CBZ Holdings Executive and Leadership Team

August, 2026

Leadership Overview

CBZ Holdings has 4 executives leading key functions including financial oversight, human capital management, agricultural operations, and group fiscal strategy.

Focused on delivering comprehensive financial solutions across Zimbabwe, CBZ Holdings maintains a commitment to economic stability through diverse banking, insurance, and agribusiness services.

Leadership Roles at CBZ Holdings

  • Chief Financial Officer - Norman Mhondiwa
  • Chief Operating Officer CBZ Agro Yield - Simbarashe Mhungu
  • Group Chief Human Resources Officer - Nyasha Mangwiza
  • Group Chief Finance Officer - Joel Makombe
  • Norman Mhondiwa - Chief Financial Officer

    Norman Mhondiwa, the Chief Financial Officer at CBZ Holdings, directs the fiscal health and capital allocation strategies for the organization. Overseeing the core banking and insurance financial reporting, the Chief Financial Officer ensures compliance with regional regulatory standards while optimizing liquidity across all deposit products. This leadership role involves managing the balance sheet to support personal and business loan portfolios. By implementing rigorous internal controls, Norman Mhondiwa strengthens the financial foundation necessary for sustained growth in the Zimbabwean market. The Chief Financial Officer collaborates with the board to refine investment banking services and custodial operations. Through precise fiscal planning, the Chief Financial Officer mitigates risk within the treasury department. Ultimately, the Chief Financial Officer drives long-term profitability by aligning financial resources with the broader corporate objectives of the institution, ensuring that every asset finance service remains competitive and sustainable within the evolving financial landscape.

    Simbarashe Mhungu - Chief Operating Officer CBZ Agro Yield

    Simbarashe Mhungu, the Chief Operating Officer CBZ Agro Yield at CBZ Holdings, directs the operational execution of agricultural finance initiatives and supply chain support for the agribusiness sector. Overseeing the deployment of capital to farmers, the Chief Operating Officer CBZ Agro Yield ensures that credit facilities and input financing reach critical production zones across the country. This leadership role involves managing the logistics of agricultural support services to maximize yield and economic impact. By optimizing the operational workflow between the bank and agricultural producers, Simbarashe Mhungu facilitates the growth of the national food supply chain. The Chief Operating Officer CBZ Agro Yield collaborates with the broader executive team to integrate agribusiness services into the core financial product suite. Through efficient resource management, the Chief Operating Officer CBZ Agro Yield mitigates operational risks associated with seasonal agricultural cycles. Ultimately, the Chief Operating Officer CBZ Agro Yield drives the success of the agricultural portfolio, supporting the broader economic development goals of the organization.

    Nyasha Mangwiza - Group Chief Human Resources Officer

    Nyasha Mangwiza, the Group Chief Human Resources Officer at CBZ Holdings, architects the talent acquisition and organizational development strategies required to support a diverse financial services workforce. Overseeing the human capital lifecycle, the Group Chief Human Resources Officer ensures that the company attracts top-tier professionals capable of delivering complex wealth management and bancassurance services. This leadership role involves fostering a high-performance culture that aligns with the mission of providing superior customer service across all banking channels. By implementing comprehensive training programs, Nyasha Mangwiza enhances the technical proficiency of staff managing corporate finance and agribusiness portfolios. The Group Chief Human Resources Officer collaborates with executive leadership to refine performance management systems and employee engagement initiatives. Through strategic workforce planning, the Group Chief Human Resources Officer secures the human capital necessary for operational excellence. Ultimately, the Group Chief Human Resources Officer drives organizational agility, ensuring that the workforce remains equipped to meet the demands of the Zimbabwean financial sector.

    Joel Makombe - Group Chief Finance Officer

    Joel Makombe, the Group Chief Finance Officer at CBZ Holdings, architects the overarching fiscal strategy and capital structure for the entire group. Overseeing the consolidation of financial results across banking, insurance, and investment divisions, the Group Chief Finance Officer ensures transparency and accuracy in all reporting. This leadership role involves managing investor relations and capital market activities to support the expansion of mortgage and corporate finance services. By analyzing macro-economic trends, Joel Makombe provides the strategic foresight required to navigate the complex financial environment in Zimbabwe. The Group Chief Finance Officer collaborates with the executive committee to allocate capital toward high-growth areas like digital banking and SMS services. Through disciplined financial management, the Group Chief Finance Officer maintains the solvency and stability of the group. Ultimately, the Group Chief Finance Officer drives the financial performance of the organization, ensuring that the group remains a dominant force in the regional financial services market.

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    Frequently Asked Questions Regarding CBZ Holdings Top Executives and Leadership Team

    Who leads CBZ Holdings?
    CBZ Holdings is led by Norman Mhondiwa (Chief Financial Officer), along with executives such as Simbarashe Mhungu (Chief Operating Officer CBZ Agro Yield) and Nyasha Mangwiza (Group Chief Human Resources Officer).
    Who is part of CBZ Holdings’s executive team?
    The executive team of CBZ Holdings includes leaders such as Norman Mhondiwa (Chief Financial Officer), Simbarashe Mhungu (Chief Operating Officer CBZ Agro Yield), Nyasha Mangwiza (Group Chief Human Resources Officer) and other senior executives.
    How many executives does CBZ Holdings have?
    CBZ Holdings has 4 executives leading key business areas.
    What roles are included in CBZ Holdings’s leadership team?
    The leadership team of CBZ Holdings includes roles such as Chief Financial Officer, Chief Operating Officer CBZ Agro Yield, Group Chief Human Resources Officer, Group Chief Finance Officer.