- June 24, 2020
- Posted in LOCAL
RioZim Limited’s current Chief Executive Officer Mr. Bhekinkosi Nkomo whose term ends on the 30th of June, 2020, has decided to step down to pursue other career opportunities.
The Board of Directors of RioZim Limited announced the appointment of Mr Manit Mukesh Shah as Chief Executive Officer with effect from 1 July 2020.
Bhekinkosi Nkomo (Bheki) was appointed as CEO of RioZim Limited (Zimbabwe) on the 1st of July 2017. He is an alumni of the Harvard Business School after having successfully completed its Advanced Management Program (AMP) in Boston, Massachusetts. Bhekinkosi Nkomo is also a registered Chartered Accountant both in Zimbabwe and South Africa and holds a Bachelor of Commerce Accounting (Hons) Degree from the National University of Science and Technology (NUST), and a Bachelor of Accounting Science (Hons) Degree from University of South Africa (UNISA).
Bheki is a well-rounded senior executive who possesses a strong business and leadership record spanning over twenty years of experience. Prior to his elevation to the role of CEO, Bheki served with distinction as RioZim Limited’s Group Finance Director from 2015 to 2017, during which period he was instrumental in spearheading the implementation of the Group’s expansion strategy which resulted in the Group’s number of operating gold mines growing from one in 2012 to three by 2017 and gold production increasing by more than 350%.
Furthermore, Bheki played a key role in restructuring the Group’s debt which significantly improved the Company’s liquidity, capital structure, and operational efficiency. Bheki also has vast experience in the areas of finance, operations, and strategic planning. He has also served on various Boards. Currently, he serves on the Boards of RioZim Limited and its various subsidiaries and associates.