President Mnangagwa Approves Appointment Of 6 Substantive Board Members Of Air Zimbabwe

1 year agoMon, 01 Aug 2022 15:41:57 GMT
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President Mnangagwa Approves Appointment Of 6 Substantive Board Members Of Air Zimbabwe

President Mnangagwa has approved the appointment of six people to be substantive board members of Air Zimbabwe, taking over from an interim board that was appointed a year ago.

The substantive board is chaired by Dr Silvano Gwarinda who holds a PhD in Air Transport and Tourism Management from the University of Westminster, London and has close to 40 years of working experience. 

He is deputised by Ms Ruth Raina Hungwe-Rukarwa, a business development specialist with vast strategic marketing experience.

The other board members are:

i). Former Air Zimbabwe chief executive officer Mr Edmund Murambiwa Makona, chartered financial analyst, banker, investment expert.

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ii). Commercial lawyer Mr Lawrence Simbarashe Musendekwa, registered legal practitioner who has worked in the aviation industry for years.

iii). Mr Ticharwa Garabga

iv). Ms Mucharemba Kahombe, an auditor and shareholder representative on the board.

The Herald reports that the seventh board member, a woman, will be appointed soon.

Transport and Infrastructural Development Minister Felix Mhona announced the appointment of the board today. He said:

It is my great honour and privilege, to preside over this meeting where we are witnessing the appointment of the substantive board of directors for the Air Zimbabwe (Pvt) Ltd.

The substantive board takes over from the interim board, exactly one year and 23 days since the day we appointed the interim board to take over the strategic leadership role of Air Zimbabwe from the administrator, Mr Reggie Saruchera of Grant Thornton on 8 July 2021.

As you are all aware, Air Zimbabwe was placed under Administration in terms of the Reconstruction of State-Indebted Insolvent Companies Act [Chapter 24:27] from 4 October 2018 to 30 June 2021. Mr Saruchera and his team implemented a scheme of reconstruction until 30 June 2021, whereupon we appointed the outgoing interim board on 8 July 2021.

Minister Mhona said air transport was playing an integral role in contributing towards the achievement of an Upper Middle-Income Economy by the year 2030.

He added that although the brand of Air Zimbabwe had been somewhat affected through the turbulence of yesteryear, they were not resting until the airline was fully revived and primed for a solid recovery trajectory.

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