Africa-Press – Zambia. The Industrial Development Corporation (IDC) Group Chief Executive Officer, Mateyo C. Kaluba’s 7 year marriage with the institution has ended. This follows the expiration of his contract with effect from Wednesday 17th August 2022, the corporation has revealed. In a statement, IDC Head Corporate Communication, Namakau Mukelabai said:
The Industrial Development Corporation (IDC) Board, wishes to inform the general public that the IDC Group Chief Executive Officer, Mr. Mateyo C. Kaluba has separated from employment with the Corporation following expiration of his contract with effect from Wednesday 17th August 2022.
The IDC Board has thanked Mr Kaluba for his work and efforts at IDC and wished him well in his future endeavors. Mr Kaluba has been at the helm of IDC since August 2016.
Meanwhile, Mr Henry Sakala continues to act as the Group Chief Executive Officer of the Corporation. Prior to his acting appointment in March 2022, Mr Sakala was the Chief Portfolio Officer of the IDC.
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