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The Board

Mr Albert. J. Nduna

Mr Albert. J. Nduna

Board chairperson

Mr Nduna holds a BSc Degree in Accounting and Finance from the University of Lancaster and a Master in Business Administration from the University of Bradford, United Kingdom.

He has vast experience in both the public and private sector having worked for Delta Corporation, the Ministry of Finance and Economic Development as Under Secretary and later promoted to the position of Deputy Secretary responsible for Domestic and International Finance.  Mr. Nduna’s portfolio in the Ministry included regulation of insurance companies and pension funds, banks, building societies and the Zimbabwe Stock Exchange.


Mr Nduna was involved in the establishment of financial institutions such as the Zimbabwe Development Bank, the National Social Security Authority and the Zimbabwe Reinsurance Corporation (ZimRe).

In 1984, he was seconded to lead the newly established Zimbabwe Reinsurance Corporation, which was to spearhead the development and localisation of the insurance industry in Zimbabwe, which at independence was predominantly foreign in ownership and management.

Under Mr Nduna’s leadership, ZimRe opened other reinsurance companies in Botswana, Zambia, Mozambique, South Africa and Malawi and a life company in Malawi; and non-life companies in Uganda, Malawi, Zambia and Mozambique.

He has served as president of African Insurance Organization (AIO), president of the Federation of Afro-Asian Insurers and Reinsurers (FAIR) and deputy president of the Association of Insurance and Reinsurance companies in developing countries, covering Africa, Asia and Latin America.

Mrs Annah Mashingaidze

Mrs Annah Mashingaidze

Board Vice Chairperson

Mrs Mashingaidze holds a Bachelor of Accountancy (Honours) Degree from the University of Zimbabwe and a Master of Business Leadership Degree from the University of South Africa (UNISA).

She is a Chartered Management Accountant with diverse experience spanning over thirty years in treasury, working capital management, strategic financial management, tax- planning, management accounting, budgeting, information technology and company secretarial practice.


She has worked for various companies as a Financial Consultant (Overnight Express), Finance Executive and Company Secretary (Romsdal Investments (Pvt.) Ltd), Chief Financial Officer (Eagle Insurance Company) and Finance and Administration Manager (Zimchem Refiners (Pvt.) (Ltd).

Mrs Mashingaidze served as board member of the Insurance and Pensions Commission from November 2015 to February 2019 where she was the chairperson of the Finance and Audit Committee.

Mrs Judith Rusike

Mrs Judith Rusike

Board Member

Mrs Rusike holds a BSc (Hons) Degree in Economics and a Masters’ Degree in Business Administration from the University of Zimbabwe.

She has 18 years’ experience in Government and is the Director for the Financial & Capital Markets Department in the Ministry of Finance and Economic Development.


Prior to her current position, Mrs Rusike worked in the Revenue & Tax Policy and Domestic & International Finance departments of the Ministry of Finance and Economic Development. She also worked in the National Economic Planning Commission and the Ministry of Education as secondary school teacher.

Mrs Rusike is a board member of the Deposit Protection Corporation and was an Alternate Director on the last IPEC board.

 

 

 

Mr David Mureriwa

Mr David Mureriwa

Board Member

Mr Mureriwa holds a BSc Mathematics Degree from the University of Zimbabwe and is a Fellow of the Faculty of Actuaries (Scotland) and the Actuarial Society of South Africa.

He has 24 years’ experience as an actuarial consultant to life and short-term insurance companies, pension funds and medical aid funds in various countries. Mr. Mureriwa was once a Chief Actuary for the African Actuarial Consultancy, Head of Actuarial and Investments Consultant for South Africa’s Quantum Financial Services and Actuarial Consultant for Sanlam Namibia.


He is past president of the Actuarial Society of Zimbabwe, Institute and Faculty of Actuaries’ Education Advisor for Zimbabwe and Head of International Mentoring Program for the Association of South African Black Actuaries.

He works as a part-time lecturer at the National University of Science and Technology.

Mr Godwin Nyengedza

Mr Godwin Nyengedza

Board Member

Mr Nyengedza holds a Bachelor of Laws and Master of Laws Degrees, both attained from London. He is a registered Legal Practitioner, Notary Public and Conveyancer in Zimbabwe, a Barrister (England & Wales), member of Lincoln’s Inn and an associate member of the Chartered Institute of Arbitrators (UK).


He has over 25 years’ experience gained from Customs & Excise (now ZIMRA), shipping, cross-border transport and logistics, insurance and banking. Mr Nyengedza has also consulted for the UK Border Agency. He has previously interned with a UK-based Magic Circle law firm and was a beneficiary of a Lex Africa fellowship that saw him placed for three months with a Washington DC-based international law firm in 2018.

Mr Nyengedza previously taught the law of banking and negotiable instruments at the University of Zimbabwe. He has previously served on the board of an insurance entity where he chaired the Governance committee and was a member of the Investments committee.