New Zesco MD dropped

NEWLY-APPOINTED Zesco managing director Lemba Nyirenda has been dropped by the board after it failed to reach an agreement with him over his contract.

The board has with immediate effect declared Dr Nyirenda’s position vacant and appointed company chief operating officer, Cyprian Chitundu to act as the chief executive officer.

This is according to a statement released yesterday by Zesco board chairperson, Songowayo Zyambo.

“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 LD Nyirenda on the terms and conditions of his contract of employment.

“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,” Mr Zyambo said.

Dr Nyirenda was appointed managing director of Zesco about one month ago, taking over from Rhodnie Sisala.
Times of Zambia

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