New ADMARC Board Chair Gray Nyandule Phiri has pledged to support increased production to enhance the Company’s contribution to national food security.
Phiri made the remarks during a recent board orientation held at ADMARC Limited’s Head Office in Blantyre.
“It’s an honor to be appointed as Board chair of ADMARC Limited. The experience I have accumulated over the years has prepared me to contribute meaningfully to the growth of this institution. We want to make sure that as a Company, we are able to fulfil our mandate,” he said.
He noted that ADMARC once played a central role in food security, supported by warehousing capacity of over 400,000 metric tonnes, which in the past was fully utilised.
“However, it is sad that currently we have empty warehouses. In this regard, restoring stock levels will be a key priority during my tenure,” he said.
He emphasized that within the first two years, it is his wish that ADMARC’s market share will reach 15 percent.
In the short term, Phiri said ADMARC will focus on securing capital to buy and sell commodities in good time, while also expanding into agricultural input trading such as fertilizers, seeds and pesticides.
He called on ADMARC management and staff to embrace accountability and performance-based targets, stressing that institutional revival depends on discipline and dedication.
Phiri said the goal of the board is to leave ADMARC fully operational and repositioned as a leader in commodity trading, capable of supporting both farmers and national food security.
Other board members are: Hilda Ntiya, Senior Chief Moffat Champiti, Grena Gambatula, Constance Mwanyongo, Grey Kapute and Elias Nyangulu.
