Retirement: Peter Zimunya

Mr Peter Zimunya will be retiring as CBZ Bank Managing Director effective 31 December 2021 after an illustrious career in banking spanning 42 years. Peter served his first 16 years with Standard Chartered Bank before joining CBZ Bank in 1995 and served for 26 years in various capacities including that of Chief Operating Officer. He was appointed as Managing Director in 2012, a position he served to date and was Acting Group Chief Executive Officer for CBZ Holdings Limited from May 2018 to June 2019.

The Board and Management wish him all the best in his well-deserved retirement. 


Appointment: Lawrence Nyazema

Mr Lawrence Nyazema has been appointed and will be taking over as CBZ Bank Managing Director effective 1 January 2022. Lawrence joined CBZ Bank as Executive Director – Wholesale Banking in January 2020. Prior to that, Lawrence spent 19 years with Barclays Bank now First Capital Bank in various capacities including being Commercial Director from April 2011 to January 2020 when he then joined CBZ Bank. He also spent 10 years at ZB Financial Holdings.

The Board and Management congratulate Lawrence on his appointment and wish him all the best in his new role.

By order of the board.