In compliance with the Securities Act and the Lusaka Securities Exchange (“LuSE”) Listing Requirements, ZCCM-IH announces the appointment of Mr. Teddy D. Mulonga as Non-Executive Director on the ZCCM-IH Board representing the National Pension Scheme Authority (NAPSA) which holds 15% shares in the Company. Mr. Mulonga was appointed to the ZCCM-IH Board on 31 October 2016.
Mr. Mulonga has vast experience spanning decades in senior management positions both in the private and public sectors. He has served in senior positions in the Government of the Republic of Zambia, including as Director General Zambia National Tender Board, Permanent Secretary in the Ministry of Labour and Social Security, Permanent Secretary Ministry of Sport, Youth and Child Development and also as Deputy Secretary to the Cabinet – Administration.
He worked for the Bank of Zambia and the Mutende Investments Group of Companies. He has served on various Boards including Ndola Lime Company, Kariba North Bank Limited and as Chairman of both Kariba Minerals Limited and the Local Authority Superannuation Fund. He also served as President of the Bible Society of Zambia.
He is currently serving as Board Chairperson for the National Pension Scheme Authority, Council Member of the Zambia Institute of Purchasing and Supply and Managing Consultant at TDM and Associates.
Mr. Mulonga is a graduate from the University of Zambia with a Bachelor of Arts Degree.
The ZCCM-IH Board is confident that Mr. Mulonga will contribute immensely to the development and realization of the goals of the Company.
By Order of the Board
Issued in Lusaka, Zambia on 29 November 2016
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First Issued on 29 November 2016