Our Chairman and Executive Directors
Herbert Nkala: Chairman
Herbert holds a Bachelor of Science (Honours) degree from the University of Wales, United Kingdom, as well as a Masters Degree in Business Administration from the University of Zimbabwe. He is the former Group Chief Executive Officer of the Rainbow Tourism Group and former Chairman of Zimbabwe Newspapers (1980) Limited. His previous positions include Marketing Director for the then National Breweries and Assistant General Manager of Dairibord Zimbabwe Limited. Herbert also holds directorships in many other companies.
Max Karombo: Group Chief Executive Officer
Max Karombo joined OK Zimbabwe in April 2021. He holds a Bachelor of Technology (Honours) degree and a Master of Business Administration degree, both from the University of Zimbabwe. A Fellow of the Chartered Institute of Marketing (CIM), Max was first certified as a Chartered Marketer in 1999 and is a recipient of the Outstanding Marketing Personality of the Year from the Marketers Association of Zimbabwe. Max has held various senior leadership roles in Marketing and Operations which have enabled him to hone his vast experience in marketing.
Leveraging on his robust training, he grew his business leadership credentials at Unilever where he started off as Marketing Director for the South East Africa cluster, Zimbabwe Customer Development Director, Managing Director at Unilever Uganda and eventually as Managing Director at Unilever Zimbabwe. In the recent past, he was at Delta Corporation as Executive Director – Operations and Marketing for 10 years.
Phil Mushosho: Chief Finance Officer
Phil is an accomplished Chartered Accountant with vast experience accumulated in a number of blue-chip organizations over the years. He is joining OK Zimbabwe from an ICT organization where he was a Chief Executive Officer for the past six years. Prior to that, he held senior positions in finance and operations in BOC Gases, SPAR Zimbabwe, Innscor Africa and Delta Corporation.
Phil is a holder of a Bachelor of Accountancy honours degree from the University of Zimbabwe and a Masters in Business Leadership from UNISA. He qualified as a Chartered Accountant in 2004 and is registered both in Zimbabwe and South Africa. Phil is married to Patience and they have three daughters and a son.
The Board congratulates Phil Mushosho on his appointment as Chief Finance Officer and wishes him a successful tenure.
Other Non-executive Directors
Rufaro Audrey Maunze: Non-Executive Director
Rufaro holds a Bachelor of Accounting Science (Honours) degree from the University of South Africa and is a member of the institute of Chartered Accountants of Zimbabwe having qualified in 2004. She holds a Masters in Development Finance from Stellenbosch University.
Rufaro has worked as an auditor at Deloitte Zimbabwe, a Senior Manager at Deloitte Australia’s Sydney office as a National Director for Technical Training and Advisory for PFK Australia. In 2008, Rufaro joined Westpac Banking Corporation Australia where she held various leadership positions both in Finance and Strategic Operations. She is a former Chairperson of the Australia Africa Business Council.
Rufaro is currently the Country Director for TechnoServe Zimbabwe and also sits as a Non-Executive Director on Imara Asset Management, Imara Securities and Imara Fiduciary Boards.
Rose Mavima: Non-Executive Director
Rose holds a Bachelor of Business Studies (Honours) from the University of Zimbabwe. She started her marketing career in 1987 as a Relationship manager and rose to Account Director at Lintas Advertising Agency, were she managed the communication strategies of various premium brands and portfolios.
Since 1996, Mrs Mavima has been managing family owned business in the tourism, financial and manufacturing sectors. She is currently the Corporate Affairs Director at Hanawa Super Foods.
Rutenhuro James Moyo: Non-Executive Director
Rutenhuro joins the Board of OK Zimbabwe Limited as an Independent Non-Executive Director. He holds a Masters and a Bachelor of Science (Honours) degree, both from the University of Zimbabwe. He has worked for Anglo American Corporation Zimbabwe, Old Mutual Zimbabwe, and The Coca-Cola Company. He also created and headed the Shanduka Group’s FMCG Unit that had interests in both Coca-Cola Shanduka Beverages South Africa (Pty) Ltd and McDonalds SA. He now heads Remoggo Investments, a Mauritian-registered, Zimbabwean-owned private investment vehicle.
