Dr E. D. Wala Chabala
| Dr E. D. Wala Chabala officially joined the Securities and Exchange Commission (SEC) as secretary and chief executive on 21 November 2011.
Dr Chabala brings to the role wide and in-depth experience in financial services. He has held senior executive and consultancy positions in Old Mutual, Standard Bank of South Africa, Scottish Widows of UK, and McKinsey & Company in South Africa. At Old Mutual, Dr Chabala attained the level of programme director at group level and was in charge, inter alia, of identifying and exploiting synergies between the Asset Management and the Investment Banking businesses. He also led a number of new business thrusts and development of strategic plans. At McKinsey, he consulted on a number of strategic projects, including in financial services.
Dr Chabala has excellent educational credentials some of them from top global institutions, including a PhD in physical sciences from the University of Cambridge. He obtained a masters degree (distinction) in development economics from the University of Manchester in UK. He has a bachelor of science in education degree (also distinction) from the University of Zambia with a number of academic excellence awards.
Dr Chabala has also attended various professional programmes including Making Markets Work, a course jointly offered by Havard and Wits Business Schools, Strategic Finance at Wits Business School (use of financial instruments to achieve economic policy goals) and Executive Global Leadership jointly offered by London Business School and Cape Town Graduate School of Business.
Dr Chabala is a member of the Economic Association of Zambia, and of Lusaka Golf Club and currently writes on ‘Innovation Made in Zambia’ in a national daily.
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Chukwujekwu Ozoemen
| Ozoemene’s appointment came as a surprise to many following the departure of Mukwinda Chibesakunda who held the post for less than two years. Her predecessor David Chewe also held the post for less than a year setting up the operations of Access Bank in September 2009.
In light of the successive changes at the helm of Access Bank Zambia, it may not be unexpected that management selected Ozoemene, an insider, who has worked at the bank in Port Harcourt, Nigeria since October 2002, to head it’s operations in Zambia.
Ozoemene nicknamed Jekwu, a Nigerian national, spent 10 years at Access Bank rising through the ranks where his initial appointment was relationship manager to become, group head - Commercial Banking Division. His appointment to Zambia can be seen as a signal that Access Bank plans a more forceful march into the banking industry, given Ozoemene’s extensive public relations and administrative portfolio.
Ozoemene received a bachelor’s of arts degree from the University of Lagos, Nigeria, in 1996, and is a graduate of the University of Leicester, United Kingdom with a masters of business administration in finance.
In an interview with Commerce Gazette Ozoemene said that he would introduce new innovative products that would ‘excite’ the Zambian consumer. Without wanting to give away his strategy Ozoemene said the products and services would increase the bank’s market share and branches in 2012.
A poet and playwright in his pass time, Ozoemene’s collection of poetry, ‘Shadows of Existence, An Anthology of Poetry’ was published in August 2009. His plays, ‘The Anger of Unfulfillment: Three Plays Out of Nigeria’ were published in January 2011.
In his leadership role Ozoemene began lecturing in 2007 in Nigeria.
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Matt T. Madzima
| Matt T. Madzima was recently introduced as AfriConnect’s new managing director during the launch of the company’s 4G internet service launch.
The announcement is a promotion for Matt who will be serving in an acting capacity until his expected confirmation by management at Vodacom Business Africa. Prior to the promotion Matt was AfriConnect’s chief finance officer (CFO).
In addition to the promotion, AfriConnect Zambia announced that their founding managing director, Mark Bennett, has left the company. This coincides with the time when the company will be fully integrated into Vodacom Business Africa, which acquired AfriConnect in 2010. Zambia’ s Competition Commission gave approval for a 100% takeover of Africonnect Zambia by Vodacom Gateway Mauritius. Vodafone UK holds 65% of the Vodacom group.
AfriConnect was established in 2005, offering wireless broadband internet services, and has since grown to be a major player in the market. They are currently rolling out their new 4G network in Lusaka, and have a presence in 18 other towns; a number that is set to grow significantly.
In a press statement, Bennett is quoted as saying ‘I am pleased to be handing over to someone who has already been part of our growth over recent years and who shares our vision for future developments.
‘We are at a period of tremendous growth, with the prices of bandwidth and computer devices falling rapidly, and there are plans to significantly increase the number of people who will have access to the internet, as well as working on the creation of local content and jobs.’
AfriConnect is Zambia’ s third-largest internet service provider, with a 9.3% market share, behind Zamtel and Zamnet, each of which has a market share of around 35%.
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Khalid Hassan
| Khalid Hassan has been appointed the new country manager for Zambia of the recently launched Emirates Airline to support the airline's growth within the country.
