Investrust Bank has announced the appointment of Deophine Luswili as Non-Executive Director on the Banks board, according to a statement issued on SENS.
“In accordance with Section 3.59 of the Lusaka Securities Exchange Listing Rules, the Board of Directors of Investrust Bank Plc (“the Board”) wishes to announce the appointment of Mrs. Deophine Mulenga Luswili as a Non-Executive Director of the Company effective 22nd October 2019”, read the statement issued by Brian Msidi, Company Secretary on 7th November 2019.
Earlier this year, in a move that shocked the market, Investrust Bank Plc announced the resignation of three Non-Executive Directors from the bank’s board effective 11th March 2019. This was followed by the departure of Board Chairperson, Dr. Jacob Mwanza, who was replaced by Peter Banda.
According to the issued statement, “Mrs. Deophine Mulenga Luswili holds a Bachelor’s Degree in Accounting and Finance (B. Acc), and is a fellow of the Chartered Institute of Management Accountants (FCMA) and the Zambia Institute of Chartered Accountants (FZICA)”.
With over 20 years’ experience, Deophine is an expert in Accounting, Budget Planning and Control, Treasury, Risk management, Electricity Energy Accounting, Project Financing, Policy formulation, and Tax advisory from her time ZESCO Limited where she held a position as Deputy Director of Finance. She is currently CEO of a consulting firm, LMD Management consultants which focuses on Tax advisory services, Budgetary control, Treasury Management, Accounting services, Project Management among other services.
The Investrust has begun replenishing its boardroom and now has a member of the Zambia Institute of Directors (IODZ) joining their ranks. She is the first of 3 to join the Peter Banda board. Financial Insight will report on the next 2 when the announcements are made on SENS.
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