BOARD OF TRUSTEES
The Fund is administered for contributing members in the Construction Industry in Zimbabwe by appointed Trustees made up of equal representatives of employees and employers in the sector. There is a secretariat in place which runs the day to day operations 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 shall 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:
1. Ensure that there are proper internal control which are adhered by or on behalf of the Board
2. Ensure proper record keeping and management of the Fund
3. Ensure that the Rules and regulations of the Fund comply with the Pensions and Provident Funds Act.
4. Ensure that there is proper information dissemination to all members of CIPF concerning their rights, duties and benefits in terms of the CIPF Rules
5. Ensure that pension contributions are remitted timeously to the Fund in terms of the Pensions and Provident Funds Act.
- Acting Board CHAIRPERSON, 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 Acting Board Chairperson and is a member of the Audit and Compliance Committee. He is currently the Chief Executive Officer of Reliance Holdings Incorporated. He is the President of Zimbabwe Building Contractors Association (ZBCA).
- 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 Investment Committee of the Board. Forzertjoined the construction sector in 1981 as an employee of the Trade Union and rose through the ranks to her current post.
- 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. He sits on the boards of several private enterprises.
- Enjula Mpofu
Enjula is an Employee Trustee and is the Chairperson of the Audit & Compliance Committee of the board. Enjula is the President of ZCATWU and also sits on the National Employment Council for the Construction Industry Board. She joined ZCATWU in 1987 as part of the rank and file, and rose through the ranks to be the current President of ZCATWU. 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 Vice President of ZCATWU as well as a councillor of the NEC. He is a member of both the Investment and Remuneration Committees of the Board. Makuwaza is based in Mutare where works for AEO Construction. He has over 30 years experience in the construction sector.
- Paul Phiri
Paul is an Employee Trustee. He is a member of the Audit and Compliance Committee. Paul is the ZCATWU Chairperson for Matabeleland Region. He is employed by Marios Joinery in Bulawayo and has nearly 20 years experience in the construction industry.
- 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 Mutual Construction and is the second Vice President of ZBCA, a position he has held from 2007. Eng Nherera has presided over numerous construction projects over the years both as an employee and as an entrepreneur.
