The Exchange Control Division’s mission is primarily to implement and administer Exchange Control regulations under the powers conferred to the Reserve Bank of Zimbabwe by the President under Section 2 of Exchange Control Act. To this end, the overall objectives of Exchange Control Division include:- 

  • Implementing exchange control policies and overseeing the administration of Exchange Control regulations.
  • Licencing and ensuring compliance by Authorised Dealers, Money Transfer Agencies and Bureaux De Change with Exchange Control regulations.
  • Collecting foreign trade data, performing descriptive and prescriptive analytics, and communicating the resultant insights to stakeholders.
  • Fighting illicit financial flows and ensuring that the country receives value for its exports.
  • Prevent or redress any adverse balance of payments situation by channelling limited foreign exchange resources to the productive and critical sectors of the economy.
  1. Dr. John  Mushayavanhu, Governor 
  2. Dr. Jesimen T. Chipika, Deputy Governor
  3. Dr. Innocent Matshe, Deputy Governor 
  4. Dr. Moris B. Mpofu, Chief of Staff - Office of the Governor 
  5. Dr. Nebson Mupunga, Director Economic Research, Modelling & Policy
  6. Mr. Azvinandaa Saburi, Director Banking Operations & Currency Management  
  7. Mr. Farai Masendu, Director Financial Surveillance
  8. Mrs. Virginia Sithole, Bank Secretary & Director, General Counsel  
  9. Mr. Philip T. Madamombe, Director Banking Supervision, Surveillance & Financial Stability
  10. Mr. Cleopas Chiketa, Director Human Resources
  11. Mr. Willie Nakunyada, Director Strategy, Policy & External Affairs
  12. Mrs. Melody Harry, Director Corporate Affairs
  13. Mr. Never Nyemudzo, Director Finance, Assets & Stores Management
  14. Mr. Ernest Matiza, Director Financial Markets
  15. Dr. Tayengwa Chitauro, Director Capital Flows Administration & Management
  16. Mr. Clever Haparari, Director Information Technology & Fintech Innovation
  17. Mr. Kasanda Sibanda, General Manager, Bulawayo Regional Office (BRO)
  18. Mrs. Masekeni L. Chiwaka, Head, Internal Audit
  19. Mr. Cloudius Garwi, Head, Group Security & Loss Control
  20. Mr. Ndumiso Moyo, Head, Risk Management Unit 
  21. Ms. Easyway Nyamukunda, Head, Procurement Management Unit

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  1. External Statistics