Management Team

Find out more about ZCCM Investments Holdings Plc management team

ZCCM-IH is run on a day-to-day basis by a dedicated multi-disciplinary management team. The most apparent attribute of the team is its heterogeneous composition and cohesive nature. Each member of the team brings varied but complimentary skills that range from mining and chemical engineering, economics, project management, corporate finance, banking to investment appraisal and management. In essence, the skills set reinforces and mirrors the Company’s commitment to fulfilling an important role in Zambia’s economy.

The following is the composition of the management team:

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.

Mr. Tisa Chama, Chief Technical Officer.

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.)

Mr. Charles Mjumphi, Company Secretary.

Mr. Charles Mjumphi has a decade of experience in ZCCM-IH, having joined the company as a Corporate Officer in the office of the Company Secretary in 2013. He has since held various management roles within the company including Corporate Services Manager, Strategy Manager, and most recently Acting as the ZCCM-IH Company Secretary. During his tenure as Strategy Manager, he was also Zambia Gold Company Ltd Acting Chief Executive Officer on a secondment basis.

Prior to joining ZCCM-IH, Mr. Charles Mjumphi held the role of Project Development Coordinator/Advisor for Concern World from 2008 to 2012, and Business Research and Development Manager at Corporative League of United States of America from 1999 to 2004.

Mr. Charles Mjumphi holds a first Master’s Degree in Business Administration, and a second Master’s Degree in Business Administration with specialty in Strategy. He also holds a Business Practice Diploma, a Business Management/Administration and Marketing Diploma, as well as an Association of Chartered Certified Accountants (“ACCA”) Diploma in Financial Management.

Mr. Charles Mjumphi is a fully Certified Governance Professional/Chartered Secretary and a member of the Chartered Governance Institute of the United Kingdom (“UK”).

Mr. Lombe Mbalashi , Chief Legal Officer

Mr. Lombe Mbalashi has in excess of 15 years of progressive legal experience in Corporate and Commercial Law (Law Firm setting as well as in-house Counsel). His expertise includes Commercial Transactions, Mergers and Acquisitions, Stock Exchange Listings, International Arbitration, Mining Law, Contract Negotiations, Commercial Litigation, as well as Conveyancing and Liaising with Governmental Departments and Regulators.

Mr. Mbalashi joined ZCCM Investments Holding Plc (herein “ZCCM-IH” or “the Company”) as a Legal Officer in 2009. He was promoted to the position of Property Manager in the Company’s Investments Department in 2015, and later took up the role of Legal Manager in 2017. In 2023 was promoted to his current role as the Company’s Chief Legal Officer. Prior to joining ZCCM-IH, Mr. Mbalashi held various legal roles at Lewis Nathan Advocates where he was employed from 2005 to 2009.

Mr. Mbalashi holds a Bachelor of Laws Degree, as well as a Master of Laws Degree with Corporate and Commercial Law focuses. He is also an Advocate of both the High Court and Supreme Court of Zambia.

Mrs. Chilandu Josephine Sakala, Chief Financial Officer

Mrs. Sakala is a Fellow Chartered and Certified Accountant (“FCCA”) and Fellow of the Zambia Institute of Chartered Accountants. She has over 16 years work experience. Before joining ZCCM-IH in September 2018, Mrs. Sakala was Audit Senior Manager at KPMG, an international audit firm where she led teams on various assignments and projects since September 2003. She has vast experience in Accounting, Finance and Auditing. Her clients included organisations in a number of sectors including financial services, telecommunications, mining, energy and not-for-profit entities.

Mr. Brian Musonda, Chief Investments Officer

Brian has over seventeen years (17) years of working experience in both private and public sector, with particular proficiency in investments analysis, treasury management and Finance.

He is a Fellow of the Association of Chartered Certified Accountants (ACCA) and Zambia Institute of Chartered Accountants (ZICA) and holds an MBA in Finance and Accounting.

Prior to joining ZCCM-IH on 5th October 2020, Brian served as Head Treasury and Investments for National Pension Scheme Authority (NAPSA) (from 2016), the largest Pension Scheme in Zambia both by membership and asset base, were he structured a number of unique transactions across all sectors. Before joining NAPSA, Brian worked for the Workers Compensation Fund Control Board for over eight (8) years in the Investments Directorate as (served in various roles Including that of a Senior Investments Analyst and Revenue and Investments Accountant).

Mr. Shepherd Mwanza, Chief Internal Audit Officer

Shepherd is an Audit and Risk Management executive with over 17 years of both local and international experience. His experience has been gained through various leadership roles he has held in building and leading teams. He has competencies in Internal Audit, External Audit, Financial Reporting, Risk Management and Revenue Assurance.

He is a Fellow member of the Association of Chartered Certified Accountants (ACCA) and Zambia Institute of Chartered Accountants (ZICA). He also holds a Master of Business Administration (MBA), Certificate in Management Development, and Bachelor of Laws (LLB, Commercial Law).

