THE Institute of Bankers Zimbabwe (IOBZ) has appointed Stewart Bank chief executive Courage Mashavave as its new chairman.
Mashavave takes over from Sibongile Moyo, the managing director of Nedbank, who held the post from June on an interim basis.
Steward Bank is a subsidiary of EcoCash Holdings and part of the Econet Wireless Group of Companies.
Mashavave is a seasoned investment banker with experience in the financial services industry spanning over 20 years.
Heis also a fellow of the Association of Chartered Certified Accountants.
Mashavave will be deputized by AFC managing director Kenneth Chitando.
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