Early retirement for MIPF Principal Officer Kwanele Ndlovu

Online Reporter

The Mining Industry Pension Fund (MIPF) board has announced the early retirement of its Principal Officer and Chief Executive, Ms Kwanele Gatsheni Ndlovu, effective 31 May 2025.

Ms Ndlovu, who served the Fund for 25 years, is credited with driving key initiatives, including the establishment of the MIPF Assisted Member Mortgage Scheme and the expansion of services to remote areas through satellite offices.

In a formal notice, the board thanked Ms Ndlovu for her dedicated service and invaluable contributions, highlighting her role in restructuring the Fund and implementing a new pensions administration scheme.

Meanwhile, Mr Laurence Tafadzwa Karumazondo, the Deputy Principal Officer (Legal and Operations), has been appointed Acting Principal Officer while the board recruits a permanent replacement.

The board also confirmed a strategic review to “position the organisation more robustly” in line with its mandate to secure dignified retirements for members.

Key priorities include enhancing operational resilience and value creation.

MIPF has 89 864 members made up of 26 174 active members, 40 086 deferred members, 6 946 preserved members, 4 456 unclaimed benefits and 12 202 pensioners.

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