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CBZ Managing Director Lawrence Nyazema has reflected on the bank’s significant milestones in 2024, highlighting corporate actions, restructuring, insurance cluster successes, agricultural financing advancements and notable financial inflows.
Nyazema was addressing journalists during a CBZ Holdings Media Cocktail held on Wednesday in Harare and he said CBZ maintained its 31.22% stake in First Mutual Holdings Limited (FMHL), aims to conclude group-wide restructuring by January 2025, partnered with Solid Risk Advisors for regional motor cover and Swiss Re for crop reinsurance, transformed agri-yield business to provide end-to-end services and Secured $115 million from three Development Financial Institutions (DFIs).
“We believe it has been a successful year and we look forward to 2025, eagerly executing some of the plans, our dream has not stopped, we are looking for other opportunities, not only in Zimbabwe, but in the region and indeed across the world.
We would want and are asking for your support in ensuring that the message of financial inclusion goes out there as widely and as far as possible.”
Nyazema expressed enthusiasm for 2025, citing plans to execute new strategies, deepen Zimbabwean presence and introduce CBZ brand regionally and globally.
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