Placeholder

 
 
 

CBZ Bank - Director's Profiles

Dr R. Mabeza-Chimedza

Dr R. Mabeza-Chimedza
Ph.D – Department of Agricultural Economics and Extension, University of Zimbabwe
MSc Agricultural Economics – University of Oxford, UK
Postgraduate Diploma Agricultural Economics
M.A. International Development – Clark University, Worcester, Mass, USA
BA International Development – Clark University, Worcester, Mass, USA

Capacity: Board Chairperson

Year Appointed to the Board: 1998

Expertise and Experience:Ruvimbo brings to the Board her substantial experience in international trade, regional integration and rural finance across Africa. Her management experiences span from being Regional Director for the Initiative for Development and Equity in African Agriculture to Head of the Department of Agricultural Economics and Extension at the University of Zimbabwe. She is a published author and has won several awards in her field of expertise including the World Bank Group-IMF Africa Forum 2000 award for outstanding contributions to Africa in Promoting gender Equality. She is actively involved in social issues and serves as trustee or board member of various organizations.

 

N. Nyemudzo

N. Nyemudzo
Bachelor of Accountancy – University of Zimbabwe
Postgraduate diploma in Applied Accountancy - University of Zimbabwe
Chartered Accountant (Zimbabwe)
Masters of Commerce Strategic Management and Corporate Governance – Midlands State University

Capacity: Group Chief Executive Officer

Year Appointed to the Board: 2012

Expertise and Experience:Never is a Chartered Accountant with over 13years’ experience in the financial services sector. He holds a Bachelor of Accountancy Degree and a Post-Graduate Diploma in Applied Accountancy from the University of Zimbabwe. He also holds a Master of Commerce in Strategic Management and Corporate Governance from Midlands State University. He commenced his career with BDO Zimbabwe where he trained for his articles and has held senior management roles from the Reserve Bank of Zimbabwe, First Banking Corporation and the People’s Own Savings Bank.

 

P. Zimunya

P. Zimunya
Master of Business Administration – Nottingham Trent University
Diploma in Management – Nottingham Trent University
Certificate in Management – Nottingham Trent University
Executive Development Programme – Certification – UZ
Certificate Institute of Bankers of Zimbabwe

Capacity: Managing Director

Year Appointed to the Board: 2007

Expertise and Experience:Peter has a career in banking spanning 33 years and has been with CBZ since 1995, when he started off as a manager in the Central Credit Department. Prior to that Peter had spent 15 years with Standard Chartered Bank. As Managing Director Peter is responsible for the entire management of CBZ Bank in line with the Bank’s profitability, corporate governance and compliance objectives as agreed with the Board of Directors.

 

 

M. T. Mudondo

M. T. Mudondo
Global Executive Development Programme, Gordon Institute Of Business Studies, University Of Pretoria
MSc- Leadership & Change Management (Leeds Metropolitan University)
Advanced Diploma- Treasury Management & International Trade (Institute of Bankers S.A) 2000
Diploma –Treasury Management & International Trade (Institute of Bankers S.A) 1998-9
Banking Diploma- Institute of Bankers Zimbabwe 1995-1997

Capacity: Executive Director

Year Appointed to the Board: 2014

Expertise and Experience:Mike joined CBZ in 2005 and brings with him over 15 years’ experience in the financial services sector having worked for Zimbabwe Banking Corporation, NMB Bank and Intermarket Discount House. Mike has vast experience in Treasury and has worked in the CBZ Bank Treasury Division since 2005. He holds an Msc in Leadership and Change management from the Gordon Institute of Business Studies, University of Pretoria and various other qualifications in Treasury Management and International Trade.

 

C. Chimutsa

C. Chimutsa
B.Acc. (Hons) University of Zimbabwe
Chartered Accountant (Zimbabwe) (CA (Z))

Capacity: Group Chief Finance officer

Year Appointed to the Board: 2009

Expertise and Experience:Colin was appointed as Executive Director, Mortgage Finance in January 2009. He had a career at ZB Building Society spanning 10 years, where he held the position of Managing Director. Prior to that role Colin was Finance Director of United Bottlers. Colin has an extensive background and experience in Finance.

 

P. Whata

P. Whata
Masters in Business Leadership UNISA
Bachelor of Accountancy (Honours) University of Zimbabwe
Chartered Accountant (Zimbabwe) (CA (Z))
Chartered Accountant (South Africa) (CA (SA))
Associate Chartered ManagementAccountant (ACMA)

Capacity: Independent non-executive director

Year Appointed to the Board: 2010

Expertise and Experience:Phineas is a highly experienced corporate leader who has held numerous leadership roles in the corporate sector. As a Chartered Accountant, Phineas’s professional expertise centres around audit, risk and financial acumen derived from acting as lead partner on large public company audits, capital raisings and corporate transactions. Phineas’s career with Price WaterhouseCoopers culminated in his appointment as the first black partner in Price WaterhouseCoopers in Southern Africa.

