CBZ appoints Nyemudzo as CEO to replace RBZ-bound Mangudya

CBZ appoints Nyemudzo as CEO to replace RBZ-bound Mangudya

HARARE, April 3 (The Source) – CBZ Holdings has appointed  chief financial officer, Never Nyemudzo as its chief executive, replacing John Mangudya who was last month appointed the central bank governor.

The group also appointed executive director of mortgage finance, Collin Chimutsa to take over the CFO portfolio. Both appointments are with effect from May 1.

Nyemudzo, a chartered accountant, has been CFO of Zimbabwe’s largest financial services group since 2012 and before that was executive director of finance for CBZ’s banking unit.

He holds a Bachelor of Accountancy from University of Zimbabwe