The appointment of Mr. Jean Muntuabu Luabeya: a strategic turning point for Plantations et Huileries du Congo

“The appointment of Mr. Jean Muntuabu Luabeya as the new Chairman of the Board of Directors of Plantations et Huileries du Congo (PHC) marks a crucial step in the history of this emblematic company of the Democratic Republic of Congo. With 30 years of professional experience and an exemplary career in the service of his country, Mr. Luabeya embodies the vision of renewal and growth for PHC.

A graduate in economics and having held key positions within the Congolese government, Mr. Luabeya brings solid expertise in management and governance. His past achievements as Advisor to the Economic and Social Council of the Presidency demonstrate his ability to anticipate economic challenges and propose sustainable solutions. His election as Senator of the Province of Kasai Central in 2024 also demonstrates his commitment to the development of his region.

By taking the helm of the Board of Directors of PHC, Mr. Luabeya is committed to consolidating the company’s position as a leader in sustainable palm in the DRC. His renewed vision, focused on growth and positive impact in the agricultural sector, offers promising prospects for the future of the company and the economic development of the country.

The positive reaction of shareholders, including Mr. Wale Adeosun, Chairman of Kuramo Capital Management, underlines the importance of this appointment for the future of PHC. Mr. Luabeya’s commitment to carrying out his mandate with integrity and transparency is a guarantee of confidence for all the company’s partners and investors.

This new direction of PHC is part of a dynamic of reinforced collaboration with the Congolese State and stakeholders in the agricultural sector. The appointment of Mr. Luabeya as Chairman of the Board of Directors represents a decisive turning point for the company and opens the way to new opportunities for growth and sustainable development.

In conclusion, the arrival of Mr. Jean Muntuabu Luabeya as President of PHC symbolizes a new momentum for this historic company and underlines the importance of strategic vision and enlightened leadership in building a prosperous future for the agricultural industry in the DRC.”

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