Key personnel

The bank’s senior management is comprised of highly qualified and experienced individuals, the majority of which have previously held senior positions in renowned international and local financial institutions.

Benefit P Washaya

Chief Executive Officer of NMBZ Holdings Limited and NMB Bank Limited

Qualification and Experience: AIBZ, CAIB (SA), ACIS, MBA Finance (University of Wales)

Mr Washaya commenced his banking career with Barclays Bank in 1978 where he held general management positions including Director’s Assistant, Risk Management and Business Centre Director. He left Barclays Bank in 1997 to join NMB Bank where he became Divisional Director, Risk Management and was responsible for setting up the Risk Management systems in the bank. Benefit Washaya moved to Metropolitan Bank of Zimbabwe Limited in March 2004 as Chief Executive Officer. He re-joined NMB Bank as Managing Director on 7 January 2008 during a very difficult period in the history of the bank. He successfully presided over the change-over period from the ZWD to the multi-currency regime in 2009 when most bank balance sheets started from a near zero base. In 2010, he was part of the team that successfully raised US$10 million through a rights issue which broadened the bank’s shareholder profile and again in 2013, he was part of the team that was involved in a private placement which raised close to US$15 million and brought on board three strategic institutional investors.

Benson Ndachena

Chief Finance Officer

Qualification and Experience: B. Acc (Honours) (UZ), CA(Z), ACMA, CGMA, MBL (Unisa)

Mr Ndachena, a Chartered Accountant by profession, joined the Group as the Senior Manager of Finance and Administration on 1 July 2001. Prior to joining the Group, he held the position of Financial Controller at OK Zimbabwe where he managed the Division’s Accounting Department. Previously, Benson spent 8 years with Deloitte & Touché Chartered Accountants (Zimbabwe) where he rose through the ranks to become an Audit Manager and Senior Consultant and gained extensive experience in auditing, accounting, consultancy and taxation. He has 14 years of banking experience.

Lionel Chinyamutangira

Business Development Executive

Qualification and Experience: MBA(UZ), AIOBZ, ACIS

Mr Lionel Chinyamutangira is the Business Development Executive appointed on 1 April 2019. Before assuming this role, he held other senior positions in the bank which include Chief Banking Officer, General Manager – Risk Management and Assistant General Manager – Corporate Banking. Lionel joined NMB Bank in 2001 after having gained working experience from Standard bank, ZB Bank and MBCA.

Gerald Gore

Deputy Chief Executive Officer and Chief Operating Officer

Qualification and Experience: Master in Business Leadership (UNISA-SA), Executive Development Program (Wits Business School-SA), MSc in Finance & Investments (NUST), BCom Honours in Banking

Mr Gore has worked for a number of banks including Barclays Bank, Interfin Merchant Bank and the Reserve Bank of Zimbabwe from 2000 to early 2008. He is a qualified banker with experience in strategic management, risk, treasury and lending, coupled with progressive years in driving change initiatives aimed at driving performance in banking institutions. He joined NMB Bank on 1 July 2008 as Head of Risk, rose to the position of Chief Risk Officer before his appointment to the position of Chief Operating Officer in December 2015. He was elevated to the position of Deputy Chief Executive Officer in September 2019.

Loyd Kazunga

Acting Chief Banking Officer

Qualification and Experience: MSc Finance (NUST), BCom Finance (NUST), AIOBZ

Mr Kazunga began his career in 2000 with NMB Bank as an Investment Analyst. He then joined Century Investment Bank in 2001 as an Investments Manager and re-joined NMB Bank as Head of Corporate Finance in 2008 and served until 2010. On 1 March 2012, he re-joined NMB Bank as Divisional Executive – Corporate Finance until his appointment to the position of Deputy Chief Banking Officer in September 2016. Mr Kazunga was appointed Acting Chief Banking Officer of NMB Bank on 1 April 2019.

In his current role, he leads the Business Units of the Bank.

