Board Member-Zambia

Mrs. Ruth Mugala

Introducing Mrs. Ruth Mugala: A Trail Blazer in Finance and Governance

Mrs. Mugala boasts impressive qualifications and experience in the financial realm. She holds a Bachelor of Accountancy Degree from the prestigious Copperbelt University of Zambia and is recognized as a Chartered Certified Accountant with ACCA. Additionally, she has earned the esteemed title of Fellow of ZICA, further bolstering her professional credentials.

As an independent Financial Management Consultant, Mrs. Mugala provides invaluable advisory services to a diverse range of organizations and individuals. Her expertise lies in assisting small and medium-sized enterprises (SMEs) and individual entrepreneurs, particularly emphasizing the empowerment of women and youth. She guides them in crucial financial management areas such as savings, capital raising, investments, budgeting, and bookkeeping.

Mrs. Ruth Simwanza Mugala has made significant strides in the world of finance and governance. On March 17th, 2022, the Securities and Exchange Commission (SEC) proudly announced her election as the first-ever female Chairperson of the Commission Board, marking a historic milestone in the organization's history.

Prior to assuming the esteemed position of Chairperson, Mrs. Mugala served as the Vice-Chairperson of the Board, demonstrating exceptional leadership capabilities. Moreover, she expertly chaired the Risk and Audit Committee, showcasing her keen insight in managing potential challenges and fostering transparency within the Commission.

Currently, Mrs. Mugala holds the position of Executive Director at Massy Capital Services Limited and Massy Wellness Services. Her multifaceted career includes executive roles such as Executive Accountant at One Way Ministries and Manager of Accounting Services at United Way in Canada. She has also held key financial positions at renowned companies such as Zambia Emeralds Limited, Zambia Steel Company, INDECO Central Limited, EC Milling Company, and National Milling Company Limited, where she showcased exemplary financial acumen.

As a representative of the esteemed Zambia Institute of Chartered Accountants on the Board, Mrs. Mugala serves as a beacon of professionalism and expertise. Her presence enriches the collective wisdom and vision of the Commission, reinforcing its commitment to fostering integrity and promoting growth within the capital market.

The Amora Legacy Foundation is thrilled to have Mrs. Mugala as a member of its Board. Her appointment signifies the Foundation's dedication to diversity, gender equality, and the recognition of exceptional talent. With her remarkable skills, extensive experience, and passion for financial empowerment, Mrs. Mugala is poised to contribute significantly to the Foundation's mission. Her leadership will undoubtedly guide the Foundation towards achieving transformative goals, supporting positive change, and making a lasting impact on society.

The Amora Legacy Foundation wholeheartedly welcomes Mrs. Mugala and eagerly anticipates the exceptional contributions she will make in her new role. Her appointment highlights the Foundation's commitment to nurturing diverse leadership and leveraging the expertise of extraordinary individuals. With her exceptional qualifications and unwavering dedication to financial empowerment, Mrs. Mugala will play a pivotal role in advancing the Foundation's vision and shaping a brighter future for all.

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