Stanbic Bank Zimbabwe Limited has appointed Solomon Nyanhongo as its new chief executive effective 1
January, 2021.

Solomon takes over from Joshua Tapambgwa who leaves the Bank after 13 years of serving as chief executive.

Mr Nyanhongo joined Stanbic in 2003 as a Senior Manager, Finance. He was subsequently appointed Head of Finance and Chief Financial Officer in 2009, a position he has held until this appointment.

A Chartered Accountant, Solomon also holds a Masters in Business Administration (MBA) from Nottingham Trent University (UK). Bachelor of Accounting Science (Honours) from
University of South Africa (UNISA) and an Honours Accounting degree from the University of Zimbabwe (UZ).

Said chairman Gregory Sebborn:

“The Board of Directors takes this opportunity to express its sincere thanks and gratitude to the outgoing Chief Executive, Joshua Tapambgwa, for his 18 years of dedicated service and
for the astute leadership he exhibited throughout his role as CE of Stanbic Bank Zimbabwe Limited.

“Joshua leaves an indelible mark of distinction on Stanbic Bank, having steered the organization through some turbulent times in the economy and in the banking sector in particular.

“He leaves the Bank at the apex of the financial services industry in Zimbabwe
having been instrumental in achieving strong performances during his 13 years as Chief Executive.

“Please join us in congratulating Solomon as he assumes his challenging new position and we look forward to him continuing to drive growth and innovation in the Bank for the benefit of its many and varied customers.”

Solomon is married to Linda and they have four sons: James, John, Joseph and Jedidiah.