ICAZ CEO, Gloria Zvaravanhu, steps down




The Institute of Chartered Accountants of Zimbabwe (ICAZ) CEO, Gloria Zvaravanhu is stepping down from her role at the end of next month, Business Times can reveal.

All efforts to get a comment from Zvaravanhu were futile.


But ICAZ president president, Tumai Mafunga, confirmed the latest development in a circular sent to members on Monday.


“This note serves to notify that the CEO, Mrs Gloria Zvaravanhu, will be stepping down from the position of chief executive officer with effect from January 1 2022, following her resignation to pursue other interests,” Mafunga said.

“Her extraordinary service, which will be three years at the end of December 2021, was admirable and has no doubt taken the institute to greater heights locally and internationally,” Mafunga said in the circular.


He added: “The council and presidium express their appreciation to Gloria for her remarkable service and palpable enthusiasm and inspirational leadership.

“She is leaving a visible worldwide network membership, the Women Chartered Accountants Network (WeCan) introduction, CA leadership masterclass for students, representing the southern region on the Pan African Federation of Accountants  board and being a member of the International Federation of Accountants advisory board.

“She also held the implementation of the public sector professional qualification accelerated programme that will soon see the admission of the first members under the public sector category.

“She leaves the institute in a strong position having built a strong secretariat that will no doubt take the institute to even greater heights.”


Zvaravanhu joined ICAZ three years ago from Nicoz Diamond Insurance Limited where she was general manager for corporate services.

Prior to that, she was finance executive at First Mutual Life.

She did her Articles with KPMG Chartered Accountants. She was also the audit manager at KPMG.


Zvaravanhu holds  a Bachelor of Accountancy  degree from Rhodes University in South Africa, an LLM International Business Law  degree  (University of Cumbria, UK ) and Masters in Business Leadership (University of South Africa).


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