Andrew Stuart McLeod: Non-Executive Director
Stuart holds a Bachelor of Commerce degree and a Diploma Certificate in the Theory of Accountancy from the University of Cape Town. He qualified as a Chartered Accountant (SA) in 1989. He has worked for Deloittes (Pim Goldby) in Cape Town and Lowe Bell Communications in London. He joined Coca-Cola Peninsula Beverages in 1990 and served as both Financial and Managing Director. He is currently the Managing Director of Forbes Investment Holdings.
Lyndsay Webster-Rozon: Non-Executive Director
Lyndsay Webster-Rozon has over 20 years’ experience as a Retail Executive and Management Consultant. She has recently returned to consulting after spending 14 years in several senior executive positions within one of South Africa’s largest grocery retail brand. In 2014 she started an independent consulting business, specializing in strategy, commercial due diligence, marketing, omni-channel retail and business development.
She has served a diverse array of Blue Chip clients from a number of sectors, including Retail, Financial Services, Private Equity (commercial due diligence), Advertising, Quick Service Restaurants, and Big Data Analytics (leveraging customer loyalty data). She has delivered strategic projects across Southern Africa, including RSA, Botswana, Mozambique, Zimbabwe and Kenya.
Prior to that she worked for the CEO as GM Corporate Strategy which included defining overall Customer Proposition; acquisitions; business unit strategy; and new supply chain strategy. Lyndsay holds a Bachelor of Business Administration, Summa Cum Laude, and BA (Psychology), Summa Cum Laude, from Andrews University, Michigan, USA; and an MBA from McGill University, Montreal, Canada.
Keresia Mtemererwa: Independent Non-Executive Director
Keresia is a legal practitioner by profession having attained her LLB at Rhodes University in 2004, making the Dean’s merit list for academic achievement in her third year. She is an admitted attorney and conveyancer. Before joining Massmart in 2013 as Group Associate General Counsel, Kay worked as a Group Legal Advisor at RCL Foods for almost four years where she gained invaluable experience in commercial drafting, property transactions, compliance, consumer protection law and competition law.
In her current role at Masscash, Kay serves on the executive team, provides strategic-minded legal input and provides legal counsel and representation to the business with respect to the legal implications of major decisions, strategies and transactions.
Kay is naturally driven and has rapidly built a career as an in-house legal advisor. Kay was awarded the CEO citation award for demonstrating exceptional performance in 2015. That same year Kay spent eight weeks at Wal-Mart on a summer rotation program.
Tawanda Lloyd Gumbo: Independent Non-Executive Director
Tawanda Lloyd Gumbo has been appointed to the Board of Directors as an Independent Non-Executive Director. Tawanda is a Chartered Accountant (South Africa & Zimbabwe) with 30 years professional experience, 20 of them as a Deloitte partner in various African practices. He is a co-founder and chief adviser to private equity businesses and recently served as an Audit Executive Partner in Deloitte Southern Africa where he was responsible for business development across Africa. He is the outgoing CEO for the Deloitte West Africa cluster, a role which he held for over five years based in Nigeria. He has served as a member of the Deloitte Africa Executive Committee, and as a board member of the Deloitte Southern Africa cluster. Tawanda also served as the CEO of Deloitte Central Africa cluster for 8 years prior to joining Deloitte in West Africa.
Tawanda is a past President of the Institute of Chartered Accountants of Zimbabwe and has served as the deputy chairperson and member of the Zimbabwe Stock Exchange monitoring panel. He has also served on the council for the Pan African Federation of Accountants (PAFA) and as an Executive Committee member of the predecessor accounting body ECSAFA covering 29 Anglophone African countries.
