Staff Writer
HARARE: The Deposit Protection Corporation (DPC) has announced the election of its Chief Executive Officer, Hopewell Zinyau, as the Vice-Chairman of the International Association of Deposit Insurers – Africa Regional Committee (IADI-ARC).
In a statement, DPC said the appointment marks a major milestone for Zimbabwe, underscoring the country’s growing role in shaping regional and global financial safety-net systems.
“It also reflects recognition of Mr Zinyau’s leadership, expertise, and commitment to strengthening deposit protection across Africa.
“The Africa Regional Committee serves as a key platform for deposit insurers on the continent to share knowledge, foster collaboration, and enhance deposit insurance frameworks.
“Through initiatives such as training, research, and policy guidance, the Committee plays a central role in advancing financial sector stability,” DPC said.
IADI-ARC is one of eight regional committees of the International Association of Deposit Insurers (IADI), which was established in 2002 and is headquartered at the Bank for International Settlements in Basel, Switzerland.
IADI has grown into a global standard setter for deposit insurance, working closely with international institutions such as the Basel Committee on Banking Supervision, the World Bank, and the International Monetary Fund. The Association currently represents over 100 deposit insurers worldwide.
“Mr Zinyau’s appointment enhances Zimbabwe’s profile in the international financial community, adding that his new role will contribute to advancing best practices and safeguarding depositor confidence across the African continent,”DPC concluded.
