Padenga Holdings Limited | Directors - Padenga Holdings Limited


A Board of experienced professionals oversees the implementation of Padenga’s business strategy. The Board is composed of 8 directors, 5 of whom are non-executive. These include a cross section of professionals with credibility in their respective fields They are individuals with proven track records and a wide range of different skills and experiences, which they employ for the Company’s benefit, and who provide crucial independence and guidance in the Company’s strategic decision making processes and corporate governance practices.
Board meetings are held quarterly to review the performance of the Company and to deliberate on issues pertaining to company strategy and policy. The Board is responsible for the selection and appointment of the Chairman, Directors and the Chief Executive Officer, as well as for setting the remuneration packages of the Executive Directors.

The Board of Padenga Holdings Limited currently comprises:

Thembinkosi Nkosana Sibanda

Chairman (Appointed: 12 September 2018)
Previously – Non-Executive Director (Appointed to Padenga Board: November 2010)
Qualifications: B.Acc, Chartered Accountant

Themba graduated with a Bachelor of Accounting Honours Degree in 1978, and subsequently joined Barclays Bank of Botswana at its Head Office in Gaborone. In the early 1980’s he returned to Zimbabwe and joined the accounting profession. He completed his articles of clerkship in 1984, qualifying as a Chartered Accountant the same year. He has remained in the same profession since, and has worked in compliance and audit for the past 30 years.

Over the years Themba has served on the Board of several listed companies and local authorities, some of the most notable of which include Barclays Bank of Zimbabwe Limited, Steelnet Zimbabwe Limited, Fidelity Life Assurance Company of Zimbabwe Limited, City of Bulawayo Mayor’s Business Development Committee, to name a few.

Themba currently sits on various boards and mainly chairs the Board’s Audit Committees; these companies include Delta Corporation Limited, Innscor Africa Limited, PPC Zimbabwe Limited. He currently chairs the Board of Edgars Stores Zimbabwe Limited. Themba is also a trustee of the Mater Dei Hospital in Bulawayo, Masiyephambili Independent Schools, and Edward Ndlovu Memorial Library in Gwanda.

Gary Sharp

Chief Executive Officer (Appointed to Padenga Board: November 2010)
Qualifications: B.Sc.; M.Sc. (Tropical Resource Ecology)

Gary completed his tertiary education in Harare, being awarded a Bachelor of Science Degree in 1978 and then a Master of Science degree (Tropical Resource Ecology) by the University of Zimbabwe in 1982 whilst serving with the Department of National Parks and Wildlife Management as a Senior Ecologist. Gary spent five years of his service with the Wildlife Department in the Gonarezhou National Park where he was responsible for all ecological and research responsibilities as well as contributing to the overall management of the northern sub-region of the Park. Gary maintains a deep passion and interest in wildlife conservation despite no longer being in an active role.

In 1988 Gary joined the private sector being engaged by the Lonhro Zimbabwe Group to develop a wildlife utilisation programme on the extensive ranching properties owned by the Group. In line with this brief, he established Savannah Wildlife as the operating company incorporating an extensive domestic ostrich production operation; a consumptive and non-consumptive safari operation based out of Central Estates in the Midlands, plus sustained yield capture and cropping operations on the various Lonhro Zimbabwe Group ranches. These activities were conducted on seven properties totalling a quarter of a million hectares and managed primarily as extensive cattle production operations.

Gary joined Innscor in 2000 as Chief Executive Officer of their Niloticus Division, which incorporated at that time, the Ume and Kariba Farms only. In this capacity he has developed a team of top quality skilled and professional people that are the strength of the business today. Together with them, he has overseen the improvements and expansion to the current production levels and the standards of skin quality achieved today. The Niloticus Division unbundled from Innscor in November 2010 through a listing on the ZSE and Gary has continued to serve as Chief Executive Officer of the new entity renamed as Padenga Holdings Limited since that date.

Oliver Tendai Kamundimu

Chief Financial Officer (Appointed to Padenga Board: November 2010)
Qualifications: B.Acc, Chartered Accountant

Oliver graduated from the University of Zimbabwe with a Bachelor of Accountancy Honours degree in 1988. He served his articles of Clerkship with the then Coopers and Lybrand and qualified as a Chartered Accountant in 1992.

Between 1993 and 1997 Oliver worked for Lonhro Africa Limited where he assumed the role of Regional Audit Manager before accepting an appointment to join Manica Africa as Group Business Auditor for Southern Africa, a position he held until 1999. Oliver joined Innscor in 1999 and was tasked with setting up Innscor’s internal audit department before leaving to join First Mutual Zimbabwe in 2001 where he assumed the role of Finance Executive until 2004 when he again joined Innscor, but this time as the Financial Director of Niloticus Division.

Michael John Fowler

Executive Director (Appointed to Padenga Board: November 2010)

Mike has been involved with the companies that preceded Innscor since 1982 and has held a number of executive positions within the Innscor Group since his appointment as a Director in 1994, including a period during which he served as Group Chief Executive Officer. He currently sits on the Remuneration Committee of Innscor. At various stages he has been a Director of companies that previously constituted the Agro-Processing Division of Innscor (namely Niloticus Division and Colcom Holdings Limited), as well as National Foods Limited.

Annie Mutsa Mazvita Madzara

Non-Executive Director (Appointed to Padenga Board: November 2010)
Qualifications: Bsc in Ecology (Honours), Msc in Aquaculture, Pgrad Dipl. In Land and Agrarian Studies, PGrad Cert. in Business Management, Pgrad Dipl in Business Management, MBA.

Annie is an Environmental and Developmental Professional with 23 years of experience in the field, 13 of which have been in senior positions. Annie holds a natural and aquatic science qualification at Masters level, a business management degree and a development studies degree at Masters levels, in addition to relevant undergraduate and several post-graduate academic and professional qualifications. She has field and managerial experience from both the Public, Private and NGO sectors and is a Fellow for Leadership for Environment and Development (LEAD International).

Through her association with Parks and Wildlife Management Authority, the Sustainable Tourism Enterprises Promotion (STEP) Trust, and the Southern Alