MINISTER of Finance and National Planning Dr Situmbeko Musokotwane has appointed economist Noel Nkoma as board chairperson for the Development Bank of Zambia for a period of three years.
In a letter addressed to Nkoma and dated February 25, Dr Musokotwane stated that he was confident that Nkoma would execute his duties with due diligence.
“It is with great pleasure that I appoint you as Board Chairperson for Development Bank of Zambia with immediate effect for a period of three years. This appointment is pursuant to the Development Bank of Zambia Act CAP363 Section 4 (3). I am confident that you will execute your duties with due diligence as we move our country forward for the betterment of every Zambian,” stated Dr Musokotwane.