The Sunday Mail
Online Reporter
Tafadzwa Chinamo will step down as the chief executive officer of the Securities and Exchange Commission of Zimbabwe (SECZ) at the beginning of next year after a decade in the role.
The remaining months of this year will see Mr Chinamo finishing off the remainder of his tenure, SECZ confirmed in a statement today.
Said Mr Chinamo on the development:
“During the past decade, my role has provided a unique opportunity to position the securities trading sector for growth and development and the country for visibility in the foreign investment arena.
“We have tried to ensure that the trading environment continues to provide the opportunities for which the capital markets are known and their ability to attract, mobilise and deploy resources to the productive sector remains pivotal to economic development.
“Serving as chairman of the Committee for Insurance and Non-Banking Authorities (CISNA), amongst other regional and international roles, helped profile Zimbabwe while learning from peers for the improvement of our institutions and processes.
“My retirement is well timed; I have the energy and experience to initiate something new. For now, I am committed to leading the Commission as we deliver on our mandate to foster growth and investor protection in our capital markets.”
SECZ is a statutory body established in terms of section 3 of the Securities and Exchange Act (Chapter 24:25).