ZESCO Board revokes MD’s appointment
ZESCO Board revokes MD’s appointmentWritten by Staff Reporter
Wednesday, August 12, 2009 7:34:13 PM
THE Zesco Limited’s board has announced the termination of the employment contract of its recently appointed managing director Dr Lemba Nyirenda. Board chairman Songowayo Zyambo, in a statement said the board of the country’s electricity utility had failed to reach an agreement with him over his contract.
“Further to our earlier announcement concerning the appointment of Dr Lemba D Nyirenda as managing director of Zesco, we regret to inform the public that the board has failed to reach an agreement with Dr L.D. Nyirenda on the terms and conditions of his contract of employment,” Zyambo stated.
“The board has, therefore, declared the position of managing director vacant with immediate effect. Mr Cyprian Chitundu, the chief operating officer has been appointed to act as managing director with immediate effect.”
Dr Nyirenda was appointed managing director of Zesco about one month ago, taking over from Rhodnie Sisala three months ago.
Labels: LEMBA NYIRENDA, PARASTATALS, SONGOWAYO ZYAMBO, ZESCO
posted by MrK @ 6:35 PM
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