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Southern Africa Family and Business Legacy Forum

Ciela Resort & Spa, Lusaka, Zambia

March 6-7th 2025

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Why you should attend..

Families are the backbone of society and businesses are key to the success of economies.
 
This exclusive event will bring together family businesses, entrepreneurs and their advisors – a diverse group of private client professionals and experts – to discuss the issues and solutions facing businesses and family legacy planning.
 

The forum will cover topics such as..

  • Including engaging with and educating the next generation in families
  • Addressing family generational differences in business management
  • Strategies for internationalising family businesses 
  • Building a family business legacy and making an impact in the community
The event will facilitate knowledge sharing for entrepreneurs and their families and investors as well as building relationships between advisors and by extension, their clients.

Forum Agenda

The forum will cover topics such as..

  • Trusts and Insurance for your loved ones
  • Local and international investments 
  • Dual citizenship and educating the next generation
  • Succession planning for families
  • Capital raising and exiting family businesses

We’ll have speakers who will guide us through the day and panels of industry experts engaging in insightful content.

6th March - Morning Session

Tea & Coffee will be served as delegates register

Our MC, Kamiza Chikula will guide us through a programme of the forum and our host Namukale Chintu will give some remarks.

Moderator – Namukale Chintu
Panellists – Chisha Folotiya (Family Business), Nitesh Patel (Family business advisor and investor)

In almost all countries, family-owned companies are the backbone of the economy.

Family businesses face complex challenges, involving not only business and investment decisions, but also
ownership issues and family relationships. Most family-owned companies struggle to survive beyond a single generation.

Worldwide, only one out of three family businesses make the transition successfully from the one generation to the next. Family businesses are vulnerable at times of transition in leadership, when there is often a conflict between the desire to maintain and respect
tradition and the need to adapt and progress the business in response to its changing environment.

In this session, we set the scene for our discussions today by providing a high-level summary of the realities of family businesses in Zambia over the last 40 years – we can’t get to 60 years, precisely because there is no family business that we are aware of that is 60 years old and still in operation!

Therefore, we have put together a panel of a second-generation family business owner as well as seasoned professional who has worked with family businesses over the last 25 years to shed some light on how the landscape has evolved

Tea & Coffee will be served

Moderator – Jason Kazilimani (KPMG Zambia)

Panellists – Shivani Patel (Bookworld), Tarak Mehta (Automotive Equipment), Michael Kroupnik (Micmar), Alan Barr (KPMG South Africa)

Families are the backbone of society and family businesses are key to resilient economies. We’ve discussed the trajectory that family businesses follow, noting that they either thrive, get sold off or close.

In this session we cover some of the most pertinent issues facing family businesses today, including how succession is planned and executed, how the second generations of business leaders prepared to take on the reigns, the changes that they’ve brought to the business and the challenges they face.

Moderator – Lydia Stephenson-Gill
Panellists – Lisa Czepek (Henley & Partners), Anita Zeravica Kosor (Cetina Transport), Adrian Faccio (Henley & Partners)

Our Children comprise Gen Z and Gen Alpha and this panel is all about them. Generation Z, or Gen Z, is the generation of people born between 1997 and 2012. They are known as “digital natives” because they grew up with the internet. They are known for being idealistic, open-minded, and socially progressive. They are more likely to report anxiety and stress from social media than previous generations. They are just entering the workforce and may not have much experience with financial planning. They are the children of Generation X and older Millennials. They are known for living at a slower pace than previous generations. They have fewer teenage pregnancies and drink less alcohol than previous generations.

Generation Alpha refers to the generation of people born after 2010, and they are the first generation to be entirely born in the 21st century. They are also known as the “digital natives”. They are experts in using new technologies. They are diverse in many ways, including race, ethnicity, family structure, and family finances. They are more cautious about what they post online and are more aware of data privacy issues. Generation Alpha is poised to become the largest generation in history, surpassing 2 billion individuals.

In this session we cover how to prepare Gen 3 to become responsible citizens of the world and, if
they so choose the next generation of family business leaders. We cover how dual citizenship and
international education plays a role in this process and conclude by outlining the various citizenship
by investment programmes available to families.

Lunch will be served in the Elements restaurant

Afternoon Session

Moderator – Namukale Chintu
Panellists – Deresh Lawangee (investment themes), Tim Ware (real estate), Patrick Chileshe (local bond market)

Investing in capital markets allows individuals and families to grow their wealth over time by
accessing a platform where companies can raise capital through issuing stocks and bonds, enabling
investors to potentially earn returns through price appreciation and dividends while contributing to
economic growth by providing funding to businesses for expansion and development; essentially, it’s
a way to participate in the broader economy and potentially generate long-term financial gains.

