Former ZB Financial Holdings CEO dies

Former ZB Financial Holdings CEO dies
Published: 16 February 2015
TOP banker, Elisha Nyikadzino Mushayakarara has died.

He was born on 8 April 1943.  

A BSc (Econ) graduate from (London) University College of Rhodesia & Nyasaland. Mushayakarara left his post as ZB Financial Holding (ZBFH) group chief executive officer in 2013 after 20 years at the helm of the diversified financial services concern.

The former Finance Ministry senior secretary joined the former Finhold group in 1993, taking over from Leonard Tsumba who left to head the Reserve Bank of Zimbabwe (RBZ).

He helped steer the then Finhold through its crucial merger with the Intermarket group and was linked with the RBZ job following Tsumba's departure in 2003. The group now has interests in commercial and building society banks, stock broking, life assurance and reinsurance, among others.

Prior to returning to Zimbabwe and joining the Finance Ministry in 1981, Mushayakarara had worked in Zambia's ministry of finance where he held a number of senior positions.

The banker was succeeded by Ronald Mutandagayi, managing director of ZB Bank.

Mushayakarara also chaired the boards of Mashonaland Holdings, RioZim and Insurance and Pensions Commission. 
- businessdaily
Tags: ZBBank,

Comments

Latest News

Latest Published Reports

Latest jobs