Pursuant to Section 3.59 of the Listing Requirements the Board of Directors of Zanaco Plc (“the Board”) wishes to inform the Bank’s shareholders and the public that Mrs Charity Chanda Lumpa has retired as Chair of the Zanaco Board effective 31st March 2021.

The Board would like to thank Ms Lumpa for the immeasurable service she rendered to the Board and for the numerous achievements of the Bank under her leadership from 30th March 2015 to March 31st, 2021. The Board wishes her the best in her future endeavours.

Furthermore, the Board wishes to announce the appointment of Mr David Musunga and Mrs Regina Mulenga as directors of the Board, as well as the appointment of Mr Hastings Mtine and Mr Patrick Wanjelani as Board Chair and Vice-Chair respectively effective 31st March 2021.

The Board would like to wish Mr Hastings Mtine, Mr Patrick Wanjelani, Mr David Musunga and Mrs Regina Mulenga the best in the execution of their duties following the appointment.

By Order of the Board

Kaluba G. Kaulung’ombe-Inampasa
Company Secretary

Issued in Lusaka, Zambia on 01 April 2021

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