NMBZ Holdings Ltd
Charles Chikaura is an independent non-executive director who was appointed to the NMBZ Holdings and NMB Bank Limited boards on 24 December 2015. Charles holds a Bachelor of Arts Honours degree and a Masters in Business Administration degree from the University of Zimbabwe as well as an Institute of Bankers diploma. Charles has 35 years of banking experience, of which 23 of these were with the Reserve Bank of Zimbabwe where he held several positions including Manager Exchange Control, General Manager Operations, Senior General Manager and Deputy Governor. Charles was thereafter appointed Chief Executive Officer of the Infrastructure Development Bank of Zimbabwe a position he held for 12 years. Charles is retired and is a full time farmer.
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NMBZ Holdings Ltd
NMBZ Holdings Limited is an investment holding company. The Company's principal subsidiary is NMB Bank Limited, which is engaged in commercial and retail banking. The Company's segments are Retail banking, Corporate banking, Treasury, International banking and Corporate Finance. The Retail banking segment covers individual customer's deposits and consumer loans, overdrafts, credit card facilities and funds transfer facilities. The Corporate banking segment covers loans and other credit facilities, and deposit and current accounts for corporate and institutional customers. The Treasury segment is engaged in money market investment, securities trading, accepting and discounting of instruments and foreign currency trading. The International banking segment handles the foreign currency denominated banking business and manages relationships with correspondent banks. Its other subsidiary is Stewart Holdings (Private) Limited, which is an equities holding company.