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

Mr. Mabvuto Chipata, Chief Executive Officer, Executive Director

Mr. Chipata joined the Company in July 2012. He has worked as Finance Director for Zambia Postal Services Corporation; Managing Director for Intermarket Securities Zambia Limited; and Chief Operating Officer, Chief Financial Officer and Head of Treasury for Intermarket Banking Corporation Zambia Limited. He has also served as Finance Manager for Professional Insurance Corporation Zambia Limited and Chief Accountant for National Milling Company. He has over 15 years senior management experience in Accounting, Finance and Investment management in a cross-section of industries.

Mr. Chipata holds a Bachelor of Accountancy Degree and is a Chartered Certified Accountant (FCCA). He is also a trained Stockbroker and a Fellow of the Zambia Institute of Chartered Accountants.

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. Yollard Kachinda, Non-Executive Director

Mr. Yollard Kachinda was appointed to the ZCCM-IH Board in January 2017. Mr. Kachinda brings with him a wealth of progressive experience spanning over 26 years. He is the Director-General of NAPSA. Mr. Kachinda started his career as a Statistician at the Central Statistical Office before joining the Zambia National Provident Fund (ZNPF) where he held various senior positions including that of Assistant Research and Development Manager. He played a pivotal role in providing technical advice on the transformation of ZNPF to NAPSA. Mr. Kachinda has worked for NAPSA since its inception where he has held senior positions including, Manager Actuarial and Research and Director Contributions and Benefits.

Mr. Kachinda is a member of the Interim Board of the Pensions and Insurance Authority (PIA) and Chairman of the Board of Trustees of the Lusaka Trust Hospital Staff Pension Scheme. He holds a Bachelor of Science Degree (Education) majoring in Mathematics and Statistics from the University of Zambia and a Master of Science Degree in Social Protection Financing from the Maastricht University of the Netherlands.

Member of Audit Committee
Member of Remunerations 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