 

R. Pasi

R. Pasi
MBA from the University of Gloucestershire
Bachelor of Business Administration with specialization in Marketing Communications
Diploma in Marketing Management.
Banking and Risk Management (UNISA)

Capacity: Independent non-executive director

Year Appointed to the Board: 2008

Expertise and Experience:Rebecca is the Chief Executive Officer of Bechr Holdings (Pvt) Ltd. She has experience in Business Research Methods, Economics as well as Strategic Management.

 

F. B. Chirimuuta

F. B. Chirimuuta
Masters in Business Administration (MBA) degree (UZ) 1993
Bachelor of Laws (LLB) degree (UZ) 1989
Bachelor of Law Honours (BL Hons) degree (UZ) 1988

Capacity: Independent non-executive director

Year Appointed to the Board: 2008

Expertise and Experience:Francis is the Managing Partner at Chirimuuta & Associates, a law firm which he set up in May 2007, after a rewarding stint in commerce and industry spanning over 12 years during which he worked as the General Manager of Zimnat Insurance and as the Managing Director TA Botswana then into hotels, IT and business machines, bakeries and real estate. Apart from selective mainstream legal practice work within Zimbabwe, the law firm’s other main focus is legal consultancy work in trade facilitation within the Southern Africanregion and beyond. Francis also holds directorships in Zimbabwe Electricity Supply Authority Holdings, ZB Reinsurance Ltd and Southern Trust Holdings (Pvt) Ltd.

 

P.S. Madzonga

P.S. Madzonga
BL (Hons); LLB University of Zimbabwe
BA (Hons) Psych, University of South Africa
Post Graduate Diploma in drafting

Capacity: Non-independent non-executive director

Year Appointed to the Board: 2010

Expertise and Experience:Priscilla is an established legal practitioner in Harare with more than 30 years of professional experience. She worked for more than 15 years in the Attorney General’s Office of the Government of Zimbabwe initially as law officer and then as chief legal draftsperson in the department responsible for the drafting of all the legislation for Zimbabwe. Currently she is a Partner at Costa & Madzonga, Legal Practitioners and is involved in mainstream corporate work involving transactional corporate finance, company and commercial law.

 

D. Shinya

Duduzile Kereditse Shinya

Capacity Non-Executive Director

Year Appointed to the Board: 2016

Expertise and Experience: Duduzile Shinya is a Chartered Accountant by profession and is currently the Corporate Finance Executive for Schweppes Zimbabwe Limited. She is a Council Member of the Institute of Chartered Accountants Zimbabwe, and sits on the Audit and Finance Committee as well as the Accounting Procedures Committee.

Duduzile is currently studying towards her Masters in Business Leadership with UNISA. Her business and financial management experience spans over 16 years having worked for PriceWaterhouseCoopers in Audit and later in Corporate Finance. She also worked as an Executive Director in the Corporate Finance arm of Imara Capital.

 

N. Bhulabhai

Nikhil Bhulabhai

Capacity Non-Executive Director

Year Appointed to the Board: 2016

Expertise and Experience: Nikhil holds a Bachelor of Commerce degree with a specialization in Management from the University of South Africa, a Master Certificate in Project Management IS/IT Villanova University and has Six Sigma Green Belt from Villanova University. He is currently studying for an MBA with Edinburgh University.

Nikhil is an accomplished, diverse entrepreneur and business professional with over 23 years of exposure and experience in developing start-ups, strategic management and leadership. He is a commercial industrialist, with business interests across the region in the fields of ICT, Finance, Power and Infrastructure, Telecommunications, Manufacturing, Retailing, Mining, Digital Marketing and E-commerce. He is a co-founder of the Chengetedzai Depository Company, Zimbabwe’s first Central Securities Depository for the Capital Markets.

 

R. A. Jakanani

R. A. Jakanani
Master of Laws in International Economic Law - Univesity of Warwick (UK)
Bachelor of Law (Hons) – University of Zimbabwe

Capacity: Group Legal Corporate Secretary

Year Appointed to the Board: 2012

Expertise and Experience:Rumbidzayi is a lawyer by profession, having previously worked for Stumbles and Rowe Legal Practitioners as a civil and criminal lawyer. She worked in her capacity as Manager Corporate Governance and Compliance, CBZ Bank Limited (2005) and Legal Corporate Secretary (2009) until her appointment as Group Legal Corporate Secretary in 2012.

Forex Rates

Last Updated: 26 May 2017
  Base USD 1.00
  AUD 1.345
  BWP 10.2249
  CNY 6.8625
  EUR 0.8927
  GBP 0.777
  ZAR 12.9265
to

Business Conditions