Tapera Mushoriwa Appointed Chairman of Institute o...

Tapera Mushoriwa Appointed Chairman of Institute of Bankers of Zim

Audrey Galawu- Assistant Editor

First Capital Bank Chief Executive Officer Tapera Mushoriwa has been appointed Chairman of the Institute of Bankers of Zimbabwe, following the institute’s 43rd Annual General Meeting held on May 29, 2025.

Mushoriwa takes over leadership alongside ZB Bank CEO Elisha Chivhuri, who assumes the role of Vice Chairman. The duo succeeds outgoing leaders Courage Mashavave of Steward Bank and Kenneth Chitando of AFC Bank, who served as Chairman and Vice Chairman respectively over the past two years.

In a post confirming the appointment, Mushoriwa expressed his gratitude and pledged to steer the Institute toward a more dynamic and forward-looking role within the financial sector.

“It is a great privilege and honour for me to have been appointed as the Chairman of the highly regarded Institute of Bankers of Zimbabwe. I extend my sincere gratitude to my fellow bankers and industry colleagues for entrusting me with this important leadership role," Mushoriwa wrote.

“As we face a rapidly evolving financial and business landscape, I commit to putting our best foot forward, working with stakeholders across the sector to redefine and transform the Institute into a future-fit, value-adding partner to the banking profession and the broader economy."

“The emerging global financial services economy is filled with hurdles and prospects in equal measure. With collective wisdom, bold thinking, and decisive action, I believe we can reposition the Institute and its stakeholders to harness the opportunities, mitigate the challenges, enhance relevance and shape the future of banking for sustainability and impact."

“Thank you once again for the vote of confidence. With your continued support, I look forward to a sailable journey ahead.”

The IOBZ Executive Director F. Mutogo congratulated the new leadership and praised their expertise and experience, expressing confidence in their capacity to steer the Institute forward.

The Institute also extended appreciation to the outgoing leadership for their dedicated service during their tenure.

Mushoriwa’s appointment marks a significant step in consolidating efforts to shape Zimbabwe’s banking sector amid regional and global economic shifts.