Zambia Railways Limited Appoints Cuthbert Malindi as New Managing Director
The Board of Directors of Zambia Railways Limited (ZRL) has officially announced the appointment of Mr. Cuthbert Malindi as the new Managing Director, effective from January 2, 2025.
This strategic move is expected to steer the organization towards enhanced operational efficiency and growth in the railway sector. Mr. Malindi comes to this role with a robust background and impressive credentials. As a Mechanical Engineer, Chartered Accountant, and Chartered Financial Analyst, he brings a wealth of knowledge and expertise to Zambia Railways. With over 25 years of experience, he has established himself as a seasoned venture capitalist and a proficient business and transaction advisor.
His career has been marked by successful leadership in driving investment and business growth initiatives across a diverse range of public and private organizations. His extensive experience in the transportation and logistics sectors uniquely positions him to contribute to the revitalization of Zambia Railways. Mr. Malindi has a proven track record of success with government- and pension fund-backed equity and venture capital funds in several Southern African countries, including South Africa, Botswana, Namibia, and Zambia.
This background equips him with the insights necessary to navigate the challenges and opportunities within the railway industry. Throughout his career, Mr. Malindi has demonstrated his capabilities as a multi-skilled executive. He has successfully provided strategic and investment advice on a variety of critical areas, including capital raising, business setup and growth, and restructuring. His expertise spans multiple sectors, notably in logistics, technology, fintech, and agriculture value chains.
His comprehensive understanding of these industries will be invaluable as he leads Zambia Railways into its next phase of development. The appointment of Mr. Malindi is a significant step for Zambia Railways Limited, as the organization seeks to enhance its operational capacity and improve service delivery. His leadership is expected to bring fresh perspectives and innovative strategies that will benefit the railway sector and contribute to the overall economic development of Zambia. With Mr. Malindi at the helm, ZRL aims to strengthen its position within the regional transportation landscape and support the growth of trade and commerce in the country.
