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Cimas appoints new CEO

Business
Cimas Medical Aid Society has appointed Vulindlela Ndlovu as its new chief executive officer in place of Mac Chaora, who is leaving the company this year-end after more than 17 years at the helm.

Cimas Medical Aid Society has appointed Vulindlela Ndlovu as its new chief executive officer in place of Mac Chaora, who is leaving the company this year-end after more than 17 years at the helm.

BY BUSINESS REPORTER

CIMAS

Ndlovu joined Cimas two years ago as group finance executive before he was elevated to group chief operations executive.

Before joining Cimas, Ndlovu was with Lufuno Capital Partners, where he worked on private equity and consulting assignments in Africa.

He also worked with Small Enterprise Assistance Funds (SEAF) in promoting the SEAF Global Vintage Flexible Fund.

Prior to that, he was BancABC Zimbabwe managing director.

Ndlovu is a chartered accountant by training.

Announcing his retirement on Wednesday, Chaora applauded the Cimas board and management team for their unwavering support during his tenure.

“I would like to express my appreciation for the support I have received from my senior management team and from the board of Cimas, as well as for the hard work of all Cimas employees, who collectively have enabled us to provide our members with a wide range of quality health services and medical aid packages,” Chaora said.

Chaora joined Cimas in May 1989 as operations manager.

He was appointed medical aid manager, heading the medical aid division, in February the following year.

He was appointed deputy chief executive in 1997 after undergoing a senior management course at Harvard University in the United States.

Chaora was appointed group chief executive in November 1998.

Cimas board chairman Mordecai Mahlangu said Chaora’s leadership had seen the society retain its position as the country’s leading medical aid society.

“Under Chaora’s leadership, Cimas has expanded its operations to meet the changing needs of its members, ensuring that they have access to affordable health care. I would like to express my appreciation for the dedication and hard work he has put into making Cimas what it is today and wish him well in his retirement and future endeavours,” Mahlangu said.

“I have every confidence that Ndlovu, who is taking over from him, will continue the good work that has been done and ensure that Cimas continues to provide the high standards of service to which our members have become accustomed.”