The Board of ZCCM Investments Holdings Plc has announced the appointment of Mr Mabvuto Chipata as Chief Executive Officer of the Company effective 11 October 2019.

Mr Chipata replaces Dr Pius Kasolo who was sacked in February this year.

He joined ZCCM-IH in July y2012 as Chief Financial Officer, the position he held until early 2018 when he was appointed Chief Investments Officer responsible for the Company’s investments function.

He has over the years been involved in a number of strategic developments in the Company leading different project teams.

Prior to joining ZCCM-IH, Mr Chipata worked in various senior management positions in sectors such as money and capital markets, insurance, and manufacturing.

He has worked as Managing Director for Intermarket Securities Zambia Limited, Finance Director for ZAMPOST, Chief Operating Officer for Intermarket Banking Corporation Zambia Limited, among others.

He currently serves as a Non-Executive Director on a number of companies including Kansanshi Mining Plc and Lubambe Copper Mines Limited.

Mr Chipata is an accomplished finance and investments professional with over 20 years’ experience.

He holds a Bachelor of Accountancy Degree from the Copperbelt University and is a Fellow of the Association of Chartered Certified Accountants (UK) and the Zambia Institute of Chartered Accountants.

He is also a trained Stockbroker.

The Board says it is confident that with his experience, Mr Chipata will make a valuable contribution to the success of the Company.

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13 COMMENTS

    • He looks honest.
      If he fires that Milingo guy who still at KCCM’s failed robbery attempt, then HH might keep this guy with horrible name. Umuntu ukumwinika at Chipata?? Mabvuto? He might be one of those successful-hardworking products of orphanages.

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    • Pius Kasolo was spending long lunch hours at Pamodzi Hotel buffet feeding his massive body. How could he run a company that way?

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  1. Replacing management when the issue you have is an intrinsic cultural problem is like doing the same thing and expecting change. I think a wise man said that amounts to madness. Anyway there is madness in pf. We wonder how long this chipata boy will last before he is in the wrong side of lungu and co.***

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  2. Complete down to the name, zoona mabvuto aku Chipate anabwela. The chap has zero mining background but because he is called Chipata and hails from there, he scales the ZCCM-PI lader.

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  3. All governance and state institutions including ACC, and their respective professionals, are now at the beck and call of one corrupt clique. This appointment just about completes it.
    LAZ is not my favourite organisation but I appreciate it for being one institution that is trying to hold its own. They can see the corruption and the party capture (not state capture) of these institutions and they challenge the clique but they are a lone voice as the majority of Zambians are either sleeping or blinded.

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  4. Don’t allow political pressure /influence affect your management of ZCCM please Mr Mabvuto.

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    • It is CHIPATA not CHIPETA……. Nichi mbuya chaku mawa ichi. Awe mwandi elo lwanya. ZCCM nayo nomba yaya ke bena Chipata. Awe nomba ni teti teti. Tukesa mufulumuna ba mambala.

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