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Equity Group Appoints Mushosho as Its Non-Executive Director

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Nyakundi Report

Newsroom 2 min read

This archive report was first published on 3 September 2021.

On September 3, 2021, Equity Group Holdings Plc announced the appointment of Jonas Mushosho as a Non-Executive Director to its board, following the retirement of Christopher Newson.

Mushosho brings a wealth of broad executive leadership experience, having led multi-national portfolios in different lines of business, particularly in financial services.

He served as the Chief Executive Officer at Old Mutual Zimbabwe Limited between 2012 and 2019, and also doubled up as the Managing Director for Old Mutual Rest of Africa, overseeing strategy implementation, stakeholder management, and investment performance management across 12 countries.

Currently, Mushosho is a Director at Brooks and Oracle, a council member at Zimbabwe Open University, and serves as a non-executive director at Delta Corporation.

Equity Group Chairman Prof Isaac Macharia welcomed Mushosho to the board, saying, "We are delighted to bring on board Jonas as a new Non-Executive Director to the Group board. He brings a wealth of broad executive leadership experience in leading strategy implementation in a multi-national environment, which will be key as we seek to strengthen our regional subsidiaries."

For his part, Mushosho said, "I am thrilled to be joining the board at a time when the company has reached the Kes 1.12 trillion total assets base and is focused on strengthening its regional business."

Mushosho holds a Bachelor of Accounting Science from the University of South Africa, a Bachelor’s Degree in Accounting and an MBA from the University of Zimbabwe, and has postgraduate qualifications from the University of Cape Town, Graduate School of Business, London Business School, and Harvard Business School among others.

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