Infrastructure Development Bank of Zimbabwe (IDBZ)
Simba Makombera currently serves as the Director of Corporate Services and Human Resources Department at the Infrastructure Development Bank of Zimbabwe (IDBZ) since March 2023, following a tenure as Manager of the Human Resources Division at the same organization from October 2019 to September 2023. Prior experience includes a role as Human Resources Manager at Agribank from January 2008 to October 2019 and earlier as a Human Resources Officer. Educational qualifications comprise a Master of Commerce in Management, a Bachelor of Social Science Honours in Human Resources Management and Services, and a Bachelor of Social Science in Psychology and Human Resources, all obtained from the University of KwaZulu-Natal between 2001 and 2006.
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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).