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Zimbabwe’s Richest Man Strive Masiyiwa Fires Steward Bank CEO Over Misuse Of Foreign Currency

In a surprising move, Steward Bank is reported to have fired its chief executive officer (CEO) Lance Mambondiani after 4 years at the helm.

Zimlive reports that Strive Masiyiwa the founder of Econet Wireless made the call to fire Mambondiani following allegations of mismanagement of foreign currency.

Mambondiani is said to have tendered his resignation on Friday after he was asked to do so. Financial Director  Kris Chirairo has been appointed acting CEO.

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