PRESS RELEASE - APPOINTMENT OF MR GIBSON S NGALAMILA AS EXECUTIVE SECRETARY

The Board of Trustees of Press Trust is pleased to announce the appointment of Mr Gibson S Ngalamila as Executive Secretary of Press Trust with effect from 1st November 2017.

Mr Ngalamila joined Press Trust on 1st September 2003 and he has worked diligently in various capacities over the last 14 years. Over those years, he has been at the forefront of supporting and delivering development programmes in the most critical social sectors across the country. Mr Ngalamila has also been managing the strategic interests of the Trust regarding its investments for a long time now and he was actually responsible for growing the investment portfolio of the Trust and ensuring that the portfolio delivers sustainable returns for the Trust. He therefore brings to the executive leadership of the Trust a wealth of experience and intrinsic knowledge of its programmes.

Mr Ngalamila has served as director on the boards of a number of companies and organisations. Currently, he is a non-executive director representing the interests of Press Trust on the boards of Press Agriculture Limited (PAL) and Continental Holdings Limited (CHL). At CHL, he also serves as Chairman of Continental Asset Management Ltd. Mr Ngalamila has recently been appointed as a non-executive director on the board of Press Corporation Plc. He has previously served as a Technical Committee Member (Director) of the joint UNDP/ Press Trust GSB Pro-Poor Revolving Fund.

Mr Ngalamila is a chartered company secretary (ACIS) with the Institute of Chartered Secretaries and Administrators (ICSA) as well as a Fellow of the Association of Chartered Certified Accountants (FCCA). He has a Bachelor of Accountancy (B.Acc.) degree with a distinction from the University of Malawi. He is a duly registered chartered accountant (CA) with the Malawi Accountants Board and a member of the Institute of Chartered Accountants in Malawi (ICAM).

The Board of Trustees and Management of Press Trust congratulate Mr Ngalamila on his appointment as Executive Secretary of Press Trust and we have no doubt that he will take the Trust to new and greater heights

MAYER G CHISANGA,SC,
CHAIRMAN

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