various positions including that of Chief Human Resources Management Officer in the Ministry of Finance and Assistant Director, Human Resources and Administration at Cabinet Office among others. Mr Chanda previously served as Non-Executive Director on the ZCCM-IH Board from November 2014 to July 2016. He has extensive experience serving on Boards of Directors having being a Non-Executive Director on various Boards including ZESCO, Indeni Oil Refinery and Zambezi River Authority.

Mr Chanda holds a Master of Arts Degree in Public Sector Management and a Bachelor of Arts Degree in Public Administration.

Mr Mateyo Cresta Kaluba, appointed as Non-Executive Director.

Mr Kaluba is currently the Acting Chief Executive Officer of the Industrial Development Corporation Limited of Zambia. Mr Kaluba has experience in industrial development policy and planning, economic policy and planning; strategic planning; policy research; and monitoring and evaluation. He has served in senior positions in the Public Service including, Director Planning and Information in the Ministry of Commerce, Trade and Industry; Interim Director, Business Regulatory Review Agency; Advisor to the Chief Executive Officer on Policy & Strategy – IDC and Special Assistant to the Minister of Commerce, Trade and Industry.

He has served as a Board Member on various public and private institutions. Mr Kaluba holds a Master’s Degree in Public Administration, a Master’s Degree in Business Administration and a Bachelor’s Degree in Business Administration.

The ZCCM-IH Board is confident that the appointed Director’s will use their vast knowledge, skills and qualifications to add immeasurable value to the Company.

For more information : http://www.zccm-ih.com.zm

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