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Mr Derick Munsele


Derick is a Fellow Chartered Secretary and Administrator of the Institute of Chartered Secretaries and Administrators (ICSEA) of the UK.

Educational Background


He obtained his qualification at the London School of Accountancy.

He also holds a Master of Business Administration. MBA with majors in Accounting and Finance from the Maastricht School of Management from the Netherlands.

Derick has attended some Continuous Professional Development (CPD) courses in Strategic Marketing. Planning Monitoring and Evaluation. Renewable Energy Sources and Technologies. Corporate Governance. Development of Small and Medium Sized Enterprises. Privatisation of Mining Assets and Public Utilities. Successful Negotiations, Business Analysis for Privatisation. Equity Analysis, to name but a few.

Firm Experience


Derick has over 35 years practical experience in the Zambian corporate industry.

Derick was previously the Managing Director for Commercial Capital Corporation Limited and Money Express Limited.

He was also the liquidation manager for Commerce Bank Limited (In liquidation) during the period 2003 to 2006.

He was the inaugural Managing Director for CYMA Chartered Public Accountants and Management Consultants.

Derick was the Team Leader Financial & Business Analysis for the Zambia Privatization Agency (ZPA)/World Bank. 

Derick's team prepared. negotiated and closed privatisation transactions in excess of USS200 million on total package basis for the following privatization transactions:
• Zambia Metal Fabricators (ZAMEFA)
• ROP Limited
• Luangwa Industries
• KAfironda Limited
• Zambia Detonators Limited (Now Dyno Nobel)
• Scaw Limited
• Kapiri Glass Products Limited
• Zambia Pork Products Limited
• Zambia State Insurance Corporation (Diagnostic Study only)
• Zamox Limited (Now AFROX)
• Zambia Breweries Plc
• Northern Breweries Plc
• Zambia State Lease Finance Company Limited
• BP Zambia Plc 

Derick was the Company Secretary for the Industrial Development Corporation Limited (INDECO). 


Currently


Derick is currently the Consultant in charge for the retainer basis CYMA Company Secretary for the Zambia Electronic Clearing House Limited.

Area of Expertise


Strategic planning. business valuation modelling, mergers and acquisitions. liquidations, corporate secretarial engagements, to name but a few.

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