Fanwell Mutogo

Head – Corporate Banking

Qualification and Experience: MBA (Oxford Brookes University), CIS (Intermediate Certification), HND Business Studies

Mr Mutogo has 31 years of banking experience having worked for Standard Chartered Bank from 1983 until he joined NMB Bank in 2000.

Simon Tembo

Head – Retail Banking

Qualification and Experience: MBA (Regent Business School SA), IOBZ, IPMZ

Mr Tembo has 32 years of banking experience having worked for Standard Chartered from 1985 until joining NMB Bank in 2001.

Addison Shoniwa

Head – Treasury

Qualification and Experience: BSc Engineering (UZ), Graduate Diploma in Applied Finance & Investment (FINSIA, Australia), ACI Dealing Certificate

Mr Shoniwa has 14 years banking experience having worked for Standard Chartered Bank from 2000 to 2002 and Intermarket Discount House from 2002 to 2006. He then re-joined Standard Chartered Bank in 2006 and served until December 2012. He joined NMB Bank on 1 April 2013.

Dr Jeskinus Z Mukonoweshuro

Head – Human Capital

Qualification and Experience: DBA (UKZN South Africa), MBA (UZ), BSc Social Science (UZ), Graduate Diploma in Management Studies (ICM, UK), Central African Leadership Programme (Exeter University)

Dr Mukonoweshuro has 22 years of banking experience in the area of Human Capital Management and Development having worked for Standard Chartered Bank from 1993 until joining NMB Bank in 2002. He is passionate about managerial leadership development and excellence.

Fradreck Chimhenga

Head – Credit Management

Qualification and Experience: MSc Banking & Financial Services (NUST), BBS (Honours) Finance & Banking (UZ)

Mr Chimhenga joined NMB Bank in 2014 from Standard Chartered Bank where he was Head of SME Credit – Zimbabwe and Retail Credit Portfolio Manager – South Africa. He has more than 11 years banking experience having worked for Premier Banking Corporation / Ecobank and BancABC Zimbabwe where he held various positions. He also attended several courses in Risk Management and he is a member of the Institute of Bankers of Zimbabwe.

Ashley Fushai

Head – Risk Management

Qualification and Experience: MSc Quantitative Finance (University of London), BSc Applied Mathematics (NUST)

Mr Fushai began his banking career with the Reserve Bank of Zimbabwe in 2008 in the Banking Licensing, Supervision and Surveillance division. He later worked for a local consulting company as a senior consultant focusing on Risk Management, Basel II and Financial Modeling. He joined NMB Bank on 11 January 2011 as a Quantitative Risk Analyst before being promoted to the position of Senior Risk Manager looking after Credit, Market, and Operational Risk. He was appointed Head of Risk and Compliance in December 2015.

Shumirai Pashapa

Head – Legal and Corporate Affairs/Company Secretary

Qualification and Experience: Bachelor of Laws Honours Degree (LLBS) (University of Hull)

Miss Pashapa has 4 years banking experience having worked for MetBank from 2012 to 2016. She joined NMB Bank on 1 November 2016, as Company Secretary/Head Legal and Corporate Affairs. Prior to joining the Banking Sector she was in Private Practice.

Gamuchirai Moyo

Head – Compliance

Qualification and Experience: MBA (Nottingham Trent, UK), BSc in Economic Honours Degree (UZ), Accounting Science Honours Degree (Oxford Brookes), Compliance Certificate (University of Cape Town), (IOBZ)

Mrs G. Moyo joined NMB Bank in December 2016 after having worked for the Reserve Bank of Zimbabwe’s Bank Supervision Division for 7 years. She has 11 years of banking experience. Prior to joining the Bank Supervision Division, Mrs Moyo served as an Economist in the Central Bank’s Economic Research Division from October 2006. She brings with her a wealth of knowledge and experience from the Central Bank’s vast supervisory scope.

Aylwin Chiyoka

Head – Operations

Qualification and Experience: Executive MBA(MSU), BCom Financial Management (UNISA)

Mr Chiyoka worked for Standard Chartered Bank from 1993 until joining NMB Bank in 2000.