Written on September 14, 2021
Appointment of Board Chairperson

The Board of Directors of ICON Properties Plc is pleased to announce the appointment of Mr. Eric Chapola as the Chairman of the Board of ICON Properties Plc with effect from the 25th of August 2021.

Mr. Eric Chapola is a Chartered Insurer with the UK Associateship ACII qualification (Master’s Degree Equivalent), and a fellow under Society of Fellows UK. He also holds a Diploma in Business Studies from the then University of Malawi (Polytechnic).

He is currently the Chief Executive Officer of NICO Life Insurance Company Limited since 2017. In his tenure as Chief Executive Officer, Mr. Chapola has provided strategic leadership in management of the NICO Life property portfolio.

Mr Chapola has extensive board leadership and experience having served as Chairman of MalawiRevenue Authority (2017-2019) and currently the Chairman of the Malawi Blood Transfusion Services Board and Life Pharmacies Limited Board.  He also serves on the boards of the University of Malawi, Sanlam Mozambique, NICO Zambia Insurance Company Limited, Insurance Institute of Malawi, amongst other boards.   


ICON Properties Plc is a Real Estate investment company, listed on the Malawi Stock Exchange since 2019 and is responsible for property development and sells accommodation space of various types including for office, retail, industrial, residential and hospitality

By Order of the Board
Dated this 14th September 2021

NICO Asset Managers Limited
Company Secretaries

Related Articles

Collaboration Reimagined — The Apollo Story

BY WASHINGTON CHIMUZU In 1969, the Apollo Vistarama cinema opened in the heart of Blantyre, offering Malawians with one of the most advanced movie experiences of its time. For nearly three decades, it stood as a cultural landmark, serving families, friends, and...

Project Management Lessons from Bees

BY WASHINGTON CHIMUZU This article draws inspiration from bees, thanks to some insights shared by Nelson Limula, a property management professional with Eris Properties based in Lilongwe. Nelson highlighted the role of the queen bee, and that of other members of the...

DERISKING DURING PROJECT CLOSURE

BY WASHINGTON CHIMUZU Closing is often seen as the least glamorous phase of a project. The deliverables are complete, the budget mostly spent, and the team eager to move on to new challenges. Yet the closing phase carries its own set of risks. Left unmanaged, these...

De-risking Projects

BY WASHINGTON CHIMUZU Projects, by their very nature, are fraught with uncertainty. Despite all the hype, value and benefits that they promise to deliver, nothing is ever truly guaranteed or goes like clockwork. Even with meticulous planning, many projects falter not...