Khalid will be responsible for the smooth running of Emirates’ business in Zambia, overseeing sales and service functions for the airline's passenger, cargo and airport operations and he will report directly to Jean Luc Grillet, Emirates’ senior vice president – commercial operations for Africa.
‘We are thrilled to offer this opportunity to Khalid Hassan,’ said Luc Grillet, ‘He has been a loyal and dedicated Emirates employee for almost 12 years and has consistently proven his ability to maximize company revenue and surpass set goals.’
Khalid began his career with Emirates in 1996 as a management trainee across the UAE. Throughout his career with Emirates, he has held several roles within the group including district manager for Uganda and area manager for Syria and Qatar. In 2003 Khalid was promoted to the position of Emirates regional manager in Kenya where he spent three years before moving to a similar position in Switzerland. Most recently he was based at Emirates headquarters in Dubai where he was regional business manager for Emirates Holidays for the Middle East and Africa.
Commenting on his recent appointment, Khalid said, ‘I am very pleased to join the Zambia Emirates team of 25 qualified staff members to ensure the smooth operation of Emirates five weekly flights to Dubai. I look forward to establishing strong relationships with our Zambian customers and will draw on my previous experiences to ensure that I meet and exceed the demands of this diverse and dynamic market.
‘I’m delighted to be in Zambia, and keen to see more of the country so that I can spread the word on its tourist attraction,’ he added.
A national of the United Arab Emirates (UAE), Khalid is fluent in English and Arabic and has a Bachelor’s degree in English language and literature as well as qualifications in airline management. His work experience covers Africa, the Middle East and Europe.
Khalid moved to Lusaka in January this year to take up his latest position, having travelled to Zambia frequently in the preceding months to work on the airline’s route launch.
Khalid will shortly be joined in Lusaka by his wife, four sons and daughter and is already making plans for his family to explore the country.
The Emirates Airline is wholly-owned by the government of Dubai, but is recognised as an international airline of the UAE. The airline is run on a commercial basis and receives no financial support, financial guarantees or protection from the government, which operates an unconditional open skies policy in Dubai. Despite this, Emirates has been profitable in all but its second year of operation. Emarates launched on 25 October 1985.
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Makhtar Diop
| Makhtar Diop, a Senegalese national with more than 25 years of development experience, becomes the new World Bank vice-president for Africa taking office May 7, 2012.
He takes over the position from Nigeria’s Obiagele Ezekwesili who served in that capacity for five years.
Diop was previously country director for Brazil since 2009 where he managed the World Bank’s largest country program. Prior to joining the Bank, Diop worked at the International Monetary Fund and served as minister of Finance of Senegal, and as Chair of the West African Monetary Union (WAEMU) Board of Finance Ministers.
After joining the World Bank in 2001, Makhtar Diop held various senior positions, including country director for Kenya, Eritrea and Somalia, as well as director of Infrastructure and director of Strategy and Operations in the Bank's Latin America and Caribbean region.
‘It is an honor to return to the Africa region as vice-president at a time when the continent is on the rise, with strong growth led by private investment, and a new sense of optimism,’ said Diop. ‘With world-class development knowledge and innovative financing, we can help support Africa’s momentum and ensure that all Africans, especially the poor, share in the continent’s economic and social transformation.’
The World Bank is a partner of 48 countries in Sub Saharan Africa and finances approximately 500 projects in the region. The Banks' portfolio includes projects and programs in areas such as agriculture, trade and transport, energy, education, health, water and sanitation.
In fiscal year 2011, the World Bank committed more than US$ 7.0 billion in new development financing for Africa, and disbursed over US$ 5.5 billion, in addition to producing more than 200 analytical studies.
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George C. Silutongwe
| George C. Silutongwe was recently appointed as Group managing director and chief executive officer of the ZSIC Group of Companies.
Management and staff of the ZSIC Group of Companies extended its hearty congratulations to Silutongwe who prior to this appointment was the managing director for Professional Insurance Corporation Zambia and before that the managing director for Professional Life Assurance.
'As a Group we are confident that the wealth of knowledge, skill and experience Mr. Silutongwe brings to the Group will add value to the growth and development of the ZSIC Group of Companies as we grow.'
Silutongwe is a man of many distinctions; a qualified Chartered Insurer, an Associate of the Chartered Insurance Institute, a Fellow of the Insurance Institute of Zambia, a member of the Institute of Risk Management besides which he holds a masters degree in Business Administration.
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Jaulani Mtine
| Jaulani Mtine has been appointed as Head of Credit, Stanbic Bank.
Jaulani Mtine has 9 years banking experience of which 5 years have been at senior management level in credit and corporate banking.
