ZESCO CHAIRMAN RETIRES.
ZESCO Chairman and Director Mbita Chitala has retired after serving the power utility firm for five years.
Dr Chitala says it was challenging duty to manage over 7 billion dollars assets on behalf of the Zambian people.
In a Facebook, Dr. Chitala says he hopes that the examples that have been set will be followed by other patriots.
He says he available for any advice as the company still faces challenges such debt and unfair power purchase agreements.
Dr. Chitala who also former finance deputy minister says he will continue to serve in academia among other areas.
Here is a message from Dr. Chitala:
To all my friends.
After tour of service as Zesco Ltd Chairman and Director for almost five years, I have today retired.
It was a challenging duty as we tried to manage over 7 billion dollars people’s assets with integrity and patriotism.
We hope the example we set up is continued by other patriots.
We will be available to render any advice when sought as the company still has many challenges such as the renegotiation of the odious debt and unfair power purchase agreements and the commissioning of KGL.
We continue serving the Republic in academia and other areas including taking time off to enjoy our 10 grand children.
Dr. Mbita Chitala