Business
Directorate Changes
Directorate Changes.
About this update from Zambeef Products Plc
[{"type":"text","content":"\n\n \n \n \n \n \n \n \n \n\n\nZAMBEEF PRODUCTS PLC\n \n(\"Zambeef\" or the \"Group\")\n \nDirectorate Changes\n \nZambeef (AIM: ZAM), the fully integrated cold chain foods and retail business with operations in Zambia, Nigeria and Ghana announces the following Board changes.\n \nThe Company is pleased to announce the appointment of Mr. Patrick Wanjelani to Chairman of the Board of Directors.\n \nMr. Wanjelani brings with him a wealth of corporate experience spanning over 30 years and he holds an MBA from Oxford Brooks University.\n \nMr. Wanjelani is currently chairman of Kenya Reinsurance Corporation Zambia Ltd, and a board member of the Center for Infectious Disease Research in Zambia (CIDRZ), Kumil Energy Limited, Bluelight Risk Services Limited, Newgen Holdings Limited, and Newgen Construction Limited. Mr. Wanjelani previously served on the board of Zambia National Commercial Bank Plc from 2017 to 2023, including as chairman in 2022 to 2023.\n \nThe Board of Directors also announces the resignation of Mr. M'boo Mumba as Chief Financial Officer and Executive Director, effective from 17 July 2024.\n \nMr. Mumba has served as CFO and Executive Director on the Board since December 2022, having previously been an employee of the Company. The Board wishes to thank Mr. Mumba for his immense contributions to the Company over the past 4 years and wishes him continued success in his future endeavours.\n \nA recruitment process has begun for Mr. Mumba's replacement and a further announcement will be made in due course.\n \nFor further information, please visit www.zambeefplc.com or contact:\n \n\n\n\n\nZambeef Products plc\n\n\nTel: +260 (0) 211 369003\n\n\n\n\nFaith Mukutu, Chief Executive Office\n\n\n\n\n\n\n\nM'boo Mumba, Chief Financial Officer\n\n\n\n\n\n\n\n \nAutus Securities Limited (Sponsoring Broker)\nMataka Nkhoma (Sponsoring Broker)\n\n\n \n &...