“The Board of Rio Zim Limited wishes to announce the resignation of Mr Ashton S. Ndlovu as Chief Executive Officer of RioZim Limited,” said Elisha Mushayakara, chairman of the company’s board. “Mr Ndlovu has resigned to pursue personal business interests and his resignation is with effect from October 13 2014.”
Prior to joining RioZim, Ndlovu held various top corporate positions across Zimbabwe’s business sector including head of direct banking at Standard Chartered, general manager at Barco Chemicals, managing director of Schweppes Zimbabwe and chief executive officer of Drilling Resources Zimbabwe Ltd.
RioZim, a producer of gold, diamond, coal and copper, exited a strategic partnership with global mining giant Rio Tinto in 2004 to become a wholly owned Zimbabwean company.
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