Sundaymail Editor
Online Reporter
OK Zimbabwe Limited has announced major executive changes as part of a restructuring effort aimed at improving one of the country’s largest retail chains operational efficiency.
In a statement released on Wednesday, the company secretary, Mrs Margaret Munyuru, confirmed the voluntary departure of chief executive officer Mr Maxen Phillip Karombo, chief financial officer Mr Phillimon Mushosho and supply chain director Mr Knox Mupaya.
To lead the transition, the board has appointed experienced retail executives to the key positions.
Mr Willard Zireva returns as chief executive officer, having previously led the company in the same position from 2001 until his departure in 2017.
Mr Alex Edgar Siyavora takes over as chief financial officer, while Mr Muzvidzwa Chingaira assumes the role of supply chain director.
“The board would like to acknowledge the outgoing executive team for their service through this challenging period, and to welcome back the team reposed with the remit to stabilise and turn the business around over the next six months whilst the company engages in the process to identify the executive replacements,” reads the statement.
OK Zimbabwe, a leading retail chain in Zimbabwe, has been undergoing a business review to adapt to a dynamic market environment.
Online Reporter