Ex-RBZ economist lands NSSA top job

4 August 2016

Chitiga fills the post that has been vacant since October last year when NSSA fired then general manager James Matiza and four other executives for corporate excesses.

Emmerson Mungwariri joins the group as chief finance and operations officer, Herbert Hungwe (chief investment officer), Chikuni Mutiswa (chief strategic assets officer), Kura Chihota (chief property investment officer, Henry Chikova (chief social security officer), Barnabas Matongera (chief contributions, collections and compliance officer and Betty Nyereyegona who is the chief occupational, health & safety and rehabilitation centre officer.

NSSA board chairman Robin Vela yesterday told journalists that the restructuring of the institution has seen the investments arm split into three—property, money markets and strategic investments—meant to unlock value to the pensioners.



An ex-RBZ economist, Chitiga has chaired a number of boards in the public and private sectors. Mungwariri holds senior positions in the mining sector. Hungwe was poached from Econet Wireless, where he was in charge of Corporate Finance.

Mutiswa has more than 15 years’ experience gained in investing in Zimbabwe and global markets. Chihota boasts of more than 20 years’ experience in property investment, management and asset management in Zimbabwe, South Africa and Botswana Chikova, Matongera and Nyereyegona were part of the old executive.

NSSA board chairman Robin Vela said the new executive team has diverse experience in high level management and would provide the necessary leadership to drive NSSA’s transformation.

‘They also have demonstrable track records that will stand them in good stead for their new roles,” he said.

Vela said the new executive team was balanced in terms of gender, age and experience.

The executive team is on a three-year performance driven contracts that demand deliverables.

Public Service, Labour and Social Welfare minister Priscah Mupfumira said she was looking forward to the restructured NSSA to deliver on its mandate.

“We look forward for you to deliver benefits to pensioners. Do not let us down,” she said.

Work is cut out for the new team to restore the reputation of the authority. A report by Deloitte showed that NSSA could have lost over $300 million total investment portfolio due to market volatility, bad deals and mismanagement of public funds.

News Day