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GOVERNMENT has appointed a six member Pensions and Insurance Commission Board chaired by ex-AfrAsia chief executive Mrs Lynn Mukonoweshuro.
Other members of the new IPEC board include Mr George Mazhude, who is board vice chairperson, Finance and Economic Development secretary Mr Willard Manungo, Mrs Anna Mashingaidze, Abedinico Ncube and Mr Tafadzwanashe Zinyoro. Finance and Economic Development Minister Patrick Chinamasa announced the new six member board of directors in a Government Gazette published on Friday last week.
Only Mr Manungo retains his position on the previous board appointed in 2012.
“It is hereby notified that Minister of Finance and Economic Development has, in terms of section 5(2) of the Insurance and Pensions Commission Act, Chapter 24:21, appointed. . .the board of the insurance and pension commission with effect from the date of publication of this notice in the Government Gazette for a period of five years.”
IPEC is the commission governing insurance and pensions in Zimbabwe. It is a non-profit making organisation and stakeholders include insurance and pension funds, members of the public, board and commissioners, management and its staff.
The commission’s role includes registering, regulating and monitoring insurance industry players, monitor and ensure compliance to set standards, providing information to the public, encouraging and promoting investment in the insurance sector.
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