Prior to joining ZCCM-IH on 3 May 2021, Shepherd served as Chief Audit Executive in Banking for over 8 years where he held the roles of Head Internal Audit for First Capital Bank Zambia and also had responsibility for Treasury Audits across the Group and Country Head Internal Audit for Ecobank Zambia. He also served as Manager Revenue Assurance & Fraud Management at ZAMTEL, Audit Supervisor at KPMG Zambia and Senior Accountant at KPMG South Africa seconded from KPMG Zambia.

Mr. Mukuka Kangwa, Chief Information and Communications Technology Officer

Mr. Kangwa has over 10 years Senior Management experience in the Information and Communications Technology (“ICT”) sector. Prior to Joining ZCCM-IH, Mr Kangwa held the role of Director– ICT at the Centre for Infectious Disease Research in Zambia (“CIDRZ”).

Other senior roles held within the ICT space include; Senior Manager–ICT at the National Pension Scheme Authority (“NAPSA”), Digital Development Specialist at the Zambia National Commercial Bank (“ZANACO”), and ICT Infrastructure Manager at Stanbic Bank.

Mr. Kangwa holds a Bachelor of Engineering Degree Specialising in Electrical and Electronics, a Master’s Degree in Business Administration (“MBA”), as well as various specialist professional ICT Certifications.

Ms. Loisa Mbatha, Corporate Affairs Manager

Ms. Loisa Mbatha is a communication and media professional with over twelve (12) years of experience in her field. She has a strong educational and academic background in journalism and communications, having graduated with a Bachelor’s degree in Mass Communication from the University of Zambia in 2007. She later got the prestigious Beit Trust Scholarship to study for her Master’s degree in Journalism and Media Studies at Rhodes University in South Africa in 2010.

Ms. Loisa Mbatha has a wealth of experience working in Zambia’s mainstream broadcast media, having worked as an anchor, Television Producer and as Assistant Executive Producer at the national public broadcaster, the Zambia National Broadcasting Corporation (ZNBC) for seven years. She also worked as a Communications Specialist at the Indaba Agricultural Policy Research Institute (IAPRI) in 2015, before joining ZCCM-IH as a Public Relations Manager in 2016.

Mrs. Betty Meleki, Chief Human Resources and Administration Officer

Mrs. Betty C. Meleki is a Human Resource expert with over Twenty years of experience in both the Private and Public sector. Most of her working career has been with large financial institutions in the Financial and Banking Sectors both locally and internationally as well as in the Pension Sector.

Prior to joining ZCCM-IH, she worked as Director Human Resource and Adminstration for the National Pension Scheme Authority (NAPSA); Senior HR Business Partner at Barclays Bank Zambia Plc and Project Manager for diversity and Inclusion at Barclays Bank Emerging Markets Regional Office, United Arab Emirates. She also did a short stint at Zambia Revenue Authority (ZRA) as HR Manager Employee Relations. She started her HR career at Zambia State Insurance Corporation (ZSIC).

She has a Master’s degree in Business Administration from the Management College of Southern Africa, a Bachelor of Arts Degree with a major in Public Administration and a minor in Development Studies from the University of Zambia and a post-graduate diploma in Management Studies from the Management College of South Africa. She is a Certified Strategic Human Resource Professional (CSHRP) accredited by QUALIFI (UK). She is also a Chartered Pension Analyst Manager (CPAM) and a Fellow of the Zambia Institute of Human Resource Management (ZIHRM).

 Mr Tito Kalembo, Strategy Manager

Mr. Tito Kalembo has over 16 years of progressive Finance experience in Management Accounting, Financial reporting, and Treasury Management. His expertise includes budgeting, treasury, financial analysis, cost accounting, process improvement, financial modelling and strategy. 

Prior to his current role as Strategy Manager, Mr. Tito joined ZCCM Investments Holding Plc (herein “ZCCM-IH” or “the Company”) as a Management Accountant in 2012. He was seconded to Mushe Milling Limited as Interim Finance Director in 2019. Before joining ZCCM-IH, Mr. Tito held various Finance roles at Total Zambia Limited and Lafarge Cement Zambia where he was employed from 2006 to 2012. 

He holds a Bachelor of Accountancy Degree, Association of Certified Chartered Accountants (ACCA) and a Master of Business Administration. He is a Fellow of both the Zambia Institute of Chartered Accountants (ZICA) and the Association of Certified Chartered Accountants (ACCA). 

Ms. Mwaka Mwamulima, Risk Manager

Ms. Mwamulima  is a risk management and finance professional with over 10 years of experience in banking, and microfinance. Expertise in credit, enterprise risk, compliance management, fraud management, business continuity, and information security.

Prior to joining ZCCM-IH, Ms. Mwamulima worked in the banking sector where she held the roles of Risk Management Expert for Access Holding Microfinance AG, Risk Manager for AB Bank Zambia and was a sought-after freelance Risk Management Consultant.

Ms. Mwamulima holds a Bachelor of Agricultural Science Degree, a Master’s Degree in Business Administration (“MBA”) Specialising in Finance and Accounting and is a certified Risk Management Expert.