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CBZ Appoints New CEO

Leading financial institution in the country, CBZ Holdings has announced the appointment of Dr Blessing Mudavanhu as the Group Chief Executive Officer with effect from 1 June 2018, replacing Never Nyemudzo who retired in October last year.

In a statement released yesterday, CBZ Group Legal Corporate Secretary, Rumbidzayi Jakanani said Mudavanhu  has over 15 years experience in the regional and international financial services markets.

“The Board of Directors of CBZ Holdings Limited is pleased to announce the appointment of Dr Blessing Mudavanhu as the Group Chief Executive Officer for CBZ Holdings Limited. His appointment is with effect from 1 June 2018.

“Dr Mudavanhu has over 15 years experience in the regional and international financial services markets. He also brings with him a wealth of knowledge and experience in risk management,” she said.

Blessing Mudavanhu has obtained a doctorate, worked on Wall Street, headed a bank and started his own financial advisory firm all before reaching the age of 46.

The self-confessed mathematics nerd founded Dura Capital in New York in 2006, initially to make African investments. Early this year he stepped down as CEO of BancABC, which was recently taken over by Bob Diamond’s bank acquirer, Atlas Mara, to focus on his investment company.

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