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Balanced Leadership and Transparent Governance

BOARD OF DIRECTORS

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The Board currently comprises of nine Directors, including four Independent Non- Executive Directors. The Board is mandated in terms of its Charter, which requires that there is an appropriate balance of power and authority on the Board.

New appointments to the Board are carried out in a transparent manner and are subject to the recommendations of the Remunerations and Nominations Committee and, following approval of the Board, are subject to confirmation by Shareholders at the next Annual General Meeting.

The roles of the Chairperson and the Managing Director are separated, and the Chairman is a Non-Executive Independent Director.

The Board Composition

The Board comprised the following Directors:

Director Title Date of Appointment
Roseta Chabala Non-Executive Independent Director and Chairperson 01 February 2020
Fidelis Banda Non-Executive Independent Director 17 May 2001
Dipak Patel Non-Executive Independent Director 08 December 2006
Susan M’Kandawire Mulikita Non-Executive Independent Director 26 February 2025
Ami Mpungwe Non-Executive Director 27 October 2006
Lekani Katandula Non-Executive Director 1 April 2025
Craig Jensen Non- Executive Director 31 October 2024
Christian Rees Non- Executive Director 27 November 2025
Oswald Magwenzi Managing Director 18 August 2021
Marc Pousson Executive Director 01 June 2020
Hezron Musonda Executive Director 28 February 2024
A member of ABF Sugar.