In this session we cover an overview of global markets today, trends in investing across various asset
classes as well as preferences along the continuum of investment management approaches from
self-execution to discretionary management. We’ll also look at the Zambian bond market and its
behaviour against domestic and external factors as well as an overview of the trends in alternative
investments in real estate in Zambia

Moderator – Namukale Chintu
Panellists – Marco Liardo (Charles Monat), Ken Chapman (Birchin Lane Wealth Advisory) Victoria Dean (AMW & Co Legal Practitioners), John Felicite (Ocorian)

Planning for the future can be complicated, not just because the future is unpredictable, but your present circumstance may have various factors to consider – aging parents, the next generation, building a legacy and building financial security for those you care about. We know that responsible families and family businesses need to be empowered to take the necessary steps to secure their future.

In this session we cover how families can manage the risks affecting their ability to build a legacy for the future. We’ll cover how life insurance, wills, trusts and foundations can help families protect and grow their assets for generations to come.

Tea & Coffee will be served

Moderator Ashu Sagar (Carribea Beverages)

Panellists Ceaser Siwale (Pangaea Securities), Charlotte Scott (Mafisa Zambia), Tony Cotrupe (Meliora Advisors)

As family businesses approach maturity there are three possible directions that they take if they don’t fail. Either they go through a successful succession to the next generation, or they partially exit the business to an additional investor or they exit and sell the business completely, either due to a lack of successor or distress. Some businesses take on additional debt. In any event all this involves engaging a third party to join the business.
In this session we cover some of the most pertinent issues entrepreneurs need to consider for a full or partial exit strategy where they engage external investors as shareholders or creditors for the business. We also want to cover the context of social entrepreneurship in which the lines are blurred between running not-for-profits that operate as bottom-line businesses.

Bringing it all together with our keynote speaker, covering his experiences about how Hungry Lion was born and expanded to the size it is today. 

Adrian will speak on what he thinks about family legacy and wealth and how he is incorporating his family into the business.

A relaxing evening of drinks and canapés with light music. (and no speeches!) 

7th March - Golf Morning

Golfers to register.

Break off into nine holes for handicapped and non-handicapped players, plus lessons for aspiring golfers. 

Prize giving across all groups

Light lunch and refreshments will be served.

Forum Speakers

We are proud to host a mix of deep regional experience and global expertise in our speakers and business leaders

Discover our speakers

Adrian Basson (Keynote Speaker)

CEO at Hungry Lion & Founder of DigiCloud Africa

Namukale Chintu

Managing Director, Frontier Markets Advisory

Chisha Folotiya

MD - Rhodes Park Schools Limited

Deresh Lawangee

CEO at EasyRetire

Adrian Faccio

Client Advisor at Henley & Partners

Ken Chapman

Founding Director - Birchin Lane Wealth Advisory

Alan Barr

Partner, Head of KPMG Private Enterprise & Family Business

Anita Zeravica Kosor

MD - Cetina Transport Zambia Ltd

Jason Kazilimani Jr

Managing Partner, KPMG Zambia

Lisa Czepek

MD - Henley & Partners South Africa

Timothy Ware

Managing Director, Knight Frank Zambia

Ceaser Siwale

Chief Executive Officer of Pangaea Securities

Shivani Patel

Director of
Bookworld

Victoria Dean

AMW & Co
Legal Practitioners

Ashu Sagar

Managing Director of Carribea Beverages Limited Zambia

John Felicite

Commercial Director – Head of Africa at Ocorian

Nitesh Patel

Executive Director, DGM Beverages Ltd

Dr. Charlotte Scott

CEO –
Mafisa

Tarak Mehta

Managing Director -Automotive Equipment Zambia Ltd

Marco Liardo

Head and Managing Director of Switzerland in Charles Monat

Tony Cotrupe

CFA is Managing Director Meliora Advisors

Patrick Chileshe

Non-Executive Director
Prudential Pensions Management

Michael Kroupnik

CEO of Micmar

Lydia Stephenson-Gill

Immigration Consultant at Zambian Multi Consultancy

Kamiza Chikula

Corporate Communications and our Master of Ceremonies

Tamara Chirwa Nkolola

Founder and CEO of World Class Insurance Brokers

Forum Sponsors

We’re proud to have multiple sponsors for this event.

To find out more about our sponsors and the services they offer, please visit our sponsor hub.

Discover our sponsors

Headline Sponsor

Panel Sponsors

Strategic Sponsors

Media Partner

Southern Africa Family and Business Legacy Forum

Ciela Resort & Spa, Lusaka, 6th – 7th March 2025

Family Business Advisory

Our family business services include training, family advisory, family governance, succession planning, estate planning, restructuring, business protection and continuity, social impact and philanthropy.

corporate and investment consulting

Our corporate and investment consulting services include investment structuring, portfolio assessments, governance, restructuring, capital raising, due diligence, exit strategy, investment research, ESG, green finance, impact investing and sustainability. We also assist international companies with market entry in East and Southern Africa

private client concierge services

Our private client concierge services offer family, asset and lifestyle management and family protection solutions even for the most complex or abstract of requirements. 

Dr Namukale Chintu is a Non-Executive Director on the boards of Invesco UK and Invesco Asset Management Ltd in London. In her corporate career, she was a Senior Banker at EFG Private Bank and prior to that, at UBS Wealth Management; responsible for Private Clients with African and Central and Eastern European wealth. Before that, she was Head of Global Proprietary Capital investing in UBS Asset Management. Prior to UBS, She was Co-Head of Africa at Syntaxis Capital and before the 2008 financial crisis, held capital market roles at Morgan Stanley and Lehman Brothers. Prior to starting her career in financial services, she worked for the United Nations Development Program in aid coordination.

