Meet our dedicated board members, driving the vision of ZAMFI. Bringing diverse expertise, they lead initiatives, guide policies, and foster collaboration. Together, they propel the microfinance sector towards sustainable growth and positive impact in Zimbabwe.
Mr. Saul Chin’anga
Chairman of the ZAMFI Board
Saul Chin’anga is the Managing Director for Solten Financial Services. Saul has worked in the banking industry for over 30 years during which time he held several senior positions. He retired in December 2019 as Head of Digital Banking at CBZ Bank. He was recognized as The Most Outstanding Banking and Finance Leader of the year 2019 at the Megafest Business Awards. Saul is a certified Electronic Banking Specialist and hold a post grad diploma in Digital Transformation with Copenhagen University. In addition Saul holds an MBA with Zimbabwe Open University. Recently, Solten Financial Services was awarded the Most Digitalized and Innovative MFI at the ZAMFI Excellence Awards. In light of the global technological developments and the various benefits that arise from using technologies, Saul’s experience and knowledge in tech driven payments industry will be beneficial to the ZAMFI board.
- Phone:+1 (859) 254-6589
- Email:info@example.com
Mr. Lloyd Borerwe
Board Member
An executive & operations leader with 19+ years' experience in Banking & Microfinance. Driven by visceral need to strategize & innovate. Lloyd is an institutional builder with experience in financial services sector. He is currently serves as Managing Director of Zimnat Financial Services (Pvt) Ltd. In his past roles, Lloyd served as the inaugural CEO of InnBucks Microbank Limited, having championed the bank's licensing, commencement, growth and diversification its operations. Prior to this, Lloyd served in executive and senior management roles for both local and international financial institutions championing pre and post-acquisition, transformation, business rationalization and growth initiatives. Lloyd is an Alumnus of the Boulder Microfinance Training Program, IDI Ireland Strategy & Management in Banking Program, MasterCard Foundation’s Africa Board Fellowship Program, Frankfurt School of Finance & Management and several other local and International management development programs. He holds a BSc Natural Resources Management & Agriculture (Honors) Horticulture & Crop Production and has received a number of leadership awards in Zimbabwe. Lloyd currently serves as a Board Member of Zmbabwe Association of Microfinance Institutions (ZAMFI).
Mr. Fungai Chimwamurombe
Chairman of the POC
Fungai is a registered Legal Practitioner, Notary Public and Conveyancer, having obtained his LLBS degree from the University of Zimbabwe. He is a finalist of a Masters degree in Business Administration from Steinbeis University, Germany, has a Certificate in Business Management (University of Zimbabwe), Diploma in Leadership and Developmental Studies and a Diploma in Microfinance.
He is the Principal or Senior legal partner at Chimwamurombe Legal Practice (Zenas) which is a leading law firm in Zimbabwe that is collaborating with Andersen Global. The law firm works with microfinance institutions in Zimbabwe in various respects which include registration of mortgage bonds, corporate advisory, training of microfinance, among other financial inclusion initiatives. He sits on various boards, which include the Contact Centre Association of Zimbabwe, Zambuko and Zenas Consulting. Fungai has worked as a legal advisor in various companies before practising in the Labour & Commercial Department of an established and leading law firm in Zimbabwe. His contribution to the board involves all legal advice in respect of the microfinance landscape in Zimbabwe.Since he is actively involved in training of microfinances he will assist the board in giving sound advices to its members. He is well trained in complex deal structuring, labour matters and corporate advisory. Fungai is also a registered Estate Administrator and a member of the Marketers Association of Zimbabwe.
- Phone:+1 (859) 254-6589
- Email:info@example.com
Lorraine Ndlovu
Board Member
Lorraine is a seasoned and passionate banker who has an in-depth understanding of micro, small and large businesses across the various industry spectrum. She started her Banking career at Zimbank ( ZB Bank) in 1994 as a Graduate Trainee and has over 25 years of banking experience covering the areas of Corporate Banking; Project Finance; Trade Finance; Lease Financing and Microfinance.She is passionate about entrepreneurship and finds fulfillment in being a catalyst for change in people’s economic realities. She is continuously seeking opportunities to engage with organizations that empower entrepreneurs; develop African economies and alleviate poverty. She is a holder of a Bachelor’s Degree in Administration as well as an MBA, both from the University of Zimbabwe. Over and above this she has obtained qualifications in banking (AIBZ); Project Management (Diploma) as well as an Executive Qualification in Microfinance.
- Phone:+1 (859) 254-6589
- Email:info@example.com
Dr. Gerald Zhou
Board Member
Dr. Gerald Zhou is CEO of Inclusive Financial Services Limited. He has wide experiece in the banking industry where he started his banking career in year 2000 as a graduate management trainee with Zimbabwe Financial Holdings Limited. He later joined other financial institutions at management and senior level namely Banc ABC, Stanbic Bank, ZABG Bank and Trust Bank Limited.
Gerald possesses the following credentials:- Doctorate in Business Administration, Masters in Business Administration, Bachelor of Science Honours in Economics, Masters in Political Marketing, Master of leadership in Development Finance, Advanced Diploma in Corporate Management, Diploma in Banking, Advanced Diploma in Bank Credit Management, Making Microfinance work ILO certification, Post graduate certificate in Corporate Management, Certified Expert in Microfinance, Certified Expert in Digital Finance and Certified Expert in SME finance.
