The Sunday Mail
Sunday Mail Reporter
Steward Bank chief executive officer Dr Lance Mambondiani has resigned after serving the company for four years.
The bank’s chairperson, Mr Bernard Chidzero Jnr, confirmed the CEO’s departure.
In a letter addressed to the bank’s staff, Mr Chidzero said Dr Mambondiani’s last day at work was May 31, 2019.
He thanked Dr Mambondiani for his role in helping to transform the bank through its digital strategy.
Steward Bank is a subsidiary of telecommunications giant, Econet Wireless Zimbabwe.
Econet’s spokesperson Mr Fungai Mandiveyi dismissed market rumours suggesting that Dr Mambondiani had been fired for alleged misuse of foreign currency.
“That is not true. He resigned and we wish him well. There is no case of foreign exchange misuse that we are aware of,” he said.
Dr Mambondiani joined the bank four years ago as the acting CEO after replacing Mr Kwanele Ngwenya.