Background

ZCCM-IH holds equity investments ranging from 10% to l 00% in several companies in Zambia. The Company is entitled to appoint persons to the Boards of the companies in which it holds shares (Active investee Companies).

Job Description

The Company invites applications from suitably qualified and experienced professionals and business practitioners to be considered for appointment as non-executive Representative Directors of ZCCM-IH on some Investee Companies.

Summary of Duties and Obligations of Representative Directors

The Representative Directors will be expected to exercise their business judgement to act in what they reasonably believe to be in the best interest of the Investee Company and ZCCM-IH and specifically to ensure ZCCM-IH's investment value is enhanced and protected.

In discharging this duty and obligation, the Representative Directors will be expected to rely on the honesty and integrity of the Company's senior executives, its outside advisors, auditors and also on their own experience and analysis of core business.

Representative Directors will be expected to attend Board and Committee meetings and to spend the necessary time needed to discharge their responsibilities. The Representative Directors will be expected to cause the receipt of the Board Packs in due before the date of the meetings to facilitate adequate preparation.

The Representative Directors will submit of the meetings and events attended pertaining to the Investee Company, highlighting the critical issues, outcomes, resolutions and any proposals deemed necessary.

Job Requirements

Qualifications, Experience and General Competences of Representative Directors

The requirements for one to be considered for appointment as a Representative Director include the following:

• At least an undergraduate degree from a respected university or equivalent. A Master’s or Doctoral Degree will be an added advantage.
• These educational criteria will not exclude candidates who do not meet these academic criteria but have other demonstrated capabilities, including the successful establishment and management of businesses, leadership of profitable enterprises or other verifiable accomplishments that would add value to ZCCM-IH.
• Extensive management experience of more than ten (10) years at a Senior level. Exposure to an international environment will be an added advantage.
• Exposure in an international environment will be an added advantage.
• Ability to read, understand and offer suggestions and comments on financial statements;
• Demonstrate competences in strategic planning and business leadership.
• Self-starter with visible leadership skills and the ability to be persuasive and persevering under, sometimes, trying circumstances.
• Knowledge of the mining sector will be an added advantage.
• Have no material relationship and or conflict of interest with the Company or any of its Investee Companies.
• Sufficient applicable experience to understand fully the legal and other responsibilities of an independent director of a company based in Zambia.

Suitably qualified women candidates are urged to apply as due consideration will be given to them in an effort to improve representation of women on the Boards.

Duration of appointment and remuneration

The appointment will be for a period of three years. Continued representation will purely be based on results of the annual assessments of performance of the Representative Director against goals and objectives agreed with ZCCM-IH.

The Representative Director will be remunerated according to the fee structure existing at the Investee Company on whose Board he/she is appointed.

• Exercise business judgement to act in the best interest of the Investee Company and ZCCM-IH.
• Ensure ZCCM-IH's investment value is enhanced and protected.
• Attend Board and Committee meetings.
• Spend the necessary time needed to discharge responsibilities.
• Ensure receipt of Board Packs in due time before meetings.
• Submit reports of meetings and events attended, highlighting critical issues, outcomes, resolutions, and necessary proposals.

• Business judgement
• Strategic planning
• Business leadership
• Persuasion
• Perseverance
• Financial statement analysis
• Leadership skills

• Undergraduate degree from a respected university or equivalent.
• Demonstrated capabilities such as successful business establishment and management, leadership of profitable enterprises, or other verifiable accomplishments (if academic criteria are not met).
• Extensive management experience of more than ten (10) years at a Senior level.
• Ability to read, understand and offer suggestions and comments on financial statements.
• Competences in strategic planning and business leadership.
• Self-starter with visible leadership skills.
• Knowledge of the mining sector (added advantage).
• No material relationship and/or conflict of interest with the Company or any of its Investee Companies.
• Sufficient applicable experience to understand fully the legal and other responsibilities of an independent director of a company based in Zambia.