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National Building Society Limited (NBS) has an opportunity for a suitably qualified and experienced individual to join the organization as Managing Director. The role is responsible for providing strategic leadership and executive management to ensure the achievement of the Society’s mandate, business objectives, financial sustainability, and shareholder expectations. Reporting to the Board of Directors, the successful candidate will be responsible for the following key accountabilities:
Job Summary
- Type: full-time
- Location: Harare
- Category: Management
- Closing Date: 2026-06-14
Key Responsibilities
- Leads the development and implementation of the Society’s strategy to achieve brand vision and maximize shareholder value.
- Leads the development and implementation of annual business plans with the objective of profitably delivering on the mission statement and preserving value.
- Ensures that the business is appropriately organized and staffed to achieve its vision and strategy.
- Assesses the principal risks of the business and ensures that these are monitored and managed.
- Ensures that effective internal controls and management information systems are in place. Ensures that the institution conducts all its business activities lawfully and ethically.
- Ensures that NBS maintains high standards of corporate citizenship and social responsibility wherever it does business.
- Keeps abreast of market and industry trends and external factors affecting the business and ensures that processes and systems are in place to understand and manage these.
- Reviews and reports to the Board quarterly and annually, the performance levels against the agreed business plan, budget and other KPIs and benchmarks
- Encourages employee engagement and motivation.
- Encourages employees to conduct their activities in accordance with all applicable laws and the institution’s standards and policies.
- Builds trusting relations with key partners and stakeholders.
Requirements
- Bachelors Degree in Business Management, Finance, Economics or related field will be an added advantage
- Post graduate qualification in Business Administration, Finance, Economics, Banking, Strategy or related field will be an added advantage
- At least 5 years of proven executive leadership experience in a commercial entity is essential for success in this role. Familiarity with various business functions such as finance, e-commerce, sales, credit, marketing, HR, risk and compliance
- Excellent leadership skills; strong entrepreneurial business acumen; resilience; and the ability to operate effectively in a highly regulated environment. Demonstrated ability to drive innovation, digital transformation and customer centric growth strategies
- In-depth knowledge of corporate governance, project management (especially housing development), banking, mortgages, and public procurement is essential. Working knowledge of the Public Entities Corporate Governance Act will be an added advantage.
How to Apply
Submit Your CV To [email protected]
Register your profile @www.headhunters.co.zw
Register your profile @www.headhunters.co.zw
About the Company
National Building Society Limited (NBS) is a Zimbabwean financial institution established in 2015 with a primary mandate to address the critical housing shortage in the country, particularly through the provision of affordable housing solutions. Beyond its housing focus, NBS offers a comprehensive suite of banking products and services, including mortgages, savings accounts, and transactional banking, catering to individuals and businesses across Zimbabwe. As a key player in Zimbabwe's financial sector, NBS is owned by the National Social Security Authority (NSSA), reinforcing its commitment to national development and social welfare. The society actively contributes to economic growth by fostering financial inclusion and supporting sustainable community development initiatives throughout Zimbabwe.
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Frequently Asked Questions
What are the essential qualifications, certifications, and experience needed for a Managing Director position at a financial institution like NBS in Zimbabwe?
Typically, a master's degree in business, finance, or a related field, coupled with professional certifications like ACCA, CIMA, or a banking diploma, is highly desirable. Extensive senior management experience (10+ years) within the Zimbabwean financial services sector, particularly in banking or building societies, is crucial, demonstrating a strong track record of strategic leadership and regulatory compliance.
What are the core day-to-day responsibilities and strategic expectations for a Managing Director at a Zimbabwean Building Society?
The role involves overall strategic leadership, driving business growth, ensuring financial stability, and maintaining regulatory compliance with bodies like the Reserve Bank of Zimbabwe. Day-to-day tasks include overseeing operations, managing stakeholder relationships, fostering innovation, and steering the organization towards its long-term objectives amidst the dynamic Zimbabwean economic landscape.
How does the local work culture and regulatory environment in Zimbabwe impact the role of a Managing Director, and what leadership style is typically expected?
Zimbabwean work culture often values respect, strong interpersonal relationships, and resilience, requiring a leader who can navigate complex economic conditions and regulatory frameworks effectively. A collaborative yet decisive leadership style is often preferred, one that empowers local teams while also demonstrating strong governance and adaptability to unique market challenges.
What are the realistic career progression or growth paths for a Managing Director in the Zimbabwean financial services sector?
While Managing Director is a pinnacle role, progression can involve moving to larger, more complex financial institutions or even regional leadership positions within Southern Africa. Other paths include board directorships, consulting for financial sector entities, or taking on advisory roles focusing on economic development and financial inclusion within Zimbabwe.
What typical benefits package can a Managing Director expect in a senior executive role within a Zimbabwean financial institution?
A comprehensive benefits package typically includes generous annual leave, robust medical aid coverage for the executive and family, and a substantial pension contribution scheme. Other common perks often include a company vehicle, housing allowance, performance-based bonuses, and professional development opportunities tailored to senior leadership.