{"id":63238,"date":"2022-07-23T17:57:35","date_gmt":"2022-07-23T15:57:35","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/retired-dairibord-ceo-mandiwanza-to-be-replaced-by-second-wife-report"},"modified":"2022-07-23T20:14:48","modified_gmt":"2022-07-23T18:14:48","slug":"retired-dairibord-ceo-mandiwanza-to-be-replaced-by-second-wife-report","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/retired-dairibord-ceo-mandiwanza-to-be-replaced-by-second-wife-report","title":{"rendered":"Retired Dairibord CEO Mandiwanza To Be Replaced By \u2018Second Wife\u2019 | Report"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Zimbabwe. <\/strong><\/span>Retired Dairibord Holdings Limited group chief executive officer Anthony Mandiwanza has reportedly handpicked his second wife Mercy Ndoro to take over his position, a report by Nehanda Radio claims.<\/p>\n<p>Mandiwanza is retiring from Dairiboard with effect from 30 September 2022 after serving the company for 43 years.<\/p>\n<p>He is being accused of nepotism and violating corporate governance principles by pushing for the appointment of his alleged second wife.<\/p>\n<p>A statement attributed to Dairibord shareholder and former Institute of Directors board member Engineer Jacob Kudzayi Mutisi reads:<\/p>\n<p>We are the only country where shareholders are taken for fools. How in the world can a board allow the appointment of the former CEO\u2019s second wife?<\/p>\n<p>Anthony Mandiwanza has appointed his second wife Mercy Ndoro as the CEO for Dairiboard Zimbabwe which is an act of nepotism and misconduct according to corporate governance rules.<\/p>\n<p>The strategy is simple Anthony is going to appoint himself as the chairman.<\/p>\n<p>As a former board member and chairman of the Institute of Directors (IODZ), the home of corporate governance Anthony should know better that these kinds of appointments are illegal.<\/p>\n<p>As a shareholder, I am requesting a response from the board on why it is allowing such an illegal decision to be made.<\/p>\n<p>Such decisions are usually taken by a board that is tainted. Dairibord is not a family business.<\/p>\n<p>It is a listed institution which should adhere to corporate governance and this kind of action does not reflect respect for the rules.<\/p>\n<p>I am hereby requesting that the Zimbabwe Stock Exchange investigate this and charge the board of Dairibord with misconduct.<\/p>\n<p>Board members should respect corporate governance and adhere to the rules.<\/p>\n<p><b>Nehanda Radio<\/b><\/p>\n<p>reported that Mutisi confirmed writing the statement in an interview with the Express Mail Zim. Mutisi was quoted as saying:<\/p>\n<p>Yes, I can confirm that I did write that and I do not regret it. I am a law-abiding citizen and need answers from Anthony.<\/p>\n<p>Where do we go as a nation if we have such violations of corporate governance rules?<\/p>\n<p>He arm twists the board by providing unlimited fuel to board members, he captures them.<\/p>\n<p>If he so wishes he can challenge me if he disputes raising children with Ndoro.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/zimbabwe\">Zimbabwe<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Zimbabwe. Retired Dairibord Holdings Limited group chief executive officer Anthony Mandiwanza has reportedly handpicked his second wife Mercy Ndoro to take over his position, a report by Nehanda Radio claims. Mandiwanza is retiring from Dairiboard with effect from 30 September 2022 after serving the company for 43 years. He is being accused of [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":63237,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,7,35,15],"tags":[1493,2189,10950,10949,6405,10948,10947,19],"class_list":{"0":"post-63238","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-files","9":"category-homepage-english","10":"category-twitter","11":"tag-africa-press","12":"tag-africa-press-zimbabwe-2","13":"tag-anthony-mandiwanza","14":"tag-dairiboard","15":"tag-dairibord-holdings","16":"tag-dairibord-holdings-limited","17":"tag-mercy-ndoro","18":"tag-zimbabwe"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Retired Dairibord CEO Mandiwanza To Be Replaced By \u2018Second Wife\u2019 | Report - zimbabwe<\/title>\n<meta name=\"description\" content=\"Retired Dairibord Holdings Limited group chief executive officer Anthony Mandiwanza has reportedly handpicked his second ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/retired-dairibord-ceo-mandiwanza-to-be-replaced-by-second-wife-report\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Retired Dairibord CEO Mandiwanza To Be Replaced By \u2018Second Wife\u2019 | Report\" \/>\n<meta property=\"og:description\" content=\"Retired Dairibord Holdings Limited group chief executive officer Anthony Mandiwanza has reportedly handpicked his second ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/retired-dairibord-ceo-mandiwanza-to-be-replaced-by-second-wife-report\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-23T15:57:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-23T18:14:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/07\/postQueueImg_21-62dc3a7ba273d.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"768\" \/>\n\t<meta property=\"og:image:height\" content=\"429\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/retired-dairibord-ceo-mandiwanza-to-be-replaced-by-second-wife-report\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/retired-dairibord-ceo-mandiwanza-to-be-replaced-by-second-wife-report\",\"name\":\"Retired Dairibord CEO Mandiwanza To Be Replaced By \u2018Second Wife\u2019 | Report - 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