Mateyo Kaluba Business Leader

Mateyo Kaluba

Group Chief Executive Officer

Industrial Development Corporation Limited (IDC)


Mateyo Kaluba is the Group Chief Executive Officer of the Industrial Development Corporation Limited (IDC) Limited, the largest local holding company in Zambia. He oversees a portfolio of 36 companies across twelve sectors including energy, financial services, railway, and manufacturing. Under his leadership, the corporation has invested in the first grid-scale solar projects in Zambia, fruit processing plants as well as agricultural development projects across the country, among others.

An economist by profession, his experience spans industrial development policy and planning, economic policy, and planning; strategic planning; policy research; and monitoring and evaluation.

Mateyo has served in senior positions in the Public Service including, Director Planning and Information in the Ministry of Commerce, Trade and Industry; Interim Director, Business Regulatory Review Agency; Advisor to the Chief Executive Officer on Policy & Strategy – IDC and Special Assistant to the Minister of Commerce, Trade and Industry. He has and continues to serve as a Board Member on various public and private institutions in Zambia.

He holds a master’s degree in Public Administration, master’s degree in Business Administration, and a bachelor’s degree in Business Administration. He is also an alumnus of the Wharton Executive Education Global CEO Program.

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