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Dr Mangudya appointed CEO of the Mutapa Investment Fund

Story by ZBC Reporter

His Excellency the President has in terms of Section 8 (b) (1) of the Sovereign Fund Act [Chapter 22:20] appointed Dr. John Panonetsa Mangudya as the Chief Executive Officer of the Mutapa Investment Fund.

In a statement issued by the Chief Secretary to the President and Cabinet, Dr Martin Rushways, Dr
Mangudya’s 10-year term of office at the helm of the Reserve Bank of Zimbabwe ends on 30 April 2024 in terms of Section 15(3) of the Reserve Bank of the Zimbabwe Act [Chapter 22:15).

Dr. Mangudya shall be succeeded by Dr. John Mushayavanhu as Governor of the Reserve Bank of Zimbabwe.

Dr. Mushayavanhu is a career banker, with over 30
years banking experience, having worked at Standard Chartered Bank and at
FBC Bank in senior capacities.

Dr. Mushayavanhu holds several educationa qualifications including a Masters Degree in Business Administration and a PhD in Business Administration.

The President has in terms of the Constitution approved the appointment of Ambassador James Manzou as a Commissioner of the Public Service Commission.

Ambassador James Manzou holds a first degree in Public Administratior and a Master’s in Business Administration.

He joined the foreign service as desk officer in 1980, and rose through the ranks to Counsellor; Under Secretary; Deputy Ambassador and Ambassador in various stations
including Russia, Germany, Angola and Geneva.

He was subsequently elevated to the post of Director, Regional and Continental Integration in
2014 and Permanent Secretary in the Ministry of Foreign Affairs and International Trade in 2018.

Meanwhile, President Mnangagwa also approved the appointment of Ambassador Albert Ranganai Chimbindi in the Ministry of Foreign Affairs and International Trade.

Ambassador Chimbindi takes over as Permanent Secretary in the Ministry of Foreign Affairs and International Trade from Ambassador James
Manzou.

Ambassador Chimbindi is a holder of a Bachelor of Science Degree in Politics and Administration and a Master of Science Degree in International
Relations.

He joined the Ministry of Foreign Affairs as an Administrative Officer in 1986 and rose through the ranks to Deputy Director and Director in the same Ministry.

Ambassador Chimbindi was a First Secretary and
Head of Chancery at the Embassy of Zimbabwe in Dakar, Senegal, counsellor at the Embassy of Zimbabwe in Paris, France, and subsequently
Minister Counsellor at the Embassy of Zimbabwe in Brussels.

Ambassador Chimbindi was ultimately elevated to the rank of Ambassador Permanent Representative of the Republic of Zimbabwe to the United Nations in New York and has served in that capacity until his new appointment.

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