Dr Grace Muradzikwa

Dr Grace Muradzikwa


Dr. Muradzikwa holds a Bachelor of Administration Degree and a Master in Business Administration from the University of Zimbabwe, an Honorary Masters in Business Administration and Honorary PhD in Leadership from the Women’s University in Africa.

She is an Associate and Fellow of the Insurance Institute of South Africa.

She is a decorated insurance executive with 35 years practising experience in the insurance industry.

She was a member of the co-founding team that established the Zimbabwe Reinsurance Corporation in 1984, with the support of UNCTAD.

She was at the helm of Diamond Insurance Company, before its merger with the National Insurance Company of Zimbabwe (NICOZ) in 2002 and led an IPO to raise capital for the merged entity.

She became the first black woman to list and head a publicly traded company, a position she held till her departure in February this year.

During her career in the insurance industry, Dr Muradzikwa received many awards, which include ZNCC Business Woman of the year (2005), IOD Director of the Year (2009), Outstanding Top 20 Business Personality of the Year (2012), Daily News Businesswoman of the year (2014) and CEO Global Regional Titans Award (2017).

The company also received many awards in Service excellence, Corporate Governance Disclosures and Shareholder Treatment Disclosures.

She has served on various boards of local and regional institutions such as the Federation for Afro Asian Insurers and Reinsurers and the Association for Insurers and Reinsurers in Developing Countries.

She is the current President of Professional Women in Business (PROWEB) in Zimbabwe.

Cuthbert. T. Munjoma

Cuthbert. T. Munjoma

Director Pensions

Cuthbert has 14 years’ experience as a Financial Sector Economist, having worked for the Ministry of Finance and Economic Development for about 12 years.

During his stint with the Ministry, he was involved in financial sector regulation and policy advisory.

Cuthbert held various portfolios, including regulation of capital markets, insurance and pensions, banking, microfinance, AML/CFT policy advisory, financial sector institutional reforms, domestic resource mobilisation and regional financial integration.

He holds a BSc Honours Degree in Economics and a Master in Business Administration from the University of Zimbabwe.

Sibongile Siwela

Sibongile Siwela

Director Insurance & Microinsurance

Sibongile has 27 years of experience, 20 years of which, were in the insurance industry.

She has worked for First Mutual Life Assurance Company.

She holds an Honours Degree in Risk Management & Insurance from the National University of Science & Technology (NUST).

Sibongile also has a Master’s Degree in Business Administration from the National University of Science & Technology (NUST) and a Diploma in Insurance from the Insurance Institute of Zimbabwe (IIZ).


Blessmore Kazengura

Blessmore Kazengura

Director Finance

Blessmore has over 23 years working/consulting experience in various sectors of the Zimbabwean economy, including insurance and pensions sector.

Before joining IPEC, he had exposure to the pensions industry as a trustee of a pension fund and was also a Non-Executive Director of a pool of pension funds where he chaired the Risk Management Committee.

Blessmore once worked for TelOne Pvt Ltd.

He holds an Honours Degree in Accounting from the University of Zimbabwe.  Blessmore completed his Articles of Clerkship with a local firm of Chartered Accountants before joining the Public Sector where he held various managerial positions within the audit and financial management functions.

He is an affiliate member of the Association of Chartered Certified Accountants (ACCA).

Samantha Nhende

Samantha Nhende

Company Secretary & Head of Legal

Samantha has nine years’ experience in Legal practice.

She started her career under the Attorney General’s Office as a Prosecutor before working for Cell Insurance Company and Fidelity Life Assurance Company.

She is a registered legal practitioner and Conveyancer, registered with the High Court of Zimbabwe and the Law Society of Zimbabwe.

Samantha holds a Masters Degree in Commerce of Strategic Management and Corporate Governance (Midlands State University) and a Bachelor of Laws Honours Degree (University of Zimbabwe)

Patrick Gombe

Patrick Gombe

Actuarial Manager

Patrick has 7 years regulatory experience with the Insurance and Pensions Commission (IPEC). He has served the Commission in different capacities before being elevated to the position of the actuarial manager.

He is close to completing his actuarial examinations with the Institute and Faculty of Actuaries (UK) and is a holder of an MSc Actuarial Management with a distinction from Herriot Watt University (UK).

Patrick also holds a B.com Honours in Actuarial Science with the National University of Science and Technology (NUST) and was awarded two prizes for being the best graduating actuarial student class of 2013.

He has also made significant progress towards the Certified Enterprise Risk Analyst (CERA) designation.

