By Chisomo Phiri
Illovo Sugar Malawi Plc has announced the appointment of Kondwani Msimuko as interim Managing Director (MD) of the company effective January 1, 2025.
In a statement, the company’s board chairperson Jimmy Lipunga says Msimuko’s appointment comes following the impending departure of Lekani Katandula who will assume a new role as Chief Financial Officer for the Associated British Foods(ABF) Sugar in the UK, from January 1, 2025.
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“His expertise in risk management and accounting, combined with his leadership skills, has been instrumental in navigating the company through a dynamic environment,” says Lipunga in a statement.
He says currently, they are in the process of appointing a permanent MD, having already advertised the position.
Msimuko joined Illovo in 2021, and currently serves as the Finance Director.