HARARE, Mar. 31 (NewsDay Live) – The late former People’s Own Savings Bank (POSB) chief executive officer, Admore Kandlela, who died last week, was buried at Glen Forest Cemetery in Harare last Friday.
The banking community gathered to honour and celebrate the life of Kandlela, who was credited with turning around the fortunes of POSB from a mere postal savings bank to a successful commercial bank.
His tenure at POSB began in October 2003, and he retired in October 2022 after nearly two decades.
“Mr Kandlela's contributions extend far beyond the walls of POSB. He leaves behind an enduring legacy that has profoundly impacted the entire Zimbabwean financial services sector. Our nation, and the banking industry in particular, has lost a visionary leader, a man of unwavering principle, known for his adherence to policy, respect for authority, and keen analytical mind. His influence is a source of inspiration, a beacon guiding us forward,” Kandlela's successor Garainashe Changunda told mourners at the burial.
Under Kandlela's guidance, POSB achieved significant milestones, including the establishment of a comprehensive network of service centres across all provinces, the creation of an extensive agency network, and the integration of modern technologies and digital platforms.
His visionary leadership helped POSB become a leading provider of sustainable and impactful financial services in Zimbabwe.
"His presence resonated with warmth and wisdom, fostering a spirit of unity and purpose. "We feel the deep pain of our hearts,” Changaunda said.
“His legacy of innovation, integrity, and compassion will continue to resonate in the hearts and minds of those who knew him and his visionary leadership and unwavering dedication will inspire ongoing efforts to transform POSB and effectively serve its stakeholders.”
- POSB launches forex remittance service
- Top guns sign off with $2,4 billion windfall..Dairibord, POSB shareholders pampered
- POSB appoints new CEO
- Former POSB CEO Kandlela buried
Keep Reading
Kandlela is survived by his wife, Kudakwashe, and son, Admore Junior.
