Puma Energy Zambia Plc – Change in directorate

By Published On: July 11th, 2022Categories: Corporate announcement

Pursuant to section 3.59 of the LuSE Listing Requirements, the Board of Directors of Puma Energy Zambia Plc (“PUMA” or the “Company”) wishes to announce the resignation of Mr. Knight Silumesii as Managing Director and Executive Director of the board effective 15 June 2022. Mr. Silumesii continues to be employed in the Puma Group. Furthermore, the Board has appointed Mr. Patricio Chababo as Managing Director and Mr. Stanley Chipeta as Executive Director effective 15 June 2022.

Mr Chababo has over fifteen years of experience performing general management roles at a regional and global level in the Mid-Downstream Petroleum Companies in Latin America and Africa. He is a Chartered Accountant and holds a Bachelor Degree in Economics Sciences from the Universidad Nacional de Rosario, Argentina and Advanced Development Program for General Management from London Business School. Prior to his appointment Mr Chababo served as Puma Energy Zambia a Plc’s General Manager and has been part of the Puma Energy Africa Group for over four years including an assignment as General Manager in Puma Energy Angola.

Mr Chipeta has over forty years of experience as a lubricants specialist in the mining and petroleum industry. He is a graduate of a BSc (Chemistry) from the University of Zambia and a post graduate diploma of Fuel & Energy Engineering from Leeds University, United Kingdom.

The Board wishes to thank Mr. Silumesii for his contribution to the Company over the past few years and wish him continued success in his future endeavors, as well as to congratulate Mr. Chababo and Mr. Chipeta on their appointments, and looks forward to their contributions to the Company.

By order of the Board

Patricio Chababo
Executive Director
Issued in Lusaka, Zambia on 8 July 2022


Puma Energy Zambia Plc (PUMA.zm)

Share price: 1.59 Kwacha (0.00 | 0.00% – 15/08/22)

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