Fidelity Appoints Acting FD

TAURAI MANGUDHLA

Listed Fidelity Life Assurance yesterday announced the appointment of chartered accountant Evelyn Namusi to the position of acting finance director.

Namusi’s appointment, which takes effect on November 1, comes after the resignation of chief finance officer Patricia Zvandasara. Zvandasara joined Fidelity Life Assurance in October of 2017.

“The Chairman and Board of Fidelity Life Assurance are pleased to announce the appointment of Evelyn Namusi to the post of acting finance director with effect from 1 November 2019. Evelyn assumes this role following the resignation of the chief finance officer,” company secretary Chipo Matongo said in a statement.

“In due course, Matongo said, the group will announce appointment of a substantive finance director. Namusi is the current group technical manager and is a qualified chartered accountant with ten years post qualification experience, Matongo said, adding the acting finance director has local experience in audit, risk management and financial advisory.

“She also has international experience in audit and regional experience as an IFRS training instructor. Her industry experience is broad and covers financial services, manufacturing, hospitality, mining, retail and international development organisations,” Matongo added.

Group chairman Fungayi Ruwende said in the company continues to focus on its digitalisation strategy of providing a superior customer experience.

Ruwende also said the company seeks to reposition the Fidelity Life brand.

“It is part of our 2019 strategy to refocus our attention on our brand and it’s positioning in the market. To this end Fidelity Life signed an agreement with the Premier Soccer League of Zimbabwe making Fidelity Life the official life and health partner to the league,” Ruwende said.

The company also launched new products in Zimbabwe such as the funeral cash back product that offers customers cash back after five claim free years. The product was launched in May 2019 as a response to customer outcry to get something back from their policy before death, and is our way of offering customers more value for their money.

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