Board Of Trustees
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- Board Of Trustees
Subject to the provisions of the Pensions and Provident Funds Act and the Fund’s Rules, the sole responsibility for the management of the Fund shall be vested in the Board of Trustees whose address shall be at the registered office of the Fund. The Board of Trustees shall consist of nine (9) persons who shall hold office for a period of at most five years and will be eligible for re-election subject to a maximum of two terms. Of the eight trustees, the participating employers must elect four trustees two of whom shall be independent and the other four should be elected by the employees and pensioners and two of whom shall also be independent. The elected Trustees shall not be members of National Employment Council of Construction Industry in Zimbabwe. The Board of Trustees shall be led by an independent Chairperson who will have been appointed by Board of Trustees of the Fund.
The CIPF Board of Trustees mandate among other duties is to:
- Ensure that there are proper internal controls which are adhered by or on behalf of the Board
- Ensure proper record keeping and management of the Fund
- Ensure that the Rules and regulations of the Fund comply with the Pensions and Provident Funds Act.
- Ensure that there is proper information dissemination to all members of CIPF concerning their rights, duties and benefits in terms of the CIPF Rules
- Ensure that pension contributions are remitted timeously to the Fund in terms of the Pensions and Provident Funds Act.
- Ensure prudent investment of the fund’s resources for the benefit of the membership.
Obert J Z Sibanda
Obert re-joined the Construction Industry Pension Fund (CIPF) Board of Trustees during the last quarter of 2013. He is an Employer Trustee and has over 30 years’ experience in the industry. He is the Vice Board Chairperson, Chairperson of the Risk Committee, and is a member of the Audit and Compliance Committee. He is currently the Chief Executive Officer of Reliance Holdings Incorporated.
Ramson M. Nherera
Engineer Nherera is an Employer Trustee and joined the Board of Trustees in March, 2014. He is a member of the Investments Committee. EngNherera is a Civil Engineer having graduated at the University of Zimbabwe in 1992 and has over 20 years of experience in the Construction industry. He is a Director with Mak Bokano Construction. He is the President of Zimbabwe Building Contractors Association (ZBCA). Eng Nherera has presided over numerous construction projects over the years both as an employee and as an entrepreneur.
Maka Noel Mutasa
Noel is the founder and Chairman of Global Shopfitters Zimbabwe. He is a Chartered Accountant and is the Chairperson of the Investment Committee and a member of the Risk Committee. He sits on the boards of several private enterprises.
Fozert Mugabe
Forzert is an Employee Trustee and is ZCATWU Deputy Secretary General. She is the Chairperson of the Remuneration Committee and is also a member of the Risk Committee of the Board. Forzert joined the construction sector in 1981 as an employee of the Trade Union and rose through the ranks to her current post.
Enjula Mpofu
Enjulas is an Employee Trustee and is the Chairperson of the Audit & Compliance Committee of the board. Other posts she held include Chairperson – Women’s Affairs and Treasurer. Mpofu also sat in the ZCTU Women’s Advisory Council (WAC). She is employed by J&F Contractors.
Phanuel Makuwaza
Phanuel is an Employee Trustee and is the President of ZCATWU. He is a member of the Investment Committees of the Board. Makuwaza is based in Mutare where works for AEO Construction. He has over 30 years experience in the construction sector.
Engineer Ephraim Gwindingwi
Ephraim is a holder of Masters in Business Administration, Bachelor of Technology (Hons) Civil Engineering and a Post Graduate Diploma in Project Management. He is a member of the Engineering Council of Zimbabwe and also a Corporate Member of the Zimbabwe Institute of Engineers. Currently, he is the Managing Director of EG Construction since 2001 having worked for Bitumen Construction Services from 1990 to 1991 as a Site Engineer, then Gulliver Consolidated from 1991 to 1995, Stocks & Stocks Zimbabwe, from 1996 to 2000. He was involved in various construction projects such as Mteri Dam, Seke Dam, Selebi-Phikwe pipeline in Botswana, Bak Storage Container Depot and Biri Dam. Ephraim is married with two children.
Mr. Gidion Magaramombe
Gidion is a holder of M.Sc. Industrial Relations and Personnel Management, B.Sc. Economics-Upper Class Honours (Majoring in Industrial Relations) and Certificate for Distance Education Practitioners). He is a Senior Lecturer at Zimbabwe Open University (ZOU) Faculty of Commerce & Law and has over 35 years’ experience in area of people management in private, parastatal and educational sectors as practitioner, trainer and lecturer. Once worked as an Assistant Personnel Officer, Principal IR Officer, Chief IR Officer, Chief Recruitment Officer, Manager IR & Employee Welfare and was the Dean of Faculty (Commerce & Law at ZOU) 2003-2008. Gidion has lectured at ZOU, Bindura University of Science Education and University of Zimbabwe. In addition, he has supervised over 100 MBA dissertations and extensive experience in module writing for both under-graduate and post-graduate students at ZOU, did research works and published articles in Zimbabwean professional journals-(Human Resources Management, Labour Relations Information Service, Management News) and in the Business Herald.
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