Deposit Protection Corporation Zimbabwe | Protecting Your Deposits.

DEPOSIT PROTECTION CORPORATION

Protecting Your Deposits

Deposit Protection Corporation Zimbabwe on Facebook | www.facebook.com/dpczw Deposit Protection Corporation Zimbabwe on Twitter | @dpcczw | www.twitter.com/dpczw Deposit Protection Corporation Zimbabwe Youtube page.

Board of Directors

The Board is responsible for policy formulation which oversees the administration of the Deposit Protection Fund including the levying of contributions from contributory institutions and the payment of compensation to depositors in the event of insolvency of a contributory institution.

 

The Fund’s Board is committed to promoting depositor’s confidence in the banking system and to contributing to growth in stability and soundness in the financial sector. The Fund's Board works closely with the Bank Supervision Department of the Reserve Bank. In this regard, it supports bank exit procedures by giving the supervisor greater flexibility and freedom to let problem banks fail. In this regard, the DPC can be appointed  as the  liquidator or curator of an insolvent contributory institution in terms of section 37 of the Deposit Protection Corporation Act [Chapter 24:29] as read with section 57 of the Banking Act [Chapter 24:20].

 

The Board endeavours to review its procedures from time to time to ensure that they remain relevant and practical in a growing and complex financial system. The membership of the Fund is compulsory and includes all registered banking institutions and all building societies. The Fund derives its income from periodic contributions from its members, borrowings and investments.

 

The Board comprises of the following:

Deposit Protection Corporation Zimbabwe on Facebook | www.facebook.com/dpczw Deposit Protection Corporation Zimbabwe on Twitter | @dpcczw | www.twitter.com/dpczw Deposit Protection Corporation Zimbabwe Youtube page.
Subscribe Newsletter
Dr Mahlahla - Deposit Protection Corporation Acting Chairman

Dr S. Mahlahla

Acting Chairman

John Chikura | Deposit Protection Corporation Zimbabwe CEO
M. Takavarasha | Deposit Protection Corporation Zimbabwe Board Member
Deposit Protection Corporation Zimbabwe Board Member | Dr Charity Dhliwayo
Deposit Protection Corporation Zimbabwe Board Member | C. Nyakabau

Mr. John Mafungei Chikura

CEO - DPC

Mrs M. Takavarasha

Board member

Dr Charity L. Dhliwayo

Board member

Mr C. Nyakabau

Board member

Mrs V. Nyemba

Board member

 

 

Let's Get Social:

Deposit Protection Corporation Zimbabwe on Facebook | www.facebook.com/dpczw Deposit Protection Corporation Zimbabwe on Twitter | @dpcczw | www.twitter.com/dpczw Deposit Protection Corporation Zimbabwe Youtube page.

Operating Hours: Monday-Friday (8:00am - 4:30pm, GMT +2) | Closed on weekends and public holidays.

Copyright © 2016 Deposit Protection Corporation Zimbabwe. All rights reserved.