
Mathilda Dzumbunu
Internal Auditor

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About me
Reserve Bank of Zimbabwe Non Executive Director | Managing Director of Sapientis Advisory (Zimbabwe)
Education

Chartered Governance Institute of Zimbabwe
-Chartered Governance Professional
University of Zimbabwe
1981 - 1984Bachelor of Accountancy (Honours) Banking and Finance
University of Zimbabwe
-Master of Business Administration - MBA.webp)
Chartered Institute of Management Accountants (CIMA)
-Chartered Management Accountant
Experience

RM INSURANCE
Jan 1985 - Jan 1986Internal Auditor• As an internal Auditor, I gained extensive experience in the insurance sector and pension administration / management.

Chemplex Corporation Limited
Jan 1987 - Dec 1996Finance Controller | Internal Auditor• Chemplex Corporation is the largest Fertiliser Manufacturing Company in Zimbabwe. Its subsidiaries include Zimbabwe Fertiliser Corporation (ZFC) Limited, Zimbabwe Phosphate Industries (Zimphos) and the mining division under Dorowa Minerals. As the Financial Controller I was responsible for all financial policies and reporting for the various companies which were owned and managed by the Industrial Development Corporation (IDC).• As an Internal Auditor I was responsible for evaluation and monitoring of systems of internal control, audit planning, and reporting Show less

Merchant Bank of Central Africa
Jan 1997 - Dec 1999Finance Manager• As the Finance Manager, Mathilda was responsible for the Finance and Company Secretarial function of MBCA (now Nedbank).

Beverley Building Society
Jan 2000 - May 2006General Manager Finance• As the General Manager Finance, I was Head of the Finance Department, the Mortgages department, and the Treasury function within Beverley Building Society, now operating as CBZ Building Society. • I was also the Company Secretary/ Public Officer of the bank.

Blester Marketing & Consulting
Jun 2006 - Sept 2015Director• Provided consultancy and financial advisory services to small and medium sized businesses.• Established and managed businesses in farming, hardware, supermarkets, and fuel service stations in the Harare business centre.

St. Angela Academy High School
Jan 2015 - nowCo-founder / Chief Operations OfficerSt. Angela Academy, located in Borrowdale, Harare, is a private high school dedicated to providing a nurturing and personalised learning environment. With small class sizes, we offer tailored tuition across a range of subjects within the Cambridge curriculum, including Arts, Science, and Commerce from Forms 1 to 6. Our team of highly qualified and experienced teachers is committed to fostering academic excellence and holistic development. Throughout the academic journey, students benefit from computer-based learning to enhance their educational experience.Rooted in a passion for making a positive impact on children's lives, St. Angela Academy has evolved into a fully-fledged high school. Our vision extends to expanding our premises to accommodate both primary and secondary schools, furthering our mission to provide quality education.Guided by our motto, "Knowledge, Wisdom, and Integrity," we instill in our students the values of acquiring knowledge through research and reading, cultivating wisdom through critical thinking and prayerfulness, and prioritizing integrity in all their decisions and actions. Show less

People's Own Savings Bank
Sept 2015 - Sept 2019Chairman of the Board of DirectorsIn my capacity as Chairperson of the Board, I held a pivotal role in ensuring the board's effectiveness in executing the company's strategic vision. This involved fostering seamless communication between the board and senior management, thereby ensuring alignment with the interests of our valued shareholders. By serving as a liaison between these key stakeholders, I played a crucial part in upholding our responsibilities and commitments to all parties involved.• Board oversight and strategic leadership.• Member of the Audit and Finance Committee.• Member of the Human Resources and Governance CommitteePeople's Own Savings Bank (POSB) is a prominent savings institution in Zimbabwe, operating under the regulatory oversight of the Reserve Bank of Zimbabwe. Originally established in 1904 as the Post Office Savings Bank, its primary mandate was to mobilize savings for national development. Leveraging the extensive infrastructure of the postal network, the bank began its operations to serve the financial needs of the community. Show less

Aquamist Beverages Zimbabwe
Oct 2015 - nowChief Executive Officer | FounderEstablished Aquamist Beverages, a business in bottled water and soft drinks manufacturing, which grew organically from a Micro enterprise to a large entity over an eight-year period.Aquamist is a vibrant company that was awarded first prize in the Zimbabwe National Chamber of Commerce (ZNCC) Women in Business (WECA) awards in 2019.

