John Mushayavanhu

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Dr.

John Mushayavanhu
Picture of John Mushayavanhu
Dr. John Mushayavanhu
Reserve Bank of Zimbabwe Governor
Assumed office
28 March 2024
Preceded byJohn Mangudya
Personal details
Born
John Mangudya
ResidenceHarare, Zimbabwe
Occupation
  • Banker

John Mushayavanhu is the Reserve Bank of Zimbabwe governor. He succeeded John Mangudya on 28 March 2024. He is also a business executive and entrepreneur. Mushayavanhu owns 7% of FBC Holdings Limited through an investment company called Trent.

Before becoming RBZ governor, Mushayavanhu was business leader known mostly for his role as FBC Holdings Group Chief Executive Officer.

Education

Mushayavanhu has an MBA and a PhD in business administration.

Time at FBC

Mushayavanhu joined FBC Bank as an Executive Director in the Corporate Banking Division in October 1997. After FBC Holdings was established in 2004, he was appointed Deputy Group Chief Executive and Managing Director of FBC Bank. John was appointed Group Chief Executive of FBC Holdings in June 2011.

Becoming RBZ Govenor

On 08 December 2023, the Chief Secretary to the President and Cabinet, Martin Rushwaya announced that Mushayavanhu would become the Governor of the Reserve Bank of Zimbabwe when the incumbent, John Panonetsa Mangudya's 10-year term of office at the helm of the central bank ends on 30 April 2024.[1]

Mangudya has been reassigned to the controversial Mutapa Investment Fund, formerly known as the Sovereign Wealth Fund.

References

  1. Mnangagwa Appoints John Mushayavanhu As RBZ Governor, Pindula News, Published: 08 December 2023, Retrieved: 11 December 2023

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