Ronald Mutandagay, the Chief Executive Officer of Zimbabwe Bank (ZB) Financial Holdings Group, has gone on leave of absence from work, following a viral video that exposed him beating the wife.
The actions as recorded by his 16year old daughter, incited public opinion against him.
The board of the financial services group has however issued a statement with regards to the CEO actions and has this to say;
The board of directors of ZB Financial Holdings Limited has taken note of the social media communication relating to the Group Chief Executive Officer Mr. R. Mutandagayi which was published on the evening of 7 March 2021,” the banks said in a statement addressed to its customers.
“The matter in question is before the courts. In the meantime, Mr R. Mutandagayi has taken leave of absence from his duties while the board of directors of the group considers appropriate action on the matter.
“Stakeholders will be advised of any new developments as they arise.”