FORMER Ministry of Finance and Economic Development permanent secretary Nicholas Ncube has been appointed deputy governor for development and economic research at the Reserv
e Bank of Zimbabwe (RBZ).
Ncube had worked in the Finance ministry with Simba Makoni and Herbert Murerwa before his new post.
He joins Edward Mashiringwani who has been appointed deputy governor for banking operations and national payments systems.
Mashiringwani was director for economic research.
Also promoted is Charity Dhliwayo who is now deputy governor in the central bank’s licensing, supervision and surveillance, exchange control and anti-money laundering division.
Before her recent appointment Dhliwayo was deputy director for the central bank’s supervision and surveillance department.
Earlier this year RBZ governor Gideon Gono embarked on a major restructuring exercise, which resulted in the creation of new posts such as that of the economic advisor in the governor’s office.
The central bank restructuring which was undertaken in February resulted in the bank realigning 37 senior officials most of them divisional directors.
However, after the much-publicised realignment none of the retrenchment has since taken place three months after it was conducted.
Before joining the Ministry of Finance and Economic Development, Ncube was chief executive officer of the Zimbabwe Investment Centre.
Under the new RBZ organogram, the central bank is supposed to have a leaner structure comprising of deputy governors, chief executive officers and division chiefs.