IDBZ in hunt for new CEO

The development bank said projects under imple­mentation were yet to generate repayments, prompting management to focus on converting its project pipeline into bankable transactions and expanding lending in the second half of the year.

THE Infrastructure and Development Bank of Zimbabwe (IDBZ) has begun the search for a new substantive chief executive following the departure of Thomas Sakala, who completed his 10-year term in August this year.IDBZ has contracted an independent consultancy firm, Proserve Consulting Group, to search for the candidate who will take charge of the bank’s strategic…

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