David Lungu is the Managing Director of Indeni Petroleum Refinery, Zambias sole oil refinery. He focuses on strategic expansion and modernization to enhance production capacity and meet evolving market demands, such as producing low-sulphur diesel. He has publicly championed the view that state-owned enterprises can operate efficiently and be profitable.
He presented a K31 million dividend to the state, calling it a testament that state-owned enterprises can be profitable.
David Lungu
Managing Director at Indeni Petroleum Refinery Company Ltd.
Zambia
Overview
Topics They Care About
SOE Profitability
Stated that Indeni's dividend payment is a testimony that State-Owned Enterprises can be efficient and profitable, challenging common perceptions.
Refinery Modernization
He has focused on securing significant financing for capital-intensive projects to upgrade and expand Indeni's capabilities and production capacity.
Strategic Operations
Oversaw a multi-year strategic plan to rehabilitate the plant and has constituted technical teams to improve operations and create more jobs for Zambians.
Media Appearances
David has no verified media appearances
Work History
Managing Director at Indeni Petroleum Refinery Company Ltd.
Education
David has no verified education history
More Information
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Exp : N/A
Location : Zambia
Job Level : Mid-senior
Designation : Managing Director at Indeni Petroleum Refinery Company Ltd.
