Illovo Africa appoints Doug Kasambala new Group Finance Director

Sugar manufacturer Illovo Sugar Africa (Illovo Malawi’s parent company), has appointed Doug Kasambala as Group Finance Director  effective 1 February 2020, the first Malawian to hold such a post in the group.

Doug Kasambara the first Malawian to hold post as Group FD for Illovo Sugar Africa

Mark Bainbridge out‐going Managing Director of Illovo Sugar Malawi said as Africa’s leading sugar producer, Illovo are determined to appoint and develop “the very best talent from across our markets.’’

Kasambara enters the role with an academic resume that has CIMA qualifications, a Bachelor of Science degree in Computer Science (University of Malawi), and an MBA in Finance (University of Nottingham).

His resume further exposes a finance man that is well rounded.

“Doug joins Illovo from KPMG UK where, as a Director in their Corporates – Finance transformation practice, he led the manufacturing finance capability”, according to Kasambara’s profile shared with Nyasa Times  by IllovoSugar.

“Doug has spent five years with KPMG, and prior to that, was a Finance transformation consultant with IBM for three years”.

He has led large and complex finance and management information transformation projects with several multinational corporations including BP, Glaxo Smithkline, and AstraZeneca, as well as ABF.

Prior to becoming a consultant, Doug gained FMCG experience having spent 13 years with Unilever Plc supporting different regions including Europe, Africa and Asia in various functions including corporate audit, supply chain finance and enterprise services working as Finance  Manager progressing to Finance Director.

Before moving to the UK, Doug started his career in the banking industry in Malawi, working with the two largest banks, Commercial Bank (now Stanbic) and National Bank in their treasury and leasing departments.

Kasambara said he is “ very excited” by the opportunity to join Illovo,  “particularly at this crucial time as the business continues to transform.”

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Lester
Lester
6 months ago

Well, when Lekani was promoted the tribal thing did not come up. Pano Eeeh north Korea. It’s sad because it’s evident who the tribalists are. That said congratulations are in order sir.

Adona
Adona
6 months ago

Congratulations Doug… successful from the foundation

Wena Mpoto
Wena Mpoto
6 months ago

North Korea continues to shine, well done Sir so proud of you carry that banner really high! Quota system or no Quota system, w e will contiune to rise Up!!!!!

Mangochi Kabwafu
Mangochi Kabwafu
6 months ago

Quota resistant.

Nyenkhwe
6 months ago

UKU NDIYE KUBWERA!Osati zinazi

Acapulco
Acapulco
6 months ago

Illovo seems to be slowly invading, occupying and will eventually be controlling audit firms. First it was top auditor lekani katandula joining his client illovo malawi, now this kasambara from kpmg uk joing illovo africa. There is risk of creating revolving doors between audit firms and illovo (auditor capture) which could lead to poor quality audits. Already illovo malawi is answering charges relating to illegal foreign payments to illovo africa

Joseph Banda
Joseph Banda
6 months ago

Many congratulations to him. But lying is no good. the first Malawian on this post is lekani Katandula who has been promoted to be the first Malawian to be the Managing Director.

kumawelenga bwino
kumawelenga bwino
6 months ago
Reply to  Joseph Banda

komatu alemba kuti “Illovo Sugar Africa” not illovo Malawi?

Sabrina Mwale
Sabrina Mwale
6 months ago
Reply to  Joseph Banda

Lekani is Managing Director of Illovo Malawi whilst Doug Kasambara is Finance Director of Illovo Sugar AFRICA the parent company of Illovo Malawi, sukumvetsa pati Joseph Banda? Lekani is overall in charge of Illovo Malawi and Doug is incharge of Illovo’s six African businesses (the financial part), is it clear?

Mnyamata wa nzeru
Mnyamata wa nzeru
6 months ago
Reply to  Joseph Banda

Iiiiiiii kuwuma mutu!!! Read carefully iwe!!!!

Ngulukira
Ngulukira
6 months ago
Reply to  Joseph Banda

Joseph always kukhala ndi mtima watsankho

Apumbwa
Apumbwa
6 months ago
Reply to  Joseph Banda

Phuma!………. next time make sure you understand issues before exposing your ignorance. Illovo ( Malawi ( Katandula) and Illovo Africa ( Kasambara) are not the same

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