Mtine has 5 years experience in credit across corporate and investment banking as well as personal and business banking portfolios with a significant lending, leadership and provisioning mandate. He has a bachelor of science degree in Philosophy and Economics, joint honours, from The London School of Economics and Political Science.
Commenting on the appointments, managing director of Stanbic Bank Dennis Kennedy said: 'This senior role plays an integral part in moving the Bank forward in a challenging market and I am confident that the significant financial experience of our latest appointee will contribute to our continuing success. This appointment ensure that Stanbic Bank's customers, clients and stakeholders continue to benefit from the strength of our long-term investment and commitment to Zambia.'
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Jacob Lunda Lushinga
| Jacob Lunda Lushinga was named the managing director of Development Bank of Zambia (DBZ). He succeeds Dr Abraham Mwenda, who was transferred to Ministry of Finance as permanent secretary.
Lushinga will head DBZ, Zambia’s only development finance bank which was established in the early 1970s by an Act of Parliament, with an aim to promote the country’s economic development.
An accomplished economist, with over 20 years of working experience, Lushinga is a versatile, innovative and accomplished professional whose other areas of qualification, competence and skill include, human resource management, business/investment promotion, and facilitation. He also has experience in country, institutional and personnel capacity building.
Lushinga earned a master's degree from the Southern Illinois University at Carbondale, Illinois, in the USA and bachelor's degree in Economics and Mathematical Statistics from the University of Zambia (UNZA).
Lushinga has come full circle, as he began his career at DBZ in 1988 as a senior projects officer where he served until 1993 when he returned to lecture at UNZA. In 1996 he moved on to Bank of Zambia (BOZ) as senior economist until 2002. The following year, his career changed paths when he took charge of the Zambia Investment Centre (ZIC) as the director general. Three years later ZIC was merged with four other statutory bodies and Lushinga returned to BOZ as a senior manager-Operational Risk and then moved to the governor’s office as coordinator for the BOZ’s Strategic Plan Monitoring Unit prior to assuming his current appointment in June.
As he takes over the reins as DBZ Lushinga has his work cut out for him, as the bank’s loan portfolio performance has over the past decade under performed. From inception to 1985 only 3% the bank’s loan portolio had arrears in excess of three months but by the end of December 1986 this proportion had increased to 10.5% indicating the early signs of portfolio deterioration which worsened as the years progressed making the institution almost insolvent and, forcing government to continue extending financial aid to the bank.
Lushinga’s skills in economic research, project management, banking, business planning and management will have to come to bear as he heads DBZ where he is expected to overhaul its corporate culture, and assist it to make a fresh start under a new board of directors.
His vision is to transform the DBZ into a primary source of sustainable commercial capital in Zambia during his era.
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Jan Paxton
| Jan Paxton has joined Amcor Security in the role of managing director. He is a highly accomplished and motivated Security Solutions professional.
He graduated with a bachelor of Commerce from Potchefstroom University in 1993.
Paxton, a South African national, has spent 17 years in the security sector working as senior operating manager or as a managing director executive.
His appointment at Amcor follows a one year consultancy with the firm during which time he developed and oversaw a strategic plan for the business. His employment can be seen as a signal that Amcor Security’s board is confident of his development plan to assist the company make a more forceful march in the market.
Jan is a seasoned generalist with full responsibility and authority for implementing the overall strategic plan, including translating conceptual business models into specific growth strategies and business development campaigns to grow market share and increase sales revenues.
He is skilled at cultivating major corporate accounts and building productive relationships with the blue chip companies, whilst directing the operational side, project execution, financial and technical controls.
His management achievements range from expanding companies as part of a large international organization with an innovative and pro-active customer focused approach to management and team development.
Prior to his appointment at Amcor Jan was managing director for ADT Security - Business Solutions from 2005 - 2011 and also held senior management roles in COIN Cash In Transit, 2003 – 2005, and Chubb Security 1999 -2000.
Speaking of his appointment Jan thanked customers and employees for their ‘well wishes’ and ‘welcome’ respectively.
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Nomsa Mumba
| Nomsa Mumba, has been appointed as the new Country manager for DHL Express Zambia, with immediate effect.
Mumba will be responsible for leading the dynamic international courier company in Zambia, calling on her extensive experience in the financial services sector spanning over 13 years.
During her career, Mumba has held positions at international financial institutions including Citibank, Barclays Bank and more recently, Access Bank Zambia, where she was head of Corporate Banking, from the inception of the bank in 2008 to date. Prior to this position, Mumba served as the general manager of Momentum Zambia, responsible for the establishment and management of the company – one of the largest medical aid institutions in Zambia and a subsidiary of Momentum Group in South Africa.
