Zimnat appoints new managing director

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ZIMNAT has appointed Elizabeth Rabvukwa as the new managing director for Zimnat Financial Services with executive oversight over Zimnat Asset Management.

Rabvukwa will assume roles from outgoing chief executive officer of Zimnat Financial Services Munyaradzi Javangwe and executive director Oliver Lutz.

The appointment comes at a time when the financial services group is positioning itself for exponential growth which will see it emerge as a household financial services provider.

“As the Zimnat group is looking at its growth agenda for the coming years, I am confident that Elizabeth will continue to surpass expectations in her leadership journey,” Zimnat Group CEO Mustafa Sachak said.

Prior to her appointment Rabvukwa was the chief operating officer for Zimnat Life Assurance for four years, worked for diverse institutions, including PWC and Tractive Power Holdings and also served on several boards in various industries and sectors ranging from parastatals, health sector, financial services and professional institutions.

Zimnat is a diversified financial group made up of four business units, namely Zimnat General Insurance, Zimnat Life Assurance, Zimnat Financial Services and Zimnat Asset Management. It is associated with Sanlam, which is the largest non-banking financial services group on the continent.

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