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Situmbeko appoints BOZ directors

By ADRIAN MWANZA

MINISTER of Finance Situmbeko Musokotwane has appointed six members to be part of the reconstituted Board of directors of the Bank of Zambia.

The appointment of the above persons brings the total number of Board Members to eight (8) as provided in the Bank of Zambia Act – two of whom are  Dr Denny Kalyalya, Governor of the Bank of Zambia and Chairman of the Board as provided for under 13 (1) (a) of the Act; and, Mr Felix Nkulukusa, Secretary to the Treasury, appointed to the Board as provided for under Section 13 (3) of the Act.

The Minister congratulated the new Board Members, wished them success, and urged them to provide the Bank of Zambia with the guidance and leadership needed to ensure a stable monetary and financial system for the Zambian economy.

According to a statement from the Bank of Zambia,  the appointments  were Pursuant to Section 13 (1) (b) of the Bank of Zambia Act, Cap 360 of the Laws of Zambia, the Minister of Finance and National Planning.

The appointees include Mrs Sarah Sally Tembo (Audit Specialist), Professor Douglas Kunda (Systems Specialist), Dr Patricia Nchimunya Shansonga-Kamanga (Lawyer), Mr Caesar Cheelo (Economist), Mrs Pamela Kasese Bwalya (Economist); and Mr Shebo Nalishebo (Statistician).

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