Find out more about ZCCM Investments Holdings Plc board of directors

The ZCCM-IH Board of Directors continues to operate by enforcing good corporate governance practices and observing the separation of powers between the Directors and Management on one hand and the Chairman of the Board and the Chief Executive Officer on the other.

ZCCM-IH is led by a Board of Directors whose membership comprises leading figures from private commerce and Government institutions, namely:

The Chairman and at least one Director who are nominated from the Private Sector;
Permanent Secretaries (Chief Executive Officers) in the Ministry of Finance & in the Ministry of Mines and Minerals Development; and
Representative of the Minority Shareholders;
The Chief Executive Officer of ZCCM-IH

The current directors of ZCCM-IH are as follows:

Mr. Eric Silwamba, Chairman

Mr Silwamba is the Principal Partner at Messrs Eric Silwamba, Jalasi and Linyama Legal Practitioners. He holds a Bachelor of Laws Degree with Merit (LL.B) from the University of Zambia. Mr Silwamba is an Advocate of the High Court of Zambia enjoying the rank and dignity of State Counsel. He has over 30 years’ extensive experience in both private and public practice.

Mr Silwamba was elected Member of Parliament for Ndola Central Parliamentary Constituency in October 1991 and was re-elected in 1996 and 2001. He served in very senior positions in government including as former Deputy Minister of Information and Broadcasting Services, Deputy Minister (Special Duties) Office of the President, Minister of Presidential Affairs and Minister of Justice and Government Chief Whip.

Mr. Silwamba has had the opportunity of handling some of the most complex and high-profile litigation in Zambia that relate to mining, commercial law, tax, administrative, criminal and constitutional law. He is also a member of the Chartered Institute of Arbitrators of the United Kingdom and a qualified legal draftsperson.

Mr. Kakenenwa Muyangwa, Board Chairperson

Mr. Kakenenwa Muyangwa is a business professional with a wealth of experience spanning over 35 years. His areas of expertise are in business transaction negotiations, business planning and strategy, corporate recoveries, turnarounds, audits, as well as metals and concentrates trading and financing.

His valuable experience was gained during his tenures as Chief Internal Auditor, Administration Manager, and Sales and Marketing Manager at Konkola Copper Mines Plc (“KCM”). Mr. Muyangwa later ventured into regional metal marketing and mining investment management for firms in Madagascar, South Africa, and Botswana, and spent several years in Audit and Business Advisory services with PricewaterhouseCoopers (“PWC”) in Zambia and the United Kingdom (“UK”).

Mr. Muyangwa has represented ZCCM-IH on the Mopani Copper Mines Plc (“MCM”), CNMC Luanshya Copper Mines Plc, and Kariba Minerals Limited (“KML”) Boards of Directors. He is currently engaged as a long-standing consultant of the Abidjan, Cote d’voire-based special operations unit of the African Development Bank (“ADB”), and also sits on the First National Bank Zambia Limited (“FNB”) Board of Directors as a Non-Executive Director.

Mr. Muyangwa is also a mining expert whose association with the industry dates back to 1987. He served as a Senior Assistant Mining Engineer at the former Nchanga Division of the Zambia Consolidated Copper Mines (“ZCCM”) for several years.

Mr. Muyangwa holds a Bachelor’s Degree in Mining Engineering from Imperial College of Science and Technology in London and is a Fellow of the Association of Chartered Certified Accountants (“ACCA”).

Mr. Mubita Akapelwa, Vice Board Chairperson

Mubita has a rich experience in the mining, energy, retail, and distribution sectors. He has served in top leadership roles as the Regional Manager for Chevron Central and Southern Africa (Retail), presiding over Zambia, Botswana, Namibia, Malawi and Zimbabwe, and as Chief Executive Officer of Engen Petroleum Tanzania Limited. Has strong analytical and interpersonal skills, and is firmly grounded in Strategy formulation, Project Evaluation, and Business Processes. Has wide exposure and experience in dealing with public and private sector stakeholders in the East African Community (EAC) and Southern Africa Development Community (SADC) regions. He began his career as a Senior Assistant Engineer at the Tailing Leach Plant (TLP) of Nchanga Division (ZCCM).

Mubita is a past Chairman of the Board of the Tanzania Association of Oil Marketing Companies and served on the Board of Directors of the Petroleum Importation Coordinator Limited (PICL) during the transition from an own importation system to the more structured and sustainable Bulk Procurement System (BPS).

Mubita is an Independent Non-Executive Board Member of ABSA Zambia PLC, serves as the Lead Consultant for an energy advisory firm and is a Director of Mukuyu Energy Limited. He has volunteered on the advisory Board of St Ignatius College, a co-educational Jesuit secondary school located in Lusaka, for the past five years.

Mubita has a BSc (Eng) degree in Mechanical Engineering from the University of London (King’s College), and an MBA (Corporate Finance) from the University of Lincoln, UK. Mubita is a member of the Institute of Directors of Zambia (IODZ), and an Associate of the Chartered Institute to Arbitrators (UK).

Member of Investments Committee
Member of Audit Committee

Dr. Ndoba Joseph Vibetti, Chief Executive Officer, Executive Director

Dr. Vibetti has over 35 years of experience in the mining, finance, investment, and academia sectors. He has spent the greater part of his career with the Industrial Development Corporation of South Africa (“IDCSA”) where he held various senior roles. Roles held at IDCSA include Senior Projects Manager, Subject Matter Expert in Mining and Industrial Development, and most recently Mining and Metals Consulting Dealmaker where he led the Corporation’s investment efforts in the Democratic Republic of Congo (“DRC”).

Dr. Vibetti’s finance and investment experience comes from various senior roles held at Standard and ABN Amro Banks, while his experience in academia comes from his tenures at the University of Zambia (“UNZA”) in Lusaka, and the University of the Witwatersrand in South Africa. He lectured extensively in geology and authored several articles during his tenures at both learning institutions.

Dr. Vibetti holds a Bachelor’s Degree in Mineral Science from UNZA, a Master’s Degree in Business Administration (“MBA”) from the University of the Witwatersrand, and a Doctorate of Philosophy (“PhD”) from the University of Western Ontario in Canada.

Member of Audit Committee
Member of Investments Committee
Member of Renumerations Committee

Mr. Philippe Taussac, Board Member – Non-Executive Director

Mr Philippe G Taussac was appointed as a Non-Executive Director to the ZCCM-IH Board on 21 March 2014. He is representing the minority shareholders on the ZCCM-IH Board. He has been a ZCCM-IH Shareholder since early 2000. Mr Taussac brings to the Board many years of Business Management experience. He is currently Chief Executive Officer for ABC Informatique an IT Services Company based in France where he has worked from 1985. He also worked as Managing Director for ALTISOFT, a software engineering company for 10 years from 1994 to 2004 and is a Managing Director for 3 real Estate Companies.

He holds a Mechanical-Electrical Engineering Degree. He is a Fellow of the “Grande Ecole d’Ingénieurs” Ecole Spéciale des Travaux Publics de Paris.

Member of Audit Committee
Member of Investments Committee

Mr. Muyangwa Charles Muyangwa, Board Member – Non-Executive Director

Mr. Muyangwa currently holds the position of Director General at the National Pension Scheme Authority (NAPSA) with over thirty (30) years of experience in financial services, customs and revenue administration, and capacity building. He recently held a Senior Economist role at the International Monetary Fund and has further held other roles that include Commissioner for Value Added Tax and Customs Services at the Zambia Revenue Authority (ZRA) where he contributed to domestic revenue mobilisation in Zambia. He has served in similar roles as the latter in Sub-Saharan Africa and the Caribbean where he helped improve domestic revenue mobilisation capacities through developing and implementing medium term revenue strategies and supporting reforms.

Mr. Muyangwa is a holder of a Master’s Degree in Business Administration with a Fiscal Management focus from Bath University in the United Kingdom. He also holds a Bachelor of Business Administration attained from the Copperbelt University (CBU) in Zambia.

Member of Investments Committee
Member of Remunerations Committee

Mrs. Masitala Nanyangwe Mushinga, Board Member – Non-Executive Director

Mrs. Mushinga’s experience spans over a decade in public debt policy formulation, implementation, and external debt management. She is currently the Acting Director for Investment and Debt Management at the Ministry of Finance and National Planning.

Mrs. Mushinga has served in various other senior roles within the Ministry of Finance and National Planning. These include; Assistant Director, Principal Economist, Senior Economist, as well as External Debt, Investment, and Debt Manager among others.

Mrs. Mushinga holds a Bachelor’s Degree with a Development Studies Major and an Economics Minor from the University of Zambia (“UNZA”), as well as a Master’s Degree in Economic Policy Management also from UNZA.

Member of Audit Committee
Member of Remunerations Committee

Mr. Moses S Nyirenda, Board Member – Non-Executive Director

Mr Moses Smart Nyirenda is the Director – Human Resource and Administration at the Ministry of Mines and Minerals Development (MoMMD). He holds a Master of Sciences-Human Resource (HR) Management, a Bachelor of Sciences – Human Resource Management and a Diploma in Personnel Management. He is a member of the Zambia Institute of Human Resource Management. Mr Nyirenda has 33 years of civil service experience specialising in public administration. Mr Nyirenda has vast experience at senior management level. Prior to his appointment at Director level, he held positions of Assistant Director – HR and Administration and Administrative Officer, amongst others.

Mr Nyirenda has served in various capacities in other Ministries either on secondment or attachment on special duties which included the secondment to Medical Stores Ltd as a Government Liaison Officer to oversee the restructuring of medical stores to a management contract company from a government run parastatal. During his career, Mr Nyirenda has sat on various Ministerial Committees and Committees of parastatal companies such as ZAMTEL and Zambia Railways Ltd.

Member of Investments Committee
Member of Remunerations Committee

Bishop John H Mambo, Board Member – Non-Executive Director

Bishop John H Mambo is a multi-lingual, dynamic leader within Zambia and beyond. He holds a Masters in Business Administration from Langwith College, University of York in England. His career includes pastoral, community and public service with corporate experience. He has more than twenty-five years devoted to spreading the word of God whilst being deeply involved in caring for vulnerable and orphaned children in the rural communities. He was also the regional overseer for the Church of God for a number of years, his last position being Suprintendent in charge of East, Central and Southern Africa.

Bishop Mambo has served in various capacities which include amongst others, Board Chairman for the Programme against Malnutrition, General Manager for Chekos Group (Zambia) and as Assistant Air Traffic controller for the Department of Civil Aviation. He has also served in various public appointments which include the Chairman of Foresight Investments in 2019, the Board of Mulele Mwana Old People’s village as well as Chairperson for Civic Society for Constitutional Agenda (CISCA) in 2017, amongst others.

Member of Audit Committee
Member of Remunerations Committee