Gerald has been awarded a number of accolades in business circles. Notably these include National Businessman of the year, CEO of the year and Service Excellence Executive from Zimbabwe National Chamber of Commerce, Zimbabwe Institute of Management and Megafest.
Mr. Leo Muzvidziwa
Board Member
Leo Muzvidziwa is a Chartered Certified Accountant, Legal Practitioner, Notary Public & Conveyancer. He holds Bachelor of Accountancy (Honours) and Bachelor of Laws (LLBS) degrees both from the University of Zimbabwe & is in his final (dissertation) semester with the same university studying for a Master of Laws in Commercial Law. Leo is also certified by the Frankfurt School of Finance & Management as a Microfinance Expert © and a holder of an Innovation in Operations Management Certificate from the University of Derby.
In addition to being an Affiliate of the Association of Chartered Certified Accountants and an Associate of the Institute of Risk Management, Leo is a Euromoney-trained expert in structured, trade & project finance.
Having worked for the over 25 years in various capacities for local, regional and international financial institutions, Leo has had the privilege of leading teams that have raised lines of credit from regional, international and multilateral institutions. He is currently the CEO of Kreamorn Investments, a leading Microfinance Institution and non-executive Chairman of Crossover Enterprises, a cross border transport and logistics company.
Leo is a founding partner (now retired) of LLMS & Partners, an organization that provides advisory services in taxation, due diligences, Estate Administration, Judicial Management, forensic accounting services and training on emerging legal and other business areas.
He is also the Vice Treasurer of the University of Zimbabwe Alumni Council and a founding trustee of Mwana Mwana Trust, a Chivi-based not-for-profit organisation that focuses on providing support to underprivileged children in the district.
Leo is an avid Dynamos & Manchester United fan, a keen golfer & tennis player and is married to Rumbi with four children.
- Phone:+1 (859) 254-6589
- Email:info@example.com
Dr. Ethel Chiwara Mupambwa
Board Member
Dr. Ethel Mupambwa is the Founder and CEO of MoneyMart Finance (Private) Limited, which she incepted in 2014. She is a Certified Digital Finance Practitioner (CDFP) qualified by Fletcher School at TUFTS University. Ethel holds a BCom (Hons) Degree in Finance, Level 2 CFA student and many certifications in Leadership, Strategy, and Microfinance.
In 2021, The International Institute of Philanthropy, IIP, through its Zimbabwe office and on the recommendation of the board, incorporating the African Institute of Philanthropy, (AIP) and the Women’s Institute of Philanthropy, (WIP) awarded Ethel an Honorary Doctorate of Humane Letters, DHL, and officially be referred to as Dr. Ethel Chiwara Mupambwa, Doctor of Humane Letters, DHL, Honorius, causa. In that instance, she was also conferred with an Honorary Doctor of Business Leadership & Entrepreneurship from the International Women’s University, IWU
Ethel is Zimbabwe’s Country Facilitator of Digital Frontiers Institute and Founding Trustee of Digital Finance Practitioners Association of Zimbabwe. She desires to make sure every Zimbabwean citizen is financially included.
Ethel Mupambwa strongly believes that she has a role in “Sustainable Development Goals” in the fight against poverty, hence MoneyMart Motto: “creating wealth, changing lives” through digital finance.
She has ten years’ experience linking finance to business operations. Seven of them specialize in digital microfinance, focusing more on innovative ways to include women and youths excluded financially. Ethel discovered that Lack of knowledge, understanding, and financial confidence among consumers, combined with the high cost of serving small communities in urban, semi-rural, and rural areas and stringent requirements for documentation and registration by financial institutions, excludes many poor people from financial services. Hence her drive to make sure that African women are financially included.
MoneyMart Finance is a contributor to the promotion of sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all. It significantly contributes to SDGs 1, 3, 5, 7 and 8. From only 3 employees at inception from 2014, MMF now employs over 144 employees in 27 Branches across Zimbabwe. MoneyMart is an equal and fair employment provider with an aim to maintain an equal balance of male and female employees. Currently, of the over 144 employees, 60% are female and 40% are male. The youngest person who joined the team was only 20 years old after completing her Advanced Levels and without a college degree. MMF is a firm believer in investing in the training and development of young people and youths for future managerial posts.
Ethel, through her leadership and vision in MoneyMart Finance has served over 15,000 microentrepreneurs, 74% of them being women. She freely conducts financial literacy programs that will enhance her to empower women and youths in various businesses financially. In so doing, Ethel has positively influenced the creation of more than 30,000 jobs for women and children. Since 2018, Ethel has distributed over 4,500 sustainable, modern, accessible, renewable, and technologically driven by Pay-As-You-Go solar home systems in rural areas tapping into SDG 7; to make sure that the rural child has more time to study, women can charge their phones without extra costs and even increase their working hours. It is one of Ethel’s acts to distribute sanitary wear to rural schools to ensure the girl child is safe and comfortable.
- Phone:+1 (859) 254-6589
- Email:info@example.com
