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| Mark Mabhudhu |
Felix
Matasva
MUTARE- The
Zimbabwe Consolidated Diamond Company (ZCDC)’s board of directors have
appointed Mark Mabhudhu as its new Chief Executive Officer (CEO) following the
resignation of Robert De Pretto in September.
In a press statement dated September 25, ZCDC said that
Mabhudhu’s appointment was aimed at turning around and transforming the
prospects of the company.
“The board of directors of ZCDC (Pvt) Ltd wishes to
announce the appointment of Mark Mabhudhu as the substantive CEO of the diamond
company effective from September 21, 2020.
“His appointment is in line with the need to rebuild public
and market confidence as well as attain organisational stability,” said
ZCDC.
Sources claim that De Preto resigned citing too much political
interference in the execution of his duties.
ZCDC saw the resignation of two CEO’s within a short span of
time with Killian Ukama also calling it a day before the appointment of De
Preto.
Mabhudhu is an experienced metallurgist who has been working
on technical and managerial positions for over 28 years across the entire
diamond value chain locally and internationally.
Mabhudhu is also a former Acting CEO of both Marange
Resources (Pvt) Ltd and also ZCDC (Pvt) Ltd in 2015.
He also worked for local and international platinum and gold
mining corporations.
ZCDC’s board of directors welcomed Mabhudhu back into the
organisation saying his vast experience is key to unlocking sustainable diamond
value for Zimbabwe.
“Mabhudhu’s vast experience characterised by strong
geographical mobility is certainly of significance to ZCDC as the organisation
moves towards turning around its fortunes in order to regain its position in
unlocking sustainable diamond value in Zimbabwe.
“He rejoins the organisation at a time the company is
navigating through difficult times in the wake of the Covid-19 pandemic,”
said ZCDC.
