Jito Kayumba | |
---|---|
Special Assistant and Advisor to the President | |
Assumed office 15 September 2021 | |
President | Hakainde Hichilema |
Personal details | |
Born | Lusaka,Zambia |
Alma mater | African Leadership University School of Business,Concordia University |
Jito Kayumba is a Zambian investment professional and business strategist who is currently a Special Assistant and advisor to President Hakainde Hichilema on Economic,Investment and Development Affairs since September 2021. Previously,he served as a partner at Kukula Capital,a venture capital firm in Zambia.
Jito Kayumba has sat on the boards of Airtel Zambia Plc,Zambian Breweries Plc,Famous Brands Zambia,Betternow Finance Company,iSchool Zambia,among others. [1] [2] [3]
Jito Kayumba did his bachelors in Political Science in Canada and went on to work in boutique investment firm before moving back to Zambia in 2009. He then began work in an advisory firm as an associate dealing in market entry,investments,mergers and acquisitions,in the mining and energy sector. He then joined Kukula Capital in 2012 where he served as partner until his government appointment in September 2021.
While at Kukula,he went on to do a Masters in Business Administration and has done numerous programs in leadership and investment.
Prior to joining the Hichilema administration,Kayumba served on different Zambian boards including Airtel and Zambian Breweries Ltd. [4]
Zambia is a developing country and it achieved middle-income status in 2011. Through the first decade of the 21st century,the economy of Zambia was one of the fastest growing economies in Africa and its capital,Lusaka the fastest growing city in the Southern African Development Community (SADC). Zambia's economic performance has stalled in recent years due to declining copper prices,significant fiscal deficits,and energy shortages.
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