ZCCM-IH Appoints Kakenenwa Muyangwa as CEO, Retires as Board Chair
ZCCM Investments Holdings Plc (ZCCM-IH) has announced a major leadership shift with the appointment of Mr. Kakenenwa Muyangwa as Chief Executive Officer, effective 6 June 2025. This follows his retirement as Non-Executive Director and Chairperson of the ZCCM-IH Board, effective 5 June 2025.
The announcement, made in accordance with Section 3.59 of the Lusaka Securities Exchange (LuSE) Listing Rules, underscores ZCCM-IH’s commitment to strategic continuity and leadership excellence.
Mr. Muyangwa is a seasoned business executive with over 35 years of experience in business strategy, corporate recovery, mining investment, and financial leadership. His appointment as CEO marks a new chapter in the company’s transformation and investment agenda.
Prior to this role, he served as Board Chairperson since 2023 and represented ZCCM-IH on several high-profile boards, including Mopani Copper Mines, CNMC Luanshya Copper Mines, and Kariba Minerals.
His career spans regional and international engagements with the African Development Bank, Barclays Bank Zambia, and Konkola Copper Mines, among others. He holds a Bachelor of Engineering in Mining Engineering from Imperial College, London, and is a Fellow of the Association of Chartered Certified Accountants (ACCA).
The ZCCM-IH Board expressed full confidence in Mr. Muyangwa’s leadership, stating his diverse background and proven track record position him to steer the company toward achieving its long-term strategic goals.
The Board also extended its gratitude to Mr. Tisa Chama for his dedicated service as Acting CEO and announced that Vice Chairperson Mr. Mubita Akapelwa will serve as Interim Board Chairperson.
