ZCCM Investment Holdings Plc

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).

Responsibilities or duties

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.

Qualifications or requirements (e.g., education, skills)

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.
• 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.
• 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.

Experience needed

• 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.
• Knowledge of the mining sector will be an added advantage.

• 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 before meetings for adequate preparation.
• Submit reports of meetings and events attended, highlighting critical issues, outcomes, resolutions, and proposals.

• Business judgement
• Strategic planning
• Business leadership
• Leadership skills
• Persuasiveness
• Perseverance
• Ability to read and understand financial statements
• Understanding of legal and other responsibilities of an independent director

• Undergraduate degree from a respected university or equivalent.
• Master’s or Doctoral Degree (added advantage).
• Demonstrated capabilities such as successful business establishment and management, leadership of profitable enterprises, or other verifiable accomplishments (can substitute for academic criteria).
• Extensive management experience of more than ten (10) years at a Senior level.
• Exposure to an international environment (added advantage).
• Knowledge of the mining sector (added advantage).
• No material relationship and or conflict of interest with the Company or any of its Investee Companies.