Reserve Bank of Zimbabwe
Oct 2019 - nowDeputy Board ChairpersonThe Reserve Bank of Zimbabwe, headquartered in the capital city of Harare, serves as the central bank of the country. Charged with the crucial responsibility of formulating and implementing monetary policies, the Reserve Bank plays a pivotal role in shaping the nation's economic landscape.In my capacity as a non-executive director, I actively engage in board meetings where I contribute insights and expertise to strategic decision-making processes. My responsibilities include: • Providing valuable input on policy formulation and governance matters, thereby playing a vital role in driving the bank's overarching objectives forward.• Board oversight and corporate governance.• Chairman of the Banking Sector Stability Committee (for 2 years).• Chairman Audit Committee• Member of the Monetary Policy Committee (MPC)• Member of the Human Resources Committee Show less

Sapientis Advisory
Jan 2024 - nowManaging Director (Zimbabwe)Sapientis Advisory, a specialised business advisory firm within the Sapientis Group, specializes in providing tailored solutions in corporate governance, risk management, and finance. Our approach involves closely monitoring global trends in these areas to craft bespoke strategies that align with our clients' strategic objectives, empowering them to achieve optimal performance and long-term value.In my capacity as the Managing Director for the Zimbabwe business unit, my responsibilities encompass executing the company's strategic vision, overseeing daily business operations, and spearheading initiatives to drive revenue growth. I provide strategic leadership to grow the Sapientis brand in Zimbabwe, and execute advisory services to executives and board members of various organizations both in the private and public sectors, such that they can make informed decisions at executive, committee, and board meetings on all governance matters. As part of the Senior Management Team, this role entails offering governance advice and aiding in the continuous improvement of internal policies and procedures. Additionally, it involves cultivating relationships with public bodies, government entities, and relevant networks and stakeholders.Visit www.sapientisadvisory.com Show less
Licenses & Certifications

Chartered Governance and Accountancy Institute Zimbabwe (CGI)
Chartered Governance and Accountancy Institute Zimbabwe (CGI)
Chartered Governance Institute of Australia
Chartered Governance Institute of Australia
Registered Public Accountant and Auditor
Registered Public Accountants and Auditors Board.webp)
CIMA
Chartered Institute of Management Accountants (CIMA)
IoDSA
Institute of Directors South Africa.webp)
IoDZ
Institute of Directors Zimbabwe (IoDZ)
Volunteer Experience
Hospitality Committee Member (2022)
Issued by St. Joseph’s Church, Rosebury, Sydney, Australia
Associated with Mathilda DzumbunuAdvisory Board Member (2020)
Issued by Charles Lwanga Secondary School, Chiweshe
Associated with Mathilda DzumbunuBoard Member (2019)
Issued by Rockwood Centre under the Archdiocese of Harare
Associated with Mathilda DzumbunuChairperson (2017 - 2020)
Issued by St. Gerard’s Catholic Church (Mary Queen of Heaven) Guild
Associated with Mathilda DzumbunuChairperson (2015 - 2016)
Issued by St. Theresa Small Christian Community
Associated with Mathilda DzumbunuCentre Chairperson and Member (2010 - 2012)
Issued by St. Gerards Parish Council
Associated with Mathilda DzumbunuCommunity Development Volunteer
Issued by Tenya Foundation (NPO) on Jan 2022
Associated with Mathilda Dzumbunu
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