In compliance with Section 3.59 of the Lusaka Securities Exchange Listing Rules (“LuSE Rules”), ZCCM- IH wishes to inform shareholders that Mr. Muchindu Kasongola retired from the Company’s Board of Directors (“the Board”) with effect from 25 November 2022. The ZCCM-IH Board thanks Mr. Kasongola for his contribution to the Company and wishes him well in his future endeavours.
Furthermore, the Board wishes to announce the appointment of Mr. Brian N. Nalishuwa as Director of the Board effective 7 December 2022. Mr. Nalishuwa is an Investments Professional with key expertise in Investments and Finance, Treasury and Investments, Corporate Strategy and Mergers and Acquisitions. His experience spans over twenty (20) years in the power energy, mining and infrastructure, manufacturing, agriculture, and services sectors. He is currently Acting Chief Investments Officer at the Industrial Development Corporation (“IDC”), and has in the recent past, acted as Non-Executive Director on the boards of some IDC’s subsidiaries and investee companies.
The Board wishes to congratulate Mr. Nalishuwa and is confident that he will diligently discharge his duties as a Director of the Board.