Mr Farai Masendu works for the Reserve Bank of Zimbabwe as Director of Exchange Control. He has gained experience in trade and investment issues and is a trained fellow in the area of Monitoring and Analysis of Private Capital. He holds a Masters in Finance and Investment from the National University of Science and Technology (NUST), as well as a Masters in Economics and Bachelors in Economics from the University of Zimbabwe. He is also an Associate Member of the Institute of Bankers of Zimbabwe (IOBZ).
Farai Masendu – Board Chairman
Fradreck Kunaka – Board Member
BSc Hons Eng. [Met] (UZ); MSc Str. Mgmt. [CUT]; Dip HRM [IPMZ]; EDP [UZ]
Fradreck is the current General Manager of Fidelity Printers and Refiners (Pvt.) Ltd. He has over 27 years of experience in metals extraction operations covering base metals concentration and refining, platinum group metals concentration, gold milling and refining, project management, research and development and consultancy. Prior to joining Fidelity Printers and Refiners (Pvt) Ltd, he worked for Anglo American Plc, Mimosa Platinum Mine and received training on gold processing at Western Australian Gold Refinery in Perth, Australia.
Of the more than 27 years’ experience, 10 were spent at middle management level and the balance at senior management level.
- Current President of the Association of African Banknotes and Security Document Printers [2018 to 2020].
- Member – Institute of Directors Zimbabwe
- Member – CEO Roundtable
- Non-Executive Board Member – Aurex (Pvt.) Ltd
- Non-Executive Board Member – Watershed College
Philip Tapera Madamombe - Non-Executive Director
BBS Hons (UZ); Executive MBA (NUST); Associate IOBZ
Philip Madamombe is the current Acting Director in Bank Supervision Division at the Reserve Bank of Zimbabwe (RBZ). He has worked for the Reserve Bank of Zimbabwe (RBZ) for 31 years in various capacities principally responsible for monitoring and assessing the safety and soundness of banking institutions; fostering and maintaining financial stability; planning, coordinating and monitoring of supervisory activities; developing proactive prudential supervisory frameworks; prompt detection of potential and actual problems; enforcing compliance with relevant laws and regulations. During his professional career, Philip also dealt with issues including licensing and supervision of banking institutions, problem bank resolution & market stabilisation, regulation & supervision of Non-bank financial institutions, risk management and Corporate Governance. He is part of a Core Team spearheading implementation of the National Financial Inclusion Strategy and Sustainability initiatives. Philip brings his wealth of knowledge and experience to Aurex (Pvt) Ltd.