Former president of the Institute of Chartered Accountants of Zimbabwe, Gloria Zvaravanhu, has been appointed the new chief executive officer of the country’s oldest and largest accountancy body, with effect from January 1, 2019, the Business Times can report.
Zvaravanhu, who has been NicozDiamond’s general manager for corporate services, takes over from Matts Kunaka, who will be stepping down from the top job on retirement. Zvaravanhu was the president of ICAZ for the 2016/17 presidential year taking over from Econet group finance director, Roy Chimanikire.
Although she became the second female president in the history of the institute after Emilia Chisango, who is the Econet Wireless Zimbabwe chief finance officer, Zvaravanhu made history by becoming the first female president of the institute not working for an accountancy firm.
The former St David’s Girls High Bonda student, did her articles at KPMG Chartered Accountants. She worked at First Mutual Holdings, first as the group finance manager before being assigned to finance executive for First Mutual Life. She then moved to NicozDiamond Insurance where she has been the general manager for corporate services.
Zvaravanhu holds a Masters degree in Business Leadership from the University of South Africa and a Bachelor’s degree in Accountancy from Rhodes University in South Africa. Kunaka could not be reached for comment by the time of going to print. Contacted by Business Times yesterday, Zvaravanhu confirmed the latest development. “It’s a great opportunity to serve my institute yet again, this time in an executive role,” Zvaravanhu said. “
I believe I have a contribution to make to the esteemed institute and the accounting profession as a whole. I am passionate about it and believe I will make the desired impact,” she added.