Economist Patrick Kabambe is the new chief executive officer for the Public Private Partnership Commission (PPPC) effective February 1 2020.
The commission announced in a brief statement yesterday: “The board chairman, commissioners, management and staff would like to congratulate Mr Kabambe on his appointment. The commission wishes him all the best on his new role.”
Kabambe, who holds a Master’s Degree in economics from the State University of New York at Binghamton obtained in 1996, is joining the commission from First Capital Bank where he was working.
Prior to joining First Capital Bank, he worked in the civil service in various positions and rose to become Principal Secretary (PS) at Ministry of Foreign Affairs and Ministry of Education, according to his LinkedIn profile.
In July 2014, Kabambe was moved to the Ministry of Labour following changes the Office of President and Cabinet (OPC) announced during former president Peter Mutharika’s administration.
Kabambe has replaced Jimmy Lipunga, who left PPC after serving 14 years at the helm of the institution.
Lipunga worked at PPPC for 23 years, making him remnant of the original team of staff recruited at the inception of what was then called the Privatisation Commission back in 1996.
He proceeded to early retirement in August 2019 to pursue other interests.
Kabambe could not be reached for comment yesterday.