Directorate Change (1239U)
2011年12月16日 - 4:40PM
RNSを含む英国規制内ニュース (英語)
TIDMZCC
RNS Number : 1239U
ZCCM Invs.Hldgs PLC
16 December 2011
APPOINTMENT OF MR. WILA D. MUNG'OMBA AS EXECUTIVE CHAIRMAN OF
ZCCM-IH
In line with Article 74(A) of the Articles of Association of
ZCCM Investments Holdings Plc (ZCCM-IH), the Minister of Mines and
Natural Resources, Honourable Wylbur Simuusa, MP, on behalf of the
Government of the Republic of Zambia, the majority shareholders of
ZCCM Investments Holdings Plc (ZCCM-IH,) is pleased to announce the
appointment of Mr. Wila D. Mung'omba as Executive Chairman of
ZCCM-IH with effect from 1(st) December 2011. Mr. Mung'omba takes
over from Mr. Alfred J Lungu who has served ZCCM-IH for a period of
4[1/2] years. The Minister commends Mr. Lungu for his contributions
to the company and the mining sector as a whole.
Mr. Mung'omba who is not new to the affairs of the company, has
in the past served as Group A Director of ZCCM Limited in 1996-98.
Between 1995-1998, Mr. Mung'omba was World Bank's appointed Team
Leader in the initial preparation of the ZCCM Limited privatization
Report and Plan by the UK based Investment Bank NM, Rothschild
& Sons and international law firm Clifford Chance. Later Mr.
Mung'omba was involved in the creation of the present ZCCM-IH.
Mr. Mung'omba is a distinguished lawyer of many years, a former
Executive Director of the International Monetary Fund, and former
President of the African Development Bank Group. For five years he
served as Non-Executive Director on the initial Board of the
Emerging African Infrastructure Fund (EAIF), a donor funded
financial instrument to encourage public and private sector
partnership in infrastructure development in Sub-Sahara Africa. He
is currently Chairman of Cavmont Capital Holdings Zambia Plc and
Chairman of Cavmont Bank.
Recently at an African Union Ministers of Trade meeting held in
Accra Ghana, Mr. Mung'omba was elected Chairman of the Pan African
Private Sector Trade Policy Committee. As Chairman, he will
coordinate all African private sector Trade Policy negotiations at
World Trade Organization (WTO) and at Regional Organizations such
as ECOWAS, COMESA and SADC.
The Minister congratulates Mr. Mung'omba on this appointment,
looks forward to his contributions towards achievement of the
Company's strategic objectives and wishes him success in his new
role.
Dr V. Mutambo
Permanent Secretary
Ministry of Mines and Natural Resources
This information is provided by RNS
The company news service from the London Stock Exchange
END
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