Dr Chintu consults with Frontier Market Consultants London, set up as an exclusive advisory services company that builds long term relationships with clients. She is also the National Secretary for the Rhodes Scholarships in Zambia.

Dr Chintu holds a Ph.D. from the University of Cambridge Judge Business School, where she also taught on the school’s Executive MBA programme.  She also holds two MScs in Financial Economics and Management Research from the University of Oxford as a Rhodes Scholar, and a BA in Economics from the University of Zambia as a Bank of Zambia Scholar.

Leadership and CPD

Our leadership and continuous professional development services include Board and C-Suite packages that range from governance and strategic planning to other latest industry trends, as well as personalised coaching for executives.

Mr. Sanjeev Gupta grew up in India and obtained a bachelor degree in electrical engineering from the prestigious Indian Institute of Technology, Delhi. He followed this up with a Master’s in Business Science from the London Business School U.K. His illustrious career in banking and finance spans over 30 years starting with banks in India in retail & corporate banking, including establishing a successful Non-Resident Indian business for Standard Chartered and then worked with them in the UK & Tanzania. In Tanzania he established the Consumer banking business for the Bank and thereafter joined ABN Amro in London in Global Transaction Services. In 2005 he joined UBS AG in the UK as a private banker and became Head of the Turkey, Israel, Greece and Africa teams within the Bank. In 2016 Sanjeev established the Africa coverage for Emirates NBD Private Banking in Dubai and later moved to manage the Africa team at Julius Baer (Middle East) Ltd where he was Managing Director Senior Advisor. He left Julius Baer in June 2020 to establish own financial coaching venture in London – Master Money Limited which seeks to help young professionals to manage money and build financial security. He is currently the Chair of the Board of Directors of Imani Capital, a Boutique Asset Management Company

Mr. Tony Cotrupe, CFA is Managing Director Meliora Advisors, LLC where his work is focused on the valuation of assets and businesses for transactions, financing, business dispute, and tax reporting purposes.  He is CFA Charterholder and earned a BA in political science and an MBA in finance and economics, both from The University of Rochester.  Tony has worked in business valuation, investment banking, private equity and venture capital for over 30 years. Before forming Meliora Advisors in 2008, he worked in premier global institutions including Ernst & Young, JPMorgan, and Huron Consulting Group where he led valuation and structuring for large corporate transactions.

Widely travelled, a wild-life and adventure sport enthusiast, Coach and Training & Development Consultant, Professor Ayaz Shafi has over 3 decades of experience in academia and industry. He is the author of “A New Approach to Motivation – Four Drive Model” (Taylor & Francis, International Journal for Human Behaviour in Social Environment). He is an Associate Professor at United world School of Business – Kolkata and a visiting faculty at University of Professional Studies, Accra (Ghana). Among other leading institutions in Africa and India, he has been a Guest Lecturer at University of the West of England (Bristol, U.K.) Ayaz is a certified Chally and DISC Assessor with wide ranging experience as an Assessor. He has been involved in the T&D and Change Management process at Standard in Chartered Bank in Zambia, Ghana, Botswana, Nigeria and Sierra Leonne. Ayaz coaches senior professionals and individuals for greater effectiveness in business and personal life. He has held senior positions as a corporate professional.

David Burton is a Property Consultant specialising in Investment, Asset and Development Management and Corporate Real Estate. He has 30 years’ experience in the property industry in the UK and in Africa and is the founding partner of Property Lynx, a niche consultancy that capitalises on investment and development opportunities in Africa and the UK. David has acted for both commercial property owners and property occupiers in office, retail, industrial and mixed-use leisure assets. He provides strategic real estate, portfolio and FM advice to Country, Regional and Group Boards. David’s experience has been gained at Gerald Eve (graduate surveyor), Weatherall Green & Smith (Senior Surveyor), Knight Frank Botswana (Managing Partner), Savills (Associate Director) and Standard Chartered Bank (Head of Corporate Real Estate Services Africa and Regional Portfolio Manager). David is an expert in valuation, acquisition and sale of property investments in all sectors of the commercial property market across the UK and has acted for Corporate and Private Clients from UK and Southern Africa.   David qualified as a Chartered Surveyor in 1989 and whilst in Botswana sat on the RICS Committee for eight years.    

Mr. Matthew Nash spent over 20 years working for top tier Private Banks, including HSBC and Standard Chartered, advising High Net Worth families and actively involved in investment advice, foreign exchange, cross border investment, property lending and development, trusts and offshore structures. He also worked closely with the corporate and investment banks at both institutions on corporate transactions originated from the Private Bank. He has spent the last 4 years working at a Nigerian based corporate advisory firm working on corporate transactions from across the sub-Saharan African region. He is a member of the Institute of Financial Services and Chartered Institute of Securities and Investment.