‘I am very excited and proud to be at the helm of an incredible global company in my home country,’ says Mumba. ‘Africa holds great growth potential and DHL Zambia will continue to assist in expanding DHL’s reach across the continent, further strengthening our global footprint.’
Mumba holds a master of Science degree in Information Management from the University of Sheffield UK, a bachelor of Arts degree in Library & Information Management from the University of Zambia and a diploma in Library Studies from the University of Zambia.
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John J. Connell
| John J. Connell was recently appointed chief executive officer of Toyota Zambia Limited to support the deliberate expansion of the country’s leading distributor of both automotive and non-automotive products and related services.
John begun his career with the Toyota family more than 28 years ago and has been with the Toyota Tsusho Corporation (TTC) of Japan, the parent company for Toyota Zambia Limited since 2000. He had previously served with the Lonrho Group of companies.
His career highlights include serving as managing director of Toyota Malawi for 8 years, and Toyota Jamaica Limited for 6 years, prior to his appointment as chief executive officer for Toyota Zambia Limited. He is an engineer and holds excellent professional credentials.
One of John’s notable contributions to the TTC group apart from growing and nurturing the business whenever he controls the helm has been his unquantifiable ability to mentor, coach and raise future leaders for the business.
Commenting on his recent appointment, John said, ‘I am excited to be back home (Africa) after six long years away, and to join the team of professionals at Toyota Zambia Limited that I will work closely with in our collective quest to enhance stakeholder value.
‘I am eager to learn the market and forge even stronger relationships with our customers by exceeding their expectations as well as providing an environment of professionalism at every touch point of their interaction with our business.
‘My goal is to enhance the quality of life experienced by our staff through creating an enabling environment for their professional and personal growth.
‘I equally aim to extend our company’s corporate social responsibility (CSR) focus to improving the health, education and safety of some of the least privileged communities in which we live and work, and building effective partnerships with law and policy makers that regulate business operations in the country’, he concluded.
Originally from New Zealand, John is also a South African resident. He is fluent in English and is a graduate of the Toyota Management Programme. He also has a respectable command of Chichewa (a native tongue of Malawi and Zambia to the East), also Si-swati the native tongue of Swaziland.
John is married to Renalda, a management consultant, and they have 2 grown sons and a daughter. He re-located to Lusaka, Zambia in June 2012 in time to take up his position as Toyota Zambia Limited’s CEO on July 1, 2012.
Toyota Zambia Limited is a subsidiary company of the Toyota Tsusho Corporation (TTC), the trading arm of the Toyota Motor Corporation, arguably the world’s largest automotive manufacturer. The Toyota Tsusho Corporation of Japan is a global company, and its Africa regional office is based in Johannesburg, South Africa.
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Nils Rothbarth
| Nils Rothbarth became general manager of the Radisson Blu Hotel, Lusaka effective 1 March 2012. His appointment signaled the hotel’s scheduled opening in the third quarter of 2012 on September 3.
‘I will be able to bring professional expertise and knowledge of the hospitality industry, but more importantly is the leadership aspect I am bringing to the team. My role is to lead and inspire my team to achieve their goals and personal effectiveness beyond all expectations.’
Nils, a German national, has broad expertise as a hotelier with over 24 years experience in the industry. He started his career in Germany with a traineeship and as a storekeeper and inventory clerk. In 1992 he moved to South Africa where he worked as a food & beverage controller in Johannesburg’s Karos Indaba Hotel. From 1996, he worked for Holiday Inn Hotels in different positions before becoming assistant general manager in Holiday Inn Hotels in South Africa.
His first appointment as a general manger was in 2000, for the Holiday Inn Garden Court Bloemfontein. Since then he has held different general managers positions in South Africa, in London, in Dubai and back again in South Africa, this time for the Holiday Inn Sandton in Johannesburg. This was Nils prior appointment before accepting his current position in Lusaka.
Nils is fluent in German and English and holds a management degree from the Heidelberg Hotel Management School in Germany. He is a member of the Zambia Tourism Council, the South African Chefs Association and in Germany a member of the Hotel School Heidelberg. He has also served on the board of the East London and Sandton Tourism board and has been an advisor to the Johannesburg Hotel School.
Welcoming Nils to Lusaka Kurt Ritter, president and CEO of Radisson Hotels wished him all the success in his new position in Lusaka.
Nils moved to Zambia in March 2012 with his wife and son.
‘It’s like coming home. People are open, engaging and inviting. I guess this type of warmth one can only find in Africa. We are enjoying every moment of it. My son is a keen fisherman and has had many good catches, including Tiger fish. I managed to catch a piece of wood and not one fish. |
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