Nssa to unveil new management

HARARE - The National Social Security Authority (Nssa) is expected to unveil its new executive-management team on July 01 amid indications that Elizabeth Chitiga is likely to head the organisation.

This also comes as Labour and Social Welfare minister Prisca Mupfumira has said a candidate for the top post had been identified, and only awaiting President Robert Mugabe’s consent.

Although Nssa board chairman Robin Vela would not be drawn into comment on Chitiga’s alleged appointment, he confirmed that an announcement would be made early next month.

“I don’t have (that information), but we are going to name the entire team of nine executives on July 01,” he said in a telephone interview with businessdaily.

The post of Nssa general manager  fell vacant when James Matiza and several other top directors were axed, in a shake-up meant to redirect operations after several investment-related scandals.

An economist by training, Chitiga is the ex-general manager and chief executive of the Minerals Marketing Corporation of Zimbabwe and,

While the former National Discount House chairwoman was unavailable for comment as she was said to be abroad, she is expected to drive Nssa’s new developmental thrust anchored in its building society and job creation initiatives.

Chitiga is also an ex-director of African Sun, Zim Alloys and Zimbabwe Platinum Mines.

With over $1 billion worth of investments, the statutory pension fund is the biggest institutional investor in Zimbabwe, but came under public criticism after losing millions of dollars following investments in questionable ventures, some of which have collapsed.

Matiza was fired together with Nssa’s investment director Shadreck Vera, finance director Patrick Mapani, corporate services director, Tendai Mafunda and Information and Communication Technology director Bright Chidyagwai.

It is understood that the national pension’s administrator received over 500 applications from interested candidates to fill the now-vacant management posts.

After Matiza's sacking, the Vela-led  board appointed Hashmon Matemera on an acting capacity, but the former BancABC boss was also shown the door last month.

Nssa’s director of benefits, Henry Chikova, is currently the acting general manager.

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