Sata appoints new ZSIC boss
PRESIDENT Sata has appointed managing director of Professional Insurance Corporation George Silutongwe as a new chief executive officer of the Zambia State Insurance Corporation (ZISC).
Mr Sata announced Mr Silutongwe’s appointment in a letter dated April 19, 2012 to the Minister of Finance and National Planning Alexander Chikwanda.
“I congratulate you on your well-deserved appointment and I am confident that you will perform to my expectations and that of the Zambian people in general,” Mr Sata said in a statement issued by Ministry of Finance and Planning spokesperson Chileshe Kandeta yesterday in Lusaka.
Between 1980 and 2011, Mr Silutongwe served in other capacities in the insurance industry.
He was managing director of Professional life Assurance Limited, deputy director of Zambia Insurance Business College Trust and assistant general claims manager at ZSIC.
Mr Silutongwe is a chartered insurer who also holds a Master of Business Administration Degree from Lincoln University, United Kingdom (UK).
Mr Silutongwe is also an associate of the Chartered Insurance Institute, a member of the Institute of Risk Management, UK, and fellow of the Insurance Institute of Zambia.
In another development, the Zambia Union of Financial Institutions and Allied Workers (ZUFIAW) has implored Government to quickly appoint boards for National Pension Scheme Authority (NAPSA) and Workers Compensation Fund Board (WCFB) to rekindle the process of salary negotiations.
ZUFIAW General Secretary Joyce Nonde Simukoko commended Government for appointing a new director general for NAPSA and commissioner for WCFB.
Mrs Simukoko also said in an interview that several parastatal organisations have been operating without boards, which has negatively affected the decision-making process.
She said the whole process should be completed by putting in place boards so that the decision making process is not affected.
“Right now salary negotiations have stalled. There are decisions that management cannot make. That is why it is important to have boards in place,” Mrs Simukoko said.
She called on Government to quickly put in place all boards in the affected parastatals to ensure that management issues that remain unattended could be addressed.
“It is so frustrating, that is why workers get angry and act that way,” Mrs Simukoko said.
On Monday, Information, Broadcasting and Labour permanent secretary Amos Malupenga appointed Mr Charles Mpundu as director general for NAPSA and Elizabeth Nkumbula as commissioner for WCFB.