Albert Yuma Mulimbi

Albert Yuma Mulimbi
Yuma in 2013
Born (1955-07-30) 30 July 1955
Katanga Province, Democratic Republic of Congo
Residence Kinshasa
Alma mater Université catholique de Louvain
Occupation

Albert Yuma Mulimbi (born July 30, 1955) is a Congolese businessman, economist and chairman at the Congolese state-owned mining company Gecamines.[1][2][3] An International Labour Organisation dignitary,[4] he is the chairman of the Congolese Employers Federation, Democratic Republic of Congo's biggest business lobby group.

Early life

Yuma was born on July 30, 1955 in Kongolo, inside the Katanga Province.[5][6] Having spent much of his childhood in Belgium, he later earned a Master of Applied Economics from the Université catholique de Louvain.[6][7]

Career

Yuma joined UTEXAFRICA, a textile and real estate development company now known as TEXAF, in 1983.[6][8] He serves as its co-managing director [5] and is also a major shareholder, where he derives most of his wealth.[5]

Since late 2010, he has served as the chairman of Congo's parastatal mining enterprise Gécamines.[6][8][9] Under his leadership, he attempted to grow the company in spite of its international competitors.[10] For example, he spearheaded a lawsuit in the International Court of Arbitration against Freeport-McMoRan after Freeport sold its 80% stake in the Tenke Fungurume mine to China Molybdenum, as it had failed to warn Gécamines, which owns 20% of the mine.[10] As of September 2016, he planned to cut costs by reducing the workforce.[11]

Yuma is the chairman of Texico, the manufacturer of police and army uniforms in the DRC, and deputy chairman of Texafrica, the manufacturer of uniforms for infrastructure workers.[7] Additionally, he is the co-owner of Afritex, a wrapper factory in Kinshasa.[5] In 2015, after he had failed to purchase the Orgaman Group from the Damseaux family because their asking price was too high, Yuma also invested in food production.[5] He also serves on the board of directors of the Central Bank of the Congo.[5]

In addition, Yuma serves as the chairman of the Congolese Employers Federation (FEC),[7][8] and as the Vice-President of the International Organisation of Employers.[6] Since 2012, he has also served as the chairman of the Permanent Conference of African and French-Speaking Consular Chambers (CPCCAF), an organization of francophone African chambers of commerce.[5][8][12] Additionally, he serves on the board of directors of the Belgian-Congolese-Luxembourg Chamber of Commerce,[13] and the council of the International Labour Organisation.[6]

He is a Commander of the Order of the Crown.[6]

References

  1. ↑ "Gecamines vows to pursue dispute against Freeport" Financial Times November 1, 2016. Retrieved 2017-01-18
  2. ↑ "Gecamines woos Chinese investors for Congo mining projects" Financial Times November 23, 2016. Retrieved 2017-01-18
  3. ↑ "Congo's Gecamines Shelves Sale of Stake in Glencore Copper Mine" The Wall Street Journal June 2nd, 2014. Retrieved 2017-01-18
  4. ↑ "Jim Armitage: The boss of the DRC’s state-owned mining operation remains defiant despite uncomfortable questions over its controversial asset sales" The Independent April 19, 2014. Retrieved 2017-01-18
  5. 1 2 3 4 5 6 7 Le Bec, Christophe (May 31, 2015). "Portrait : Albert Yuma Mulimbi, l'hyperactif". Jeune Afrique. Retrieved December 23, 2016.
  6. 1 2 3 4 5 6 7 "Board of Directors". TEXAF. Retrieved December 23, 2016.
  7. 1 2 3 Meunier, Marianne (May 12, 2010). "Albert Yuma Mulimbi, le patron des patrons". Jeune Afrique. Retrieved December 24, 2016.
  8. 1 2 3 4 Manciaux, Cécile (June 11, 2012). "RDC : Albert Yuma Mulimbi, le sauveteur de la Gécamines". Jeune Afrique. Retrieved December 24, 2016.
  9. ↑ Meyer, Jean-Michel (December 16, 2011). "Albert Yuma Mulimbi : " La Gécamines redeviendra un opérateur minier indépendant "". Jeune Afrique. Retrieved December 24, 2016.
  10. 1 2 Sanderson, Henry (November 1, 2016). "Gecamines vows to pursue dispute against Freeport". Financial Times. Retrieved December 24, 2016.
  11. ↑ "Albert Yuma Mulimbi : " À la Gécamines, nous avons fait du très bon travail "". Jeune Afrique. September 12, 2016. Retrieved December 24, 2016.
  12. ↑ "Une gouvernance adaptée à un réseau multiculturel". CPCAF. Retrieved December 24, 2016.
  13. ↑ "MEMBRES DU CONSEIL D'ADMINISTRATION DE LA CCBCL". Chambre de Commerce Belgo-Congolaise-Luxembourgeoise. Retrieved December 24, 2016.
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