Zimnat Asset Management Company (Private) Limited is a wholly owned subsidiary of Zimnat Life Assurance Company Limited. The company was incorporated in 1998 as an investment arm of the Zimnat Group. The company started off as a department responsible for investing excess funds for Zimnat Life Assurance Company and Zimnat Lion Insurance Company, until a strategic decision was taken to register it as a separate legal entity, to conduct the business of Asset Management, Unit Trusts, Investment Advisory and Treasury.
ZAM commenced its Unit Trusts and Fund Management business in 2001 following receipt of an operating license from the Registrar of Collective Investment Schemes. Since then, ZAM has evolved into a reputable Asset Management Company managing the investment portfolios of significant number of pension funds, insurance companies and brokers, medical aid funds, small and large corporates, and private individuals.
Zimnat Asset Management’s board of directors comprises of:
Manhambara – (Chairman)
Nyajeka, Bothwell – Non-Executive Director
Mandaza D L - Non Executive Director
Mparutsa A A - Non Executive Director
A B Fisher - Managing Director