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ZB appoints Zembe as chairman

Newly-appointed ZB Financial Holdings Limited board chairman Luxon Zembe

ZB Financial Holdings Limited (ZBFHL) has appointed award-winning business executive Luxon Zembe as its new chairman with effect from August 1, 2023.

The appointment announced yesterday, means that Zembe will spearhead the financial group’s merger with CBZ Holdings. Finalising the acquisition of a controlling stake in ZBFHL.

“Luxon is a prominent and reputable business leader and economic analyst with over 30 years of corporate governance oversight, foresight, and insight experience across all sectors of the economy, including private, public, and NGO sectors,” ZBHFL said.

The financial services firm said Zembe had previously served as the Reserve Bank of Zimbabwe board member, CBZ Holdings Limited Group chairman, Standard Chartered Bank-Head of Human Capital Development and Change Management across the African region.

“Luxon was a key member of the Standard Chartered Bank International Team of Global Change Agents and Leadership Development,” ZBFHL added.

“He is the founding executive chairman and co-owner of Management Solutions Group of Companies with interests in business and management consultancy, offshore investments advisory services, commercial farming and hospitality and tourism.”

According to ZBFHL, Zembe’s working career also includes Group Training and Management Development for Treger Group as well as being the Education and Training Officer for De Beers Botswana mining company at Oprapa Diamond Mine in Botswana.

Zembe’s business leadership experience includes being the former president of the Zimbabwe National Chamber of Commerce, Zimbabwe Institute of Management president, Professional SMEs president, SDA Church Association of Business and Professional People president.

Other experiences include being the founding president of Nyazura SDA High School Alumni Association, Africa Chambers of Commerce and Industry inaugural vice president, Institute of People Management vice-president, and the Institute of Management Consultants vice-president.

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