Infrastructure Development Bank of Zimbabwe (IDBZ)
Shepherd Mudzingwa is currently the Chief Compliance Officer at IDBZ Compliance Unit since June 2018. Prior to this, Shepherd held various positions at different financial institutions such as Operational Risk Manager at Old Mutual Zimbabwe and Assistant Compliance Officer at CBZ Holdings Limited. With a Master's Degree in Finance and Investment from the National University of Science and Technology, Shepherd has a strong background in finance and banking.
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Infrastructure Development Bank of Zimbabwe (IDBZ)
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The IDBZ was formed on the 31st of August 2005, taking over the assets and liabilities of the former Zimbabwe Development Bank (“ZDB”). It was primarily set up as a vehicle for the promotion of economic development and growth, and improvement of the living standards of Zimbabweans through the development of infrastructure, which includes but not limited to energy, transport, water and sanitation, information communication technology (ICT) and housing. The Bank is also enjoined to develop institutional capacity in undertakings and enterprises involved in infrastructure development in Zimbabwe (IDBZ Act (Chapter 24:14). The Bank, therefore, operates primarily as an infrastructure development finance institution (DFI).