Board of Directors

“Our Board governs through clearly mandated Board Committees, accompanied by monitoring and reporting systems”

The Board of Directors is responsible to the shareholders for the performance and direction of Zambeef, through the establishment of strategic objectives and key policies, as well as approving major business decisions in accordance with its charter. The Board currently consists of two Executive Directors and nine non-executive directors. Six non-executive directors are considered to be independent by the Board in terms of the QCA guidelines.

The Board of Directors is responsible for:

  • Determining strategy;
  • Monitoring the Group Code of Ethics and Conduct, and the Anti Bribery and Corruption programme;
  • Agreeing risk appetite and overseeing management of risk;
  • Monitoring business and management performance; and
  • Communicating with shareholders and representing shareholder interests.

Our Board governs through clearly mandated Board Committees, accompanied by monitoring and reporting systems. Each committee operates within defined terms of reference and authority granted to it by the Board. Our Board meets at least four times during each financial year and under the following core governance structures and principles:

  • The roles of the Chairman and the Chief Executive Officer are separate. The Chairman is considered to be independent;
  • The role of the Chairman is to provide leadership of the Board and ensure its effectiveness on all aspects of its remit, in addition to providing leadership in corporate governance implementation and practice;
  • The role of the Chief Executive Officer is for the strategic development of the Group and for communicating it clearly to the Board, and once approved by the Board, for implementing it. The Chief Executive Officer is responsible for overseeing the management of the Group and its executive management;
  • The Board believes that its overall composition is appropriate, with no individual or group dominating the decision making process, and with a good balance between knowledge, experience and independence;
  • All Directors have had access to management, including the Company Secretary, and to such information as was needed to carry out their duties and responsibilities fully and effectively;
  • Our Directors have stayed fully abreast of the Group’s business through meetings with senior management;
  • All Directors are entitled to seek independent professional advice concerning the affairs of the Group at its expense;
  • One third of the Non-Executive Directors are subject to the “retirement by rotation” provisions contained in the Companies Act of Zambia.


Below are the current directors of Zambeef and their respective biographies:

Michael Mundashi


Nationality: Zambian
Qualifications: Bachelor of Laws Degree (University of Zambia); Post Graduate qualification as an Advocate of the High Court of Zambia
Experience: Over 30 years post qualification experience in both the public and private sectors. Served as Chairman of the Zambian Tax Appeals Court and as Independent Non-Executive Chairman of Standard Chartered Bank Zambia Plc.
External appointments: Currently serving as Chairman of British American Tobacco Zambia Plc and Sanlam Insurance; Director of Nico General Insurance. Also, full time Managing Partner of the law firm of Mulenga Mundashi Legal Practitioners.

Faith Mukutu
Chief Executive Officer

Faith Mukutu

Nationality: Zambian
Qualifications: A.C.C.A. (Chartered Certified Accountant) – Zambia Centre for Accountancy Studies, Zambia; Certified Accounting Technician – Zambia Centre for Accountancy Studies, Zambia
Experience: Over 15 years experience in senior finance positions of major corporates, including Zambia Sugar Plc and Zambian Breweries (part of SABMiller Group).
External appointments: Current directorships include: Bayport Financial Services Ltd; National Breweries Plc and Zambia Sugar Plc.
Committee membership: Audit Committee (Member); Remuneration and Succession Committee (Member)

M’boo Mumba
Chief Financial Officer


Nationality: Zambian
Qualifications: Bachelor of Accounting; A.C.C.A. (Chartered Certified Accountant)
Experience: Mr Mumba joined Zambeef Group in May 2020 as Project Manager before taking up the role of Group Head of Treasury and Administration. Mr Mumba’s career portfolio includes a previous role as CFO of the Wildlife Conservation Society of Zambia before joining Standard Chartered Bank Zambia, where he served as a director in corporate banking.
External appointments: Current directorships include: Zam Chick Ltd; ZamHatch and St Ignatius.

Jonathan Andrew Kirby
Non-executive Director

Jonathan Andrew Kirby

Nationality: South African
Qualifications: Bachelor of Accounting (University of the Witwatersrand, RSA) Higher Diploma in Tax Law (Rand Afrikaans University, RSA)
Experience: 25 years’ experience with SABMiller. Previously SABMiller Finance Director: Africa. Appointed VP Finance for AB InBev Africa before retirement.
External appointments: Director – Delta Corporation (Zimbabwe) Ltd.
Committee membership: Audit Committee (Chairperson); Remuneration and Succession Committee (Member)

Katebe Monica Musonda
Non-executive Director

Katebe Monica Musonda

Nationality: Zambian
Experience: Ms Musonda is a dual-qualified English solicitor and Zambian advocate with over 15 years post qualification experience. She has held senior positions in private practice with Clifford Chance & Edward Nathan as well as worked as in-house corporate counsel at International Finance Corporation and for the Dangote Group. Ms Musonda is the recipient of the 2017 African Agribusiness Entrepreneur of the Year award. She is a 2013 Young Global Leader (World Economic Forum) and Archbishop Desmond Tutu Leadership Fellow.
External appointments: Currently CEO and Founder of Java Foods, Non-executive director of Airtel Networks Zambia PLC, Non-executive director of Zambian Breweries PLC, Member of the Global Advisory Board for Scaling Up Nutrition Business Network, Appointed by the UN Secretary General to be a member of the Lead Group on Scaling Up Nutrition Movement
Committee membership: Remuneration and Succession Committee (Chairperson); Environmental and Social Committee (Member)

Pearson Gowero
Non-executive Director


Nationality: Zimbabwean
Qualifications: BSc (Hons) degree in Economics, MBL
Experience: Mr Gowero is currently the Chief Executive of Delta Corporation Limited, a leading beverages company in Zimbabwe, having joined Delta in 1997 as Marketing Director of the then Chibuku Breweries Division and becoming the unit Managing Director in 2001. He has held various senior positions in the beverages business and became Executive Director Operations in 2003. He spent five years on secondment to the SABMiller Group from 2006 to 2011 where he was the Managing Director of Zambian Breweries Group. Prior to joining Delta, he had worked in the clothing retail industry.
External appointments: Currently the Chief Executive of Delta Corporation Limited
Committee membership: Environmental and Social Committee (Chairperson); Audit Committee (Member)

Roman Frenkel
Non-executive Director


Experience: Spent nine years between 2009 and 2018 at Ethemba Capital LLP, Emerging Markets Private Equity Fund, London, as Investment Director. Mr Frenkel has also spent time at Merrill Lynch CEEMEA Investment Banking, London, as well as KPMG, Transaction Services and Audit, London.
External appointments: Currently Director of Direct Private Equity focusing on Food & Agriculture at CDC Group Plc, London.
Committee membership: Audit Committee (Member); Environmental and Social Committee (Member)