NEW: IDBZ appoints Willing Zvirevo as substantive CEO

Business Reporter

THE Infrastructure and Development Bank of Zimbabwe (IDBZ) has appointed Mr Willing Zvirevo as substantive chief executive officer (CEO), effective June 1, 2026.

Mr Zvirevo, a seasoned finance professional and chartered accountant, has been steering the development finance institution in an acting capacity since September 1, 2025, following the retirement of former CEO Mr Thomas Zondo Sakala.

According to a notice issued by the board, his elevation comes at a critical juncture as the bank positions itself for its next phase of institutional development and growth.

“The board of directors expresses its absolute confidence in Mr Zvirevo’s leadership, strategic depth and proven experience to guide the bank towards fully achieving its developmental mandate and long-term strategic objectives,” the board said.

Prior to his appointment as acting chief executive last year, Mr Zvirevo served as the IDBZ’s director for resource mobilisation and climate finance.

In that role, he was instrumental in driving the bank’s capitalisation initiatives, crafting resource mobilisation strategies, managing debt issuance programmes and fostering strategic partnerships with multilateral development finance institutions.

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