Published: 16 July 2013

NSSA has completed the reconstitution of its board members seconded to chair three of its subsidiaries following a resolution by the State-owned entity to push for the appointment of independent directors.

Last year, NSSA resolved that the chairpersons seconded by the firm had to step down by June 30 to pave way for new independent board chairpersons in line with best practices.

Joseph Kanyekanye stepped down as board chair of RTG and Capital Bank on Tuesday and was replaced by John Chikura and Onisai Machiridza respectively.

However, he will remain as an ordinary board member of the two companies. Innocent Chagonda stepped down as First Mutual Holdings board chair last month.
- newsday

You might also want to read this

• NSSA finds investor for Beitbridge hotel
• NSSA in door to door business inspection
• NSSA boss 'swindles' pensioners
• Detectives raid NSSA
• Ex-NSSA boss in court over $78m housing deals
• NSSA sues Bulawayo firm for $122 500 rental arrears
• New twist to NSSA corruption storm
• NSSA to re-open Beitbridge hotel
• NSSA bars Vela, ex-CEO Chitiga
• Fired NSSA boss bares all