Online Reporter
Freeman Razemba
Senior Reporter
The Council of the Institute of Directors Zimbabwe (IoDZ) discussed matters relating to corporate governance at its annual general meeting (AGM) held this week.
This was apart from the AGM noting the institute’s progress and electing committee members.
IoDZ AGM is the organisation’s highest decision-making body and is held annually.
In his speech at the AGM, IoDZ chairman Mr Gilfern Moyo said the institute had successfully hosted a series of high-impact events that demonstrated its capacity to convene key stakeholders around critical governance themes.
“The institute continues to solidify its role as a national driver of corporate governance through strategic expansion, operational efficiency and digital transformation,” he said.
“We have made commendable progress in advancing governance leadership, member engagement, operational excellence and visibility across Zimbabwe.”
Mr Moyo said on director development and training, the institute continued to deliver on its core mandate of developing effective, ethical and board-ready directors, achieving substantial growth in the 2024–2025 period.
“Notably, 109 members were shortlisted for board placements across sectors, affirming IoDZ’s ability to translate training into real leadership opportunities,” he said.
“New institutional clients and a growing demand for board evaluation services highlight the institute’s growing influence in governance diagnostics.”
Mr Moyo said the institute had established a Bulawayo Chapter to decentralize its services to directors from the region and enhance engagement.
The institute’s expanding digital footprint, he said, had increased online engagement, further reinforcing its visibility and positioning as a thought leader in governance.
He said the period under review had been a year of strategic consolidation and purposeful growth.
“The Future Directors Development Programme (FDDP) exceeded expectations with two fully subscribed cohorts, surpassing targets by 100 percent for every intake, while the Advanced Certificate in Company Direction (ACCD) maintained strong enrolment,” said Mr Moyo.
“An Accelerated Intense Future Directors Development stream was also launched to meet rising demand from mid- to senior-level professionals.
Mr Moyo said to enhance its work, IoDZ secured a high-profile in-house training contract with Stanbic Bank, reinforcing the credibility of its tailored, impact-driven training approach.
“Overall training participation rose significantly, with open session trainings attendance increasing by 46 percent, and in-house sessions grew by over 150 percent supported by improved marketing and conversion strategies,” he said.
Online Reporter