News / National
ICSAZ elects Lovemore Kadenge as its new president
18 Jun 2015 at 04:35hrs | Views
The Institute of Chartered Secretaries and Administrators in Zimbabwe has a new president. He is Zimbabwe Economics Society president Lovemore Kadenge.
Mr Kadenge, who was vice-president of the institute from 2014 to 2015 and from 2005 to 2009, was elected president at the institute's recent annual general meeting, replacing Mr Richard Summers, who had completed his term of office.
National Indigenisation and Economic Empowerment Board financial and management accountant George Mahembe and Sports and Recreation Commission director retired Colonel Charles Ringirirayi Nhemachena were elected vice presidents.
Mr Kadenge is an accomplished chartered secretary and administrator with extensive working experience spanning more than 10 years in the private sector and more than 25 years in humanitarian and development institutions at director and managerial level.
Speaking soon after his election as institute president, Mr Kadenge called on members of the institute to work hard to maximise the full potential of the companies they work for.
He said the training chartered secretaries receive, which includes governance, management, law, financial accounting and financial management, corporate administration, human capital development and corporate affairs management, equipped members well for high profile corporate responsibilities.
These include company secretarial, financial controlling, accountancy, administration, tax consultancy and human capital responsibilities at middle to senior management level.
"These skills can help us unlock a company's full potential, which will result in increased production and profits," he said.
"During my tenure as president of the institute I want in particular to promote company secretary work. Companies fail or succeed in the boardroom and our members, many of whom are company secretaries, must ensure that success is achieved.
"Our vast and diverse knowledge in company secretary, finance, administration, information communication technology and taxation work means we are a vital cog for those companies seeking growth and good corporate governance," he said.
He pointed out that the company secretary has the important task of assisting the board in its mandate of directing company strategy.
"The company secretary is the resource person for the company. He or she assists the chairman and the board and ensures that board papers are produced on time and are of good quality," he said.
He added that not everyone fully understood the role and importance of a company secretary. Some mistook company secretaries for the type of secretary who is an administrative or personal assistant.
"During my tenure I would like to ensure that all stakeholders fully understand the role of a company secretary and the important role that they play in driving the performance of the organisation.
"It is important for all stakeholders to know that company secretaries have a key corporate governance role to perform in pursuit of excellence for the companies they work for. They play a key role in board evaluation, in ensuring the right people are employed in the right positions and that all governance issues are fully embraced and implemented," he said.
He said there were no shortcuts to attaining the chartered secretary qualification. It required hard work. He urged those preparing for their final examinations to think in terms of creating jobs for themselves.
"Once qualified, think out of the box, create your own job opportunities and grow the cake that is shrinking," he said.
He went on to say that chartered secretaries in practice should continue to be outstanding and ethical. They should not succumb to temptations regardless of the current economic environment, he said.
Mr Kadenge holds a Master of Business Administration degree from the Eastern and Southern African Management Institute. Currently he is a PhD candidate specialising in Peace Building and Conflict Resolution at Da-Vinci University in South Africa, which is in collaboration with TRANS4M in the United States of America.
Among the organisations he has worked for are the Joint Monitoring and Implementation Committee (JOMIC) as national political liaison officer, Gibale Consultants as managing consultant, Zimbabwe Business Council on HIV & AIDS as the founding executive director, Zimbabwe College of Music as the deputy director - Finance and Administration and the SADCC Press Trust - Southern African Economist Magazine as the founding business manager.
He was also the chief accountant and company secretary at Central Film Laboratories (Private) Limited and worked as an accountant for Mashonaland Holdings Limited.
Mr Kadenge has served on several boards, including that of the Children's Performing Arts Workshop (CHIPAWO) and the Tripartite Advisory Board of SMARTWORK.
Currently he is the president of the Zimbabwe Chapter of the MBA Alumni Association of the Eastern and Southern African Management Institute (ESAMI).
Mr Kadenge, who was vice-president of the institute from 2014 to 2015 and from 2005 to 2009, was elected president at the institute's recent annual general meeting, replacing Mr Richard Summers, who had completed his term of office.
National Indigenisation and Economic Empowerment Board financial and management accountant George Mahembe and Sports and Recreation Commission director retired Colonel Charles Ringirirayi Nhemachena were elected vice presidents.
Mr Kadenge is an accomplished chartered secretary and administrator with extensive working experience spanning more than 10 years in the private sector and more than 25 years in humanitarian and development institutions at director and managerial level.
Speaking soon after his election as institute president, Mr Kadenge called on members of the institute to work hard to maximise the full potential of the companies they work for.
He said the training chartered secretaries receive, which includes governance, management, law, financial accounting and financial management, corporate administration, human capital development and corporate affairs management, equipped members well for high profile corporate responsibilities.
These include company secretarial, financial controlling, accountancy, administration, tax consultancy and human capital responsibilities at middle to senior management level.
"These skills can help us unlock a company's full potential, which will result in increased production and profits," he said.
"During my tenure as president of the institute I want in particular to promote company secretary work. Companies fail or succeed in the boardroom and our members, many of whom are company secretaries, must ensure that success is achieved.
"Our vast and diverse knowledge in company secretary, finance, administration, information communication technology and taxation work means we are a vital cog for those companies seeking growth and good corporate governance," he said.
He pointed out that the company secretary has the important task of assisting the board in its mandate of directing company strategy.
"The company secretary is the resource person for the company. He or she assists the chairman and the board and ensures that board papers are produced on time and are of good quality," he said.
"During my tenure I would like to ensure that all stakeholders fully understand the role of a company secretary and the important role that they play in driving the performance of the organisation.
"It is important for all stakeholders to know that company secretaries have a key corporate governance role to perform in pursuit of excellence for the companies they work for. They play a key role in board evaluation, in ensuring the right people are employed in the right positions and that all governance issues are fully embraced and implemented," he said.
He said there were no shortcuts to attaining the chartered secretary qualification. It required hard work. He urged those preparing for their final examinations to think in terms of creating jobs for themselves.
"Once qualified, think out of the box, create your own job opportunities and grow the cake that is shrinking," he said.
He went on to say that chartered secretaries in practice should continue to be outstanding and ethical. They should not succumb to temptations regardless of the current economic environment, he said.
Mr Kadenge holds a Master of Business Administration degree from the Eastern and Southern African Management Institute. Currently he is a PhD candidate specialising in Peace Building and Conflict Resolution at Da-Vinci University in South Africa, which is in collaboration with TRANS4M in the United States of America.
Among the organisations he has worked for are the Joint Monitoring and Implementation Committee (JOMIC) as national political liaison officer, Gibale Consultants as managing consultant, Zimbabwe Business Council on HIV & AIDS as the founding executive director, Zimbabwe College of Music as the deputy director - Finance and Administration and the SADCC Press Trust - Southern African Economist Magazine as the founding business manager.
He was also the chief accountant and company secretary at Central Film Laboratories (Private) Limited and worked as an accountant for Mashonaland Holdings Limited.
Mr Kadenge has served on several boards, including that of the Children's Performing Arts Workshop (CHIPAWO) and the Tripartite Advisory Board of SMARTWORK.
Currently he is the president of the Zimbabwe Chapter of the MBA Alumni Association of the Eastern and Southern African Management Institute (ESAMI).
Source - Consultants
