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.
“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.