Charl John Goncalves: Independent Non-Executive Director
Charl is a Chartered Accountant registered with the South African Institute of Chartered Accountants. He completed his articles with Pricewaterhouse Coopers in Cape Town, South Africa. He then joined Old Mutual Limited and had a career spanning 20 years with the Group holding positions within Internal Audit and as a Senior Finance Executive. During the last 5 years of his time at Old Mutual Limited, he was a member of the Board of a material subsidiary of the Group, Old Mutual Finance. Charl was initially the Finance Director for two years and subsequently became the Chief Executive Officer for 3 years. He is currently the General Manager: Investment & Projects of Forbes Investment Holdings.
Wonder Stan Nyabereka: Independent Non-Executive Director
Wonder, who is currently the General Manager of Revival Technologies (Private) Limited has been in the financial services sector for the past thirty years, working in various positions with Barclays Bank PLC which for three years transitioned into First Capital Bank after acquiring the Zimbabwean franchise of Barclays Bank PLC.
He spent the better part of his early years in the industry working in IT in a number of countries in Africa, the UK and Caribbean before becoming the Chief Operating Officer for Barclays Bank of Zimbabwe in 2010. More recently, he led the technology transformation of the First Capital Bank where he was the Accountable Executive for the migration and changing of all Barclays systems that were replaced by new systems put in place after the sale of the business.
Wonder has helped put structure to the national payment switch, Zimswitch Technologies, as a member and current Chairman of the Board. At Zimswitch, he has driven the collaboration agenda which culminated into a partnership between the Switch and Mastercard PLC. He also took a leading role in the negotiations with the Reserve Bank of Zimbabwe (RBZ) for the shareholding transaction of Zimswitch Technologies concluded in July 2021. More so, under his watch, SI80/2020 was promulgated through which Zimswitch was formally appointed the National Payments Switch.
Simon Masanga: Non-Executive Director
Mr. Simon Masanga is the Permanent Secretary of the Ministry of Public Service, Labour and Social Welfare. He is a career civil servant who has worked in various Government Ministries in Zimbabwe. He has previously served as the Head Human Resources Management and Development at the Public Service Commission as well as the Principal Director in the Ministry of Labour And Social Welfare where he was the Country Focal Person for Sustainable Development Goals. Simon started his career in the public service in 1991 as a Human Resources Practitioner. He was later promoted to Human Resources Director in the Ministry of Lands and Agriculture in 2005. In 2014, he moved to the Ministry of Youth where he was elevated to Principal Director Youth Development in March 2016. He is currently the Chairperson of the Zimbabwe Occupational Health and Safety Council.
Simon has served as a board member in various organisations and other councils which include Grain Marketing Board, Rainbow Tourism Group, the East and Southern Africa Management Institute and Productivity Institute of Africa among others. He holds several professional qualifications including a Masters in Public Sector Management. He has vast experience in corporate governance, strategic planning, leadership and is an accomplished motivational speaker.
Margaret Munyuru: Corporate Affairs Director and Company Secretary
Margaret is a seasoned legal expert and chartered secretary with a strong background in legal, governance, risk management and compliance gained from her experience in the legal, financial services and retail sectors. She holds a Bachelor of Laws Honours degree attained from the University of Zimbabwe, a Master’s degree with specialisation in International Relations attained from the University of Zimbabwe as well as a Master’s degree with specialisation in International Economic Law with the University of South Africa where she concentrated on e-commerce and regional trade. She also holds a full governance and accounting professional qualification from the Institute of Chartered Secretaries and Administrators in Zimbabwe.
Margaret began her career in 2011 as a Legal Services Manager at CBZ Holdings Limited where she rose within the ranks handling a versatile portfolio within the diversified financial services Group. She later joined the African Banking Corporation Limited in 2017 as its Country Legal Advisor, a position she held until joining OK Zimbabwe Limited on 1 May 2018. Margaret served as the Company Secretary and Head of Corporate Services until her recent appointment to Corporate Affairs Director. She continues to serve as Company Secretary whilst leading corporate communications, corporate reputation management, public relations and strategy implementation.
Margaret is a registered member of the Law Society of Zimbabwe and Institute of Chartered Secretaries and Administrators in Zimbabwe. She is an accomplished analytical thinker and passionate problem solver who brings vast wealth of knowledge and experience to Management and the Board.