Ratidzo Masango

Ratidzo Masango

Human Resources Executive

Ratidzo has 26 years’ working experience, 15 years of which, were as Human Resources Manager for various organisations.

Some of the organisations that she has worked for include, First Mutual Holdings Limited, First Mutual Life Assurance Company, Industrial Development Corporation Group of companies (Surface – Wilmar), Sirtech Investments,  Scientific and Industrial Research and Development Centre (SIRDC), Zimbabwe Revenue Authority, Recruitment Consultant Universal Employment Agency and United Nations High Commissioner for Refugees (UNHCR).

Ratidzo holds an MSc Degree in Public Administration (University of Zimbabwe), BSc. Hons Degree in Political Science & Administration (University of Zimbabwe) and a Diploma in Personnel Management (Institute of Personnel Management of Zimbabwe).

Vincent Mutata

Vincent Mutata

Internal Auditor

Vincent is an internal auditor by profession.

He has 27 years’ experience having worked for Founders Building Society (now ZB Building Society), initially in the Finance Department and moved into Internal Audit.

Vincent has also worked for Mashonaland Holdings Ltd as Senior Internal Auditor, Safeguard Group as Group Internal Auditor, Kingdom Financial Holdings Ltd as General Manager- Audit & Security, Tetrad Financial Holdings as Head of Internal Audit and Croco Holdings (Pvt) Ltd as Audit and Risk Manager.

He holds the following professional qualifications: ACIS, C.I.A, ACCA and a Masters’ Degree in Commerce – Strategic Management from Great Zimbabwe University.

Mary Takavarasha

Mary Takavarasha

Manager Pensions

Mary worked for the Ministry of Finance and Economic Development for 20 years, eight of which, were on oversight of financial sector regulators.

During her time at the Ministry of Finance and Economic Development, she served as a director of the Deposit Protection Corporation board and the Zimbabwe Stock Exchange board.

Mary holds a Masters in Development Economics from Williams College, Massachusetts, USA and a Bachelor’s Degree of Technology in Management from the University of Zimbabwe.

Lloyd Gumbo

Lloyd Gumbo

Public Relations Manager

Lloyd has 12 years working experience.

He has worked for Zimpapers (Herald) as a journalist, part-time editor and writer for the United Nations Development Programme (UNDP) and the African Capacity Building Foundation (ACBF).

Lloyd has also worked as a part-time lecturer at the Christian College of Southern Africa (CCOSA).

He is vice chairperson of the Consumer Financial Education Technical Committee of the Committee of Insurance, Securities and Non-Banking Financial Authorities (CISNA) in the SADC region.

Lloyd holds a Masters’ Degree in Development Studies (Midlands State University), Postgraduate Diploma in Project Management (Project Management Zimbabwe), Honors’ Degree in Media and Society Studies (Midlands State University), Diploma in Communications and Journalism (Christian College of Southern Africa), Certificate in International Journalism Fellowship (Malaysia Press Institute), Malaysia and a Certificate in French (Alliance Francaise).

Takesure Chabaya

Takesure Chabaya

Procurement Manager

He has 7 years working experience as a Logistics and Transport Coordinator with BAK Logistics a subsidiary of TSL Holdings.

Takesure has also worked for the Zimbabwe Electricity Supply Authority (ZESA) as Procurement and Contracts Administrator.

He holds an Honors’ Degree in Procurement, Logistics and Supply Chain Management from Chinhoyi University of Technology (CUT), a Post Graduate Diploma in Management & Leadership with Chartered Institute of Management and Leadership (CIML-UK).

Takesure is currently studying towards a Masters’ Degree in Supply Chain Management with Chinhoyi University of Technology (CUT).

He is a full member of Chartered Institute of Procurement and Supply (CIPS-UK).

Mr Kudakwashe Madhara

Mr Kudakwashe Madhara

Acting Information and Communications Technology Manager

Kuda has over seven years’ experience in deploying, managing and supporting Information Communication Technology Systems and Infrastructure.

Prior to joining IPEC, he worked for ZUPCO as a System Administrator.

Kuda is in charge of the Commission’s ICT department and is well-versed in Computer Networks (LAN, WAN), IT Security, Disaster Recovery and ERP Applications.

He holds a Bachelor’s Degree in Business Management and Information Technology from Catholic University in Zimbabwe, Cisco Certified Network Associate (CCNA) and is studying towards a Master of Business Administration Degree with Midlands State University.