Board Members

John Chikura – Board Chairman

chikuraMr. John Chikura is the Chief Executive Officer of the Deposit Protection Board and current Chairman of the Africa Region, International Association of Deposit Insurers (IADI) based in Switzerland. He holds a Master of Business Administration in Finance and Banking (Manchester University) and is a Fellow of the Institute of Chartered Secretaries and Administrators (FCIS). His vast experience at senior management levels includes the post of Finance and Administration Manager for Cluff Resources (now Ashanti Gold Mining) and Lonrho Zimbabwe as well as General Manager – Finance and Company Secretary for Southern Africa Reinsurance Limited. He also sits on the board of directors of Africa First ReNaissance Corporation Limited and certain of its subsidiaries.

Thandiwe Mlobane – Deputy Chairperson

mhlobaneMrs. Mlobane is currently the Municipal Consultant for Aline Hope Business Solutions and Training Services. She is also a director at Civil Aviation Authority of Zimbabwe (CAAZ). She has previously been a director at Hwange Colliery Company Limited (2005-2011), Air Zimbabwe Corporation (September 2007 to February 2012) and National Railways of Zimbabwe (2005- August 2007). Mrs. Mlobane has previously held senior positions at the Reserve Bank of Zimbabwe, Genesis Investment Bank and at the City of Bulawayo. She holds a Bachelor of Accountancy Degree from the University of Zimbabwe, Masters in Business Administration Degree from the University of South Africa and is currently studying for a Doctorate in Business Administration with the National University of Science and Technology (NUST).

Tendai Madziwanyika – Chief Executive Officer

Tendai Madziwanyika was appointed Chief Executive of the Company with effect from 5 November 2012. Tendai has held senior positions in the FMCG and hospitality industries including, being the Managing Director of a listed hospitality group in Zimbabwe. He is the immediate past President of the Zimbabwe Council for Tourism. He holds a Bachelor of Accounting Science (B Compt.) from the University of South Africa and a Master of Business Administration (with distinction) from Hull University (United Kingdom).

Napoleon Mtukwa – Finance Director

mtukwaNapoleon Mtukwa is the current Group Finance Manager and is also acting as the Company Secretary for the Group. He is a member of the Association of Certified Chartered Accountants (ACCA). He also holds a Master of Business Administration (University of Zimbabwe) and an Honors Degree in Applied Accounting. He has vast experience at senior management levels includes the post of Group Management Accountant for RTG as well as Unilever Zimbabwe.

Sijabuliso Biyam –Non Executive Director


Mr. Biyam is currently the Chief Executive Officer of Bankers Association of Zimbabwe and Executive Director of the Institute of Bankers of Zimbabwe.  He also serves as Chairman of Agribank, Chairman of Board of Trustees of a Public Sector Housing Fund  and Treasurer of Childline Zimbabwe.

Mr. Biyam is the former Managing Director of Zimbank and Head of Syfrets Corporate and Merchant Bank.  Has also served as Chairman of National Social Security Authority, Minerals Marketing Corporation of Zimbabwe, Oxygen Industries (now BOC Gases) and the Zimbabwe Stock Exchange.  He was Deputy Permanent Secretary in the Ministry of Finance from 1980 up to 1984 and has worked in the Private Sector as Accountant for National Breweries, General Manager of Tobacco Sales Floor and Managing Director of Caribonum (Private) Limited-both subsidiaries of TSL Ltd.

After completing his degree and postgraduate studies in Education from the local University in the late 60s’, Mr. Biyam taught at various High Schools before doing his Articles with a firm of Chartered Accountants.  He is a Chartered Secretary and a Fellow of the Institute of Bankers of Zimbabwe.

Shingirayi Chibhanguza – Non Executive Director

ChibanguzaMr. Chibanguza is currently the Managing Director for Farhigh Trading Transportation and Property Management, Cladmont Investments, Property Plus Realtors and Haddon and Sly Properties. His other directorships include Hwange Colliery Company Limited, Hamilton Insurance, Central Estates Farm and Nyaya Industries. Mr. Chibanguza previously held senior positions at Chibanguza Group of Hotels and Guy Chibanguza Enterprises (Pvt.) Ltd (Retail supermarkets) between 2003 and 2007. He is currently studying towards a Bachelor of Commerce in Entrepreneurship (SA) from the University of South Africa.

Ian Haruperi – Non Executive Director

ianMr. Haruperi is currently the Managing Director of Chardore Holdings and has more than seven years’ experience at the helm of an organization dealing in mining, properties, finance and investment. He is a former Director of Mining Procurement for Memotek Ltd (2001 to 2003). He is currently a non-executive director at Hwange Colliery Company Limited. Mr. Haruperi holds a Bachelor of Science in Economics from Middlesex University, (UK).

Douglas Hoto – Non Executive Director

HotoMr. Hoto is the Group Chief Executive Officer of Africa First ReNaissance Corporation Limited. He has previously worked as Chief Executive Officer for Altfin Holdings Limited. Mr. Hoto has over 22 years’ experience as an Actuary and has worked in various roles in the Insurance industry in Zimbabwe and the SADC region. He is the Chairman of the Zimbabwe National Statistics Agency (ZIMSTAT), a board member of the Insurance Pension Commission (IPEC), the Chairman of the Actuarial Society of Zimbabwe and a Trustee of the S V Muzenda Foundation. Mr. Hoto is a Fellow of the Faculty of Actuaries of Scotland and holds a Bachelor of Science Honours Degree in Mathematics (UZ). Mr. Hoto is also a non-executive director of Capital Bank.

Douglas Mavhembu – Non Executive Director

Douglas_MavhembuMr. Mavhembu is the Acting Director- International Tourism Directorate in the Ministry of Tourism and Hospitality Industry. He has worked in various senior capacities within the Ministry of Tourism and Hospitality Industry including being the Deputy Director (Tourism) and Acting Under Secretary (Tourism). Mr Mavhembu is the Co-Chairperson for the Zimbabwe/Zambia Joint Technical Committee on the UNWTO General Assembly to be held in Victoria Falls. He holds a Master of Science degree in Tourism and Hospitality Management from the University of Zimbabwe, a Bachelor of Business Administration in Tourism Management from Azaliah University and various certificates in Tourism and Hospitality Management.

Charity Murandu – Non Executive Director

MuranduCharity Murandu has vast commercial experience in Marketing, Sales & Customer Experience acquired working in Banking, Telecommunications & FMCG industries. She has served in various senior management positions; as Chief Marketing Officer at Steward Bank, Founder and Managing executive of Petroleum Traders & Creaghlands Holdings, Commercial Director for Celtel Malawi, as Marketing Director, General Manager for Delta Corporation (Beverages – Soft Drinks Division, National Sales Manager at Nestle Zimbabwe and as Brand Manager at Unilever. Her exposure to international best practice in Marketing & Sales is vast & across a number of continents. Charity has a Bachelor of Business Studies degree & an MBA; both from the University of Zimbabwe. She is an Eisenhower Fellow & has attended a number of international executive courses including the Senior Executives course at the London Business School.

Brian Shenje – Non Executive Director

ShenjeBrian A. Shenje is currently the Group Finance and Operations Director at Plaza Holdings, a private independent group of pharmaceutical and property related companies. He has previously served as Assistant Financial Analyst at MTV Networks Europe (MTV) and as Finance Officer at Nottinghill Housing Trust in London. Mr Shenje holds a Bachelor of Commerce degree (Accounting) from Rhodes University (SA) and is currently pursuing a Masters degree in Business Administration with University of Gloucestershire (UK).

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