The Mining Industry Pension Fund (MIPF) has announced the early retirement of its long-serving Principal Officer and Chief Executive, Ms. Kwanele Gatsheni Ndlovu, effective 31st May 2025.
In a notice released to stakeholders, MIPF Board Chairperson Ms. Clara Sadomba paid tribute to Ms. Ndlovu who is stepping down after an illustrious 25-year career with the Fund.
“The Board would like to express its gratitude to Ms. Ndlovu for her dedicated service and invaluable contributions to the Fund during her twenty-five (25) year tenure at the Fund,” Sadomba said.
The Board Chair credited Ms. Ndlovu with leading key strategic developments at MIPF, including the launch of the Assisted Member Mortgage Scheme, which has enabled many pensioners to access affordable housing, and the opening of satellite offices to improve services for pensioners and members in remote areas of Zimbabwe.
Ms. Sadomba also noted that the outgoing CEO’s tenure saw the restructuring of the Fund and the successful implementation of a modern pensions administration system, a development that has been hailed as a turning point in improving efficiency and transparency at MIPF.
Following Ms. Ndlovu’s departure, the Fund’s Deputy Principal Officer (Legal and Operations), Mr. Laurence Tafadzwa Karumazondo, has been appointed as Acting Principal Officer pending the recruitment of a substantive Principal Officer, according to the notice.
Looking ahead, the Board says it is re-evaluating and repurposing the Fund’s long-term vision.
“The Board has undertaken a review of the Fund’s strategic direction and will work to position the organisation more robustly to deliver on its long-term mandate of securing dignified retirement for its members,” reads the statement.
Key focus areas under the new direction will include enhanced value creation and strengthening operational resilience amid a dynamic economic and regulatory landscape.
