Press Release

Press Release

Exchange Control

Disclaimer

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Educational Resources

Human Resources & Administration

The Human Resources and Admistration Division comprises of the following Departments in support of the Bank Strategy:

 HR Department

The Human Resources Department provides strategic sourcing through talent acquisition, talent development and performance management and reward management. The focus is on enhancing employee experience for productivity enhancement. It also looks into the Strategic Industrial Relations, Staff Welfare to the Bank. Safety, Health and Environment and Quality (SHEQ) is part of the Human Resources deliverables and core to that is Staff Wellness.

Technical Services

Manages the facilities and logistics functions of the Bank and creates advantage for strategic execution. The Technical Services department handles the mechanical, electrical and electronic engineering aspects of the Bank.  The department ensure reliability of systems and safety of staff members. This creates the right environment for the effective execution of results by all staff.

Security Services

As implied in the name, the department ensures physical security of the Bank’s asset be they fixed or in transit as well as access control for the Bank.

The Division is there to provide strategic support to the Bank Units and ensure achievement of strategic objectives.

Executive Management

  1. Dr. John  Mushayavanhu, Governor 
  2. Dr. Jesimen T. Chipika, Deputy Governor
  3. Dr. Innocent Matshe, Deputy Governor 
  4. Dr. Moris B. Mpofu, Executive Assistant/ Advisor to 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. Joseph Mverecha, Director Policy & Strategy
  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 ICT, Innovation Hub & Fintech's 

Monetary Policy Committee

  1. Dr John Mushayavanhu, Governor & Chairman  
  2. Dr Jesiman T. Chipika, Deputy Governor
  3. Dr Innocent Matshe, Deputy Governor 
  4. Prof Albert Makochekanwa
  5. Mr Persistence Elison Gwanyanya
  6. Prof Daniel Makina
  7. Dr Charity C. Jinya 
  8. Mrs Mathilda Dzumbunu
  9. Prof Ashok Chakravarti

National Payment Systems

Economic Research

The Economic Research & Policy Division is charged with the responsibility of undertaking macroeconomic research, providing advice and formulating policies designed at ensuring price and financial stability in the economy and promoting general economic growth. To enable the effective and efficient discharge of this responsibility, the Division is sub-divided into the following three specialized areas, which are interdependent.

  • Domestic Statistics & Analysis;
  • International Economics; and 
  • Policy Research, Modelling & Publications.

Domestic Statistics Department

Domestic Statistics & Analysis Department is charged with the responsibility of compiling, collecting, analyzing and disseminating domestic statistics, covering key national macroeconomic indicators, including national accounts, inflation, monetary and financial statistics. The Department also undertakes research with specific emphasis on the real, monetary and financial sectors of the economy.


International Economics Department

The International Economics Department is responsible, among other tasks, for the compilation, analysis and forecasting of the country’s external sector statistics, notably, Balance of Payments and International Investment Position statistics. This includes data compilation and analysis on foreign reserves, merchandise trade, exchange rate dynamics, international commodity prices and external debt.

In addition, the Department monitors and analyses regional and international developments, identifying key risks and opportunities to the domestic economy. The Department also provides support to the Bank’s regional and international engagements and initiatives, as well as general policy advice on external sector issues.


Policy Research, Modelling and Publications Department

The main functions of the Policy Research, Modelling and Publications Department include undertaking strong analytical and empirical research in macroeconomic issues, for use in policy-formulation and advice. The Department also oversees the regular production of the Bank's publications, which are the main avenues for the dissemination of economic information to various stakeholders. Further, the Department is responsible for developing and managing the macroeconomic forecasting models, with the aim of providing policy-makers in both private and public sectors with reliable projections.