The people behind African Century Limited (ACL)

ACL has established a team of leasing professionals led by Stanley Matiza as Managing Director. Stanley is formerly Managing Director of the Leasing Company of Zimbabwe (LCZ) and more recently an executive director of ZABG.

Board Members

The Board is responsible for the direction and control of the company, including setting strategic direction, providing leadership, supervising management and reporting to shareholders. To this end the board has established various committees to assist it in discharging its duties. These committees are Audit Committee, Loans Review Committee, Assets and Liabilities Committee, Risk Management Committee and Remuneration Committee. The Board meets regularly to deliberate on matters pertaining to the running of the company.

The Board comprises of individuals of integrity with diverse business experience in various sectors of the economy. Their areas of expertise include legal, banking, accounting, industry and commerce and entrepreneurship. This enhances the quality of input in board oversight on the operations of ACL. The current board comprises of seven non-executive members and two executive members as below.

Victor Gapare
Chairman

Victor is currently the Chief Executive of GAT Investments (Pvt) Ltd. GAT Investments (Pvt) Ltd owns and operates Iron Duke Mine..

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Stanley Matiza
Managing Director

Stanley has had an extensive banking career spanning over 20 years, most of which were spent at ZB Bank, Leasing Company of Zimbabwe..

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Margret Chipunza
Chief Financial Officer

Margret is a Chartered Accountant having trained with Deloitte. She has over 17 years of experience in the financial services..

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Lawrence Tamayi
Non Executive Director

Lawrence Tamayi is an accomplished banking professional who has served several reputable banking institutions in various senior capacities.

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Chris Ringrose
Non-Executive Director

Chris Ringrose, a partner in African Century, joined the group at its inception in 2008. He is formerly of the corporate travel management..

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Jonathan Chenevix- Trench
Non Executice Director

Jonathan is the former chairman and CEO of Morgan Stanley International, where he spent over 23 years in a wide range of roles..

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Bhekithemba Ndebele
Non Executice Director

Themba is the Chief Executive Officer of Truworths Limited. Themba has vast appreciation of Zimbabwean industry, having been..

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Thembiwe Mazingi
Non-Executive Director

Thembiwe is a Legal Practitioner in private practice since January 1982 and currently partner in law firm, Coghlan, Welsh & Guest since 1989..

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Fungayi Mungoni
Non-Executive Director

Fungayi is the Investment Executive of Takura Ventures, a Zimbabwe focused private equity fund. Before joining Takura he was Chief Finance Officer..

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