ZCCM-IH Appoints Joackim Bantubonse as Chief Financial Officer
ZCCM-IH Names Joackim Bantubonse CFO to Support Growth and Strategic Expansion
ZCCM Investments Holdings Plc (ZCCM-IH) has appointed Joackim Bantubonse as its new Chief Financial Officer (CFO), strengthening the leadership team as the state-backed mining investment company pursues ambitious growth plans across Zambia’s mining sector.
The appointment comes at a pivotal time for ZCCM-IH as the company expands its portfolio, seeks greater participation in mineral value chains and works to position itself as a more active player in Zambia’s mining industry.
As CFO, Bantubonse will be responsible for overseeing the company’s financial strategy, capital allocation, financial reporting, risk management and investment evaluation activities.
The role will be critical in supporting ZCCM-IH’s efforts to maximize returns from its mining, energy and industrial investments while maintaining financial discipline and long-term sustainability.
ZCCM-IH remains one of Zambia’s most influential mining investment companies, with significant interests in major copper operations including Mopani Copper Mines, Konkola Copper Mines, Kansanshi Mining and several other strategic assets.
The company’s investment portfolio places it at the center of Zambia’s ambitions to increase copper production and derive greater value from the country’s mineral resources.
The appointment of Bantubonse also coincides with a period of renewed investment in Zambia’s mining sector, as the country pursues its goal of raising annual copper production to three million tonnes by 2031.
Achieving this target will require substantial capital investment, sound financial management and strong partnerships across the mining value chain.
Industry observers view the strengthening of ZCCM-IH’s executive leadership team as an important step in supporting the company’s expanding mandate, which increasingly includes value addition, strategic investments and greater participation in the commercialization of Zambia’s mineral resources.
With copper demand expected to remain strong over the coming decades due to growth in renewable energy, electric vehicles and power infrastructure, ZCCM-IH is positioning itself to play a larger role in capturing value for Zambia from the global energy transition.
