The Board of Directors of CBZ Holdings Limited is pleased to announce the appointment of Mr. Luxon Zembe as a Non-Executive Director and Acting Chairman of the Company, effective from 1 December 2023.

Luxon is a highly experienced business management consultant with over 30 years of expertise in Corporate Governance and Strategic Planning across various sectors. His financial sector experience includes serving on the Reserve Bank of Zimbabwe Advisory Board and Monetary Policy Committees, as well as holding executive positions at Standard Chartered Bank. Luxon has also held senior roles in manufacturing, mining, and retail sectors. He currently runs a management consulting business.

Luxon holds an MBA degree from Henley International Business School and is a Chartered Fellow of the Chartered Institute of Personnel Development (CIPD) (UK), among other qualifications.
In addition to his professional roles, he is involved in academic and consultancy work, serving as an adjunct lecturer at Solusi University and Zimbabwe Defense University, and as a senior consultant, mentor, and trainer for the Zimbabwe Institute of Directors. With his vast corporate experience, Luxon is adequately positioned to provide leadership in driving to completion the corporate actions currently underway in the Company.