BOARD OF DIRECTORS

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. Fredson Kango Yamba, Vice-Chairman

Mr Yamba is currently serving as Secretary to the Treasury in the Ministry of Finance. Mr Yamba’s career spans over thirty years mainly in the Civil Service. Prior to his appointment as Secretary to the Treasury, Mr Yamba was Director at the National Institute of Public Administration (NIPA) under the Research, Consultancy and Development Division.
Mr Yamba has worked at the Ministry of Finance in various portfolios including Chief Budget Analyst and Acting Director. He also served as Director in the Ministry of Commerce, Trade and Industry in the Planning and Information Department. He has, in the past, provided consultancy services for different Ministries including Education, Judiciary and Finance.

Mr Yamba has vast experience at serving as Non-Executive Director on various Boards and currently serves as Director on Mofed (Chairperson), Bank of Zambia, Zambia Revenue Authority and the Millennium Challenge Corporation (Chairperson).

Mr Yamba holds an MSc in Development Finance and a Bachelor’s Degree in Economics and Public Administration. He has also received various training and certification in Budgeting in the Public Sector, Investment Appraisal and Management and Macroeconomic Policy Management from the Harvard University, USA.

Member of Renumerations Committee

Ms. Dolika E. S. Banda, Board Chairperson

Ms. Dolika E S Banda has extensive and deep experience in development finance, and is an Independent Consultant focused on accelerating impact-driven transformational economic development in emerging markets, with a particular focus on sub-Saharan Africa integration.

Equipped with natural leadership talent and proven decisive business acumen, Ms Banda is a globally exposed and versatile C-suite executive, bringing over 30 years of emerging markets development finance experience with a global purview. She has had oversight for portfolios of several billion US-dollars across the globe, managed by diverse multi-cultural teams in multiple geographic locations.

With an over 36-year career, Ms Banda has held senior positions with Citibank Zambia, Barclays Bank Zambia, the World Bank Group’s International Finance Corporation (IFC), the UK government’s development finance institution (CDC Group Plc) and the African Union’s African Risk Capacity Insurance Company (ARC Ltd). With a focus on banking and finance, her international experience combines operational investments as well as policy advice. She has worked across the globe, including Africa, Latin America and the Caribbean, Europe, Central Asia and the United States of America.

Ms Banda has served in various capacities including being the CEO of the African Risk Capacity Insurance Company (ARC Ltd), and worked for the IFC for 16 years from 1996 to 2012, mainly based in Washington DC. Her current board directorship roles include; CARE International USA, CDC Group Plc and Harith General Partners in South Africa.

Ms Banda’s board skills include Business alliances, Financial leadership, Financial management, Organizational leadership, Policy optimization, Relationship management, Shareholder accountability and Strategic planning.

Mr. Tisa Chama, Acting – Chief Executive Officer, Executive Director

Mr. Chama is a Mining Engineer with over 25 years of working experience in the mining industry, having worked in various technical and operational roles. He has worked at operating mines in Zambia, Namibia, East Africa, and West Africa. He has worked for ZCCM, KCM, Rio Tinto, AGA, and Barrick as Planning Manager.

Prior to joining ZCCM-IH in November 2020, Mr. Chama worked as Senior Principal Mining Engineer at AGA, Africa Region based at the corporate office in Johannesburg, South Africa. Mr. Chama has worked as a consultant on various projects from concept to feasibility levels of study covering various commodities. He has delivered on projects including Greenfield and Brownfield projects. He has a background of working in developing countries, having worked in different African countries providing project management and lead mining technical roles. His experience covers a range of commodities including copper, cobalt, uranium, and gold.

Eng. Chama is a Registered Engineer with the Engineering Institution of Zambia (EIZ) and is a member of the Southern African Institute of Mining and Metallurgy (SAIMM). He holds a Bachelor of Mineral Sciences in Mining Engineering from the University of Zambia and an MBA from the Free State University (SA.)

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

Mr. Philippe Taussac, 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. Mateyo C. Kaluba, Non-Executive Director

Mr Kaluba is currently the Chief Executive Officer of the Industrial Development Corporation Limited (IDC) of Zambia. Mr Kaluba has experience in industrial development policy and planning, economic policy and planning; strategic planning; policy research; and monitoring and evaluation. He has served in senior positions in the Public Service including, Director Planning and Information in the Ministry of Commerce, Trade and Industry; Interim Director, Business Regulatory Review Agency; Advisor to the Chief Executive Officer on Policy & Strategy – IDC and Special Assistant to the Minister of Commerce, Trade and Industry.

He has served as a Board Member on various public and private institutions. Mr Kaluba holds a Master’s Degree in Public Administration, a Master’s Degree in Business Administration and a Bachelor’s Degree in Business Administration.

Member of Audit Committee
Member of Investments Committee

Mr. Michael Chibonga, Director

Mr Chibonga is a Director at the Mining Cadastre Department at the Ministry of Mines and Minerals Development (“MoMMD”). He holds a Bachelor of Mineral Sciences-Mining Engineering from the University of Zambia and a Masters of Engineering Science-Project Management from the University of New South Wales in Sydney, Australia.

Mr Chibonga has vast experience at senior level management. Prior to his appointment as Director at the Mining Cadastre Department, Mr Chibonga held the position of Head-Mining Cadastre Unit from 2013 to 2018. He has worked at the Ministry in various portfolios, amongst others, Mining Engineer and Senior Mining Engineer. He has also worked at Konkola Copper Mines PLC between 2003 and 2005 when he was on secondment from MoMMD.

Member of Investments Committee
Member of Remunerations Committee

Mr. Gregory C Kabwe

Mr Gregory Chomba Kabwe serves as Director – Investment and Debt Management (IDM) under the Ministry of Finance and National Planning. Under this position he is responsible for managing public debt and Government investments to ensure debt sustainability, returns on investment and meet the financing requirements. He holds a Master of Science in Professional Accountancy and a Bachelor of Laws Degree. He is also a Fellow of both the Zambia Institute of Chartered Accountants and the Association of Chartered Certified Accountants. In his earlier studies, Mr Kabwe obtained a National Accounting Technician Certificate and a Science Laboratory Technician Advanced Certificate.

Mr Kabwe’s experience on Boards include serving as Non-Executive Director on Development Bank of Zambia and the Board of Zambia National Building Society. He has also sat on various Boards and Technical Committees of parastatal bodies

Member of Audit Committee
Member of Remunerations Committee

Mr. Moses S Nyirenda

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

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