Composition du nouveau Board

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Le détail est désormais en ligne sur le site Internet de ZCCM-IH (www.zccm-ih.com.zm)

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Board of Directors

The Board of Directors of ZCCM-IH has overall responsibility to protect the shareholders' investments and ensure the return on their investments is maximised whilst taking account of interests of other stake holders.

ZCCM-IH is lead by a Board of Directors whose Membership comprises leading figures from private commerce and Government institutions.

ZCCM-IH has three working Committees of the Board, namely the Audit, Investment and Remuneration Committees and the membership of each one is at least four directors.

The Audit Committee is responsible for ensuring that the company's financial statements and reports are accurate and use fair and reasonable estimates.

The Remuneration Committee is responsible for reviewing and recommending to the Board proposals for reward and compensation for senior executive members and staff of ZCCM-IH.

The Investments Committee oversees the investments of ZCCM-IH and is responsible for reviewing initial investment options, recommending investments projects to the Board, monitoring the investments and reporting on the performance of the company’s portfolio

The names of the current directors are indicated below:

- Mr. W D Mung’omba (Executive Chairman) - Appointed 1 December 2011

- Mr. J M D Patterson - Appointed 13 February 2012

- Mr. C Mwananshiku - Appointed 13 February 2012

- Ms. S Mutemba - Appointed 13 February 2012

- Dr. A Mwenda - Appointed 13 February 2012

- Dr. V Mutambo - Appointed 13 February 2012

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Mr. Cosmas MWANANSHIKU
Cosmas has vast experience in industry, government and donor- funded programs. Over the last ten years he has concentrated on entrepreneurial services, tax and consultancy work while maintaining his involvement in a number of liquidation, receivership and debt co-ordination assignments.

He has extensive experience in all aspects of direct and indirect taxation and advises a wide range of clients on technical queries and practical problems. He is responsible for updating Ernst & Young and all its clients on all developments in the area of taxation and for reviewing and commenting on new tax legislation and reports. He deals with the highest levels of tax consultancy and has had considerable experience with international organizations.

He is a partner in Ernst & Young Zambia.

Mr Cosmas Mwananshiku was appointed to the ZCCM-IH Board on 13th February 2012. He currently runs his own business. Mr Mwananshiku was an equity partner at Ernst and Young Zambia for 13 years and retired in 2009. He has specialisation in Tax Consulting, Corporate Recovery, Liquidations, Entrepreneurial Services, Finance Restructuring and Investments Appraisal amongst others. Mr Mwananshiku has served on several boards of directors of companies including ZESCO, NAPSA, and Intermarket Banking Corporation. Mr Mwananshiku is a Fellow of the following; Association of Chartered Certified Accountants and Zambia Institute of Chartered Accountants).

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Dr Victor MUTAMBO
Ministry of Mines, Energy and Water Development Permanent Secretary


Dr. Victor Mutambo was appointed to the ZCCM-IH Board on 13th February 2012. He currently serves as Permanent Secretary in the Ministry of Mines, Energy and Water Development. Dr Mutambo has worked in various positions at the University of Zambia including being an Assistant Dean in the School of Mines. His skill set has made him contribute significantly in strategic planning, and research relating to the field of mining. He has undertaken various consultancies in different sectors of the economy. Dr Mutambo holds a PhD in Engineering Sciences (underground mining) and a Master of Science in Engineering (with a specialty in underground mining of mineral deposits). He is a member of following; Engineering Institute of Zambia, Association of Industrial Hygienist of America, International Affairs Subcommittee for Africa and Emerge-Blended Collaborative Learning in Southern Africa.

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Dr Abraham MWENDA
Ministry of Finance Permanent Secretary

Retired 30.06.2012

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Mr John M D PATTERSON
en 2001 : John M.D. Patterson Technical Investment Manager ZCCM-IH

Mr J M D Patterson was appointed to the ZCCM-IH Board on 13th February 2012. He is currently a consultant in the mining industry. Mr Patterson has served in various senior positions in ZCCM-IH before and after privatisation (year 2000) including being Technical Director and Technical Manager. He has served on various boards of companies as independent non-executive director including Kansanshi Mining Plc (Alternate), Konkola Copper Mines Plc and Ndola Lime Company Limited. Mr Patterson holds a BSc in Electrical Engineering. He is a Fellow of the following; Institute of Engineering and Technology, UK, the Engineering Institute of Zambia, Chartered Management Institute, UK, and Institute of Materials, Minerals and Mining, UK.

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Ms Sophie Musakanya MUTEMBA

KCM to spend $680,000 on children's welfare
By Ritah Kanayi Fri 16 Oct. 2009,
KONKOLA Copper Mines (KCM) plans to spend US $680,000 (K3.1 billion) on improving the wellbeing of children by developing the lives of women and small-scale farmers in whose care the child is charged, human resource manager Sophie Mutemba has said.
http://www.postzambia.com/post-read_art ... icleId=490

Ms Sophie K M Mutemba was appointed o the ZCCM-IH Board on 13th February 2012. She currently runs her own business. Ms Mutemba has worked in various senior management positions including being Vice President, Human Resources, at Konkola Copper Mines Plc and as Superintendent Human Resources in ZCCM Limited. She has expertise in human relations, change management, staff training and development and performance management amongst others. Ms Mutemba has a BA in Public Administration and a Certificate in Executive Management. She is a Fellow of the Zambia Institute of Human Resources.

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Le 7ème (et avant-dernier membre peut-on espérer) : Dr. B K E Ng'andu - Appointed 02 April 2012

http://www.zccm-ih.com.zm/index.php?opt ... &Itemid=89

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Executive Deputy Governor - Operations Dr. Bwalya K. E. Ng'andu


Le 6 Octobre 2011
BoZ Gets New Deputy Governor
Zambia has appointed a new deputy governor at the central bank but has yet to name a new governor, the bank’s spokesman said.
“I can confirm that former Development Bank of Zambia managing director Dr Bwalya Ng’andu has been appointed deputy governor for operations at the Bank of Zambia,” central bank spokesman Kanguya Mayondi said.

Dr Bwalya K E Ng’andu was appointed to the ZCCM-IH Board on 2nd April 2012. He is currently the Deputy Governor-Operations at the Bank of Zambia. Dr Ng’andu has served at top management level in the private, public and international organisations including being Managing Director for Development Bank of Zambia, International Capital Corporation and National Credit and Savings Bank. His functional expertise is in banking, financial management and analysis and financial and economic research. He is widely consulted on the Zambian economic and business environment. Dr. Ng’andu has a PhD in Applied Psychology, an MSc in Ergonomics and a BA in Psychology and Business.

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Dans un article du Zambia Daily Mail paru le 18 septembre 2012 (http://www.daily-mail.co.zm/?p=14584) à propos de l'emprunt d'état international de 750 millions de dollar qui a été un succès quant à sa souscriptin, le gouverneur de la Bank of Zambia (BoZ) et membre du board de ZCCM-IH, s'est exprimé sur la question :

And Bank of Zambia deputy governor for operations Bwalya Ng’andu said, “The fact that we got so many investors coming demonstrates confidence that there is political stability in the country, which is important for them and that the way we are managing our economy is prudent and effective, and they are happy with it.”
Dr. Ng’andu said the US$750 million bond has set a benchmark at which Zambia can access future credit from the international market.
“It’s also a benchmark which the private sector can use to borrow money from the international market,” Dr Ng’andu said.

Le même jour un secon article est paru sur le Zambia Times of Zambia (http://www.times.co.zm/?p=12424) :

Deutsche Bank lauds Zambia
September 18, 2012 |By Maimbolwa Mulikelela

GERMANY’S has said Zambia’s US$750 million international bond is outstanding for an inaugural bond of an emerging market country like Zambia.
Speaking at Deutsche Bank offices on Wall Street in New York in America, Deutsche Bank head of bonds syndicate Nigel Cree said Zambia’s $750 million International bond was exceptional and terrific for an inaugural bond of an emerging market country.
Mr Cree said foreign investors were interested in Zambia’s economy.
“This is an exceptional and terrific result for an inaugural bond deal from emerging markets countries,” Mr Cree said.
“The response from the global investors from Asia, Europe and the United States was overwhelmingly positive to the story that Zambia was telling about their Zambian economy and the future of their economy,” he said.
Deutsche Bank and Barclays Bank were the lead managers and joint book runners for Zambia’s bond.
This is according to a statement issued in Lusaka by First Secretary for Press and public relations to America Chibaula Silwamba.
And Bank of Zambia (BoZ) governor Bwalya Ng’andu said the Government’s prudent management of the economy and political stability was the cause for attracting
foreign investors.
Dr Ng’andu who was part of the Zambian delegation that undertook two continental road shows seeking investors to back Zambia‘s US$750 million bond said the success of the tour was a vote of confidence.
“The fact that we got so many investors coming, demonstrates confidence that there is political stability in the country, which is important for them and that the way we are managing our economy is prudent and effective and they are happy with it,” Dr Ng’andu said.
Dr Ng’andu said Zambia had now built ‘a relationship with investors’ which would be relied upon whenever the country wanted to mobilise resources.
He said the $750 million bond had set a benchmark at which Zambia could access future credit from International market.
“It’s also a benchmark which the private sector can use to borrow money from the international market,” Dr Ng’andu said.
Zambia successfully issued its inaugural 10 years on Wall Street, the world’s top most financial hub, to the tune of $750 million.
This was on account of the exceedingly large order book with a total subscription of US$11.9 billion, at least 24 times over the intended $500 million, making it the largest order book for Sub-Saharan Africa.