Our Chairman and Directors
Kenny H. Makala - Non-executive Chairman
Board Committee membership: Investment Committee | Nominations Committee
Kenny is a lawyer and is senior partner of Makala & Company. He is a Director of various Zambian institutions including Makaland Agricultural Enterprises Limited, Lofty Reflections Limited, Sunrise Property Limited, C&K Consultancy Limited, Pivot Capital Finance Company Limited, Avionix Services Limited, Nabuzoka Limited and Bayport Financial Services Limited.
Timothy is an avid and passionate conservationist and environmentalist who sits as a board member and/or Trustee of the David Shepherd Wildlife Fund/Game Rangers International, African Parks, and Conservation Lower Zambezi.
Munakupya Hantuba - Non-executive Director
Board Committee membership: Audit and Risk Committee | Remuneration Committee | Investment Committee
Muna is the Chief Executive Officer of African Life Financial Services (Zambia) Ltd. Muna holds numerous directorships in Zambia including that of Chairman of Lafarge Cement Zambia Plc, and a Director of American Corporation in the Financial Services division where he rose through the ranks to the position of Head of Corporate Services. He is a past Chairman of the Securities & Exchange Commission of Zambia and the Economics Association of Zambia.
Jacob M Njovu - Non-executive Director
Board Committee membership: Remuneration Committee
Jacob has over 17 years of experience in Human Resources Management at both middle and senior levels in the mining industry. He holds a Bachelor of Arts Degree in Education from the University of Zambia and a Diploma in Human Resource Management from Cambridge International College.
Our Non-executive Directors
Doreen Kabunda - Non-executive Director
Board Committee membership: Remuneration Committee | Nominations Committee
Doreen is the Director of Human Resources at Zambia Sugar Plc. She is also the Chairperson of the Saturnia Regna Pension Trust Fund Board of Trustees. In addition, she has held numerous posts in various bodies including the Southern Water and Sewerage Company Board, Chikankata Hospital Board of Management, the Mazabuka Multi-sector Aids Project and Vice Chairperson of the Zambia Telecommunications Corporation Board.
David Chewe - Non-executive Director
Board Committee membership: Audit and Risk Committee | Investment Committee
David has more than twenty (20) years of experience in the Banking sector at senior management and executive management levels. He has worked for Stanbic Bank, Standard Chartered Bank, Barclays Bank, Zambia National Commercial Bank (Director Retail Banking), Access Bank Zambia (MD & CEO) and the Bankers Association of Zambia (CEO). He has served on several boards including Zambia Revenue Authority (ZRA), Food Reserve Agency (FRA), NAPSA and SADC Banking Association. He also served as the President of the Zambia Institute of Banking and Financial Services for six (6) terms.
David holds an MBA Finance (University of Lincolnshire & Humberside, UK), a BSc with Agriculture (UNZA), Diploma in Financial Services (Associate of the Chartered Institute of Bankers, UK), ACI and he is currently in his final stage of the Doctorate in Business Administration (DBA) Program having successfully completed the taught component and is now working on the thesis. The program is offered by Binary University (Malaysia) in association with the University of Zambia (UNZA).
Mark O'Donnell - Non-executive Director
Board Committee membership: Investment Committee
Mark is a member of the Institute of Directors and the immediate past Chairman of the Tourism Council of Zambia. Mark also holds a number of Non-Executive Directorships including Lafarge Zambia Ltd, Madison Life Insurance Company Ltd, Care For Business Medical Centre, and the Zambia Bureau of Standards.
Efterpi O'Donnell - Non-executive Director
Board Committee membership: Audit and Risk Committee
Efi received a B.Sc.(Eng) Computer Science degree with honours from the Imperial College of London and is an Associate of the City & Guilds Institute London. She also attended the Harvard Business School Executive Education programme on Strategic Finance in 2005. The Union Gold group has interests in, among others, the Protea Hotels Group and SPAR Group in Zambia, a plastics division, a property development division, a brick manufacturer, and a large national drinks distributor.
Banja M Kayumba - Non-executive Director
Board Committee membership: Audit and Risk Committee | Nomination Committee
Banja has over 14 years experience in the Banking sector having graduated from the Copperbelt University with a Bachelor’s Degree in Business Administration. Banja joined Barclays Bank in 1999 and became the 1st Female Treasurer in the Zambian Financial Markets. Banja has also worked for Citibank Zambia before re-joining Barclays Bank in 2003 where she held the position of Country Treasurer before being recently appointed as Corporate Banking Director.
Elizabeth C. Lungu Nkumbula - Non-executive Director
Board Committee membership: Remuneration Committee | Nomination Committee
Elizabeth is a Director of a number of institutions including Mukuba Pension Trust, Zambia International Trade Fair/Mukuba Hotel, Lusaka Trust Hospital, and Audit Committee member of Alexander Forbes Limited. Elizabeth has also served as the first Zambian female President of the Agricultural and Commercial Society of Zambia (2010/2011) and also as the Deputy President of the Royal Agricultural Society of the Commonwealth. She holds a Doctor of Philosophy (PhD) in Business Administration, (USA) and a Master’s Degree in Business Administration (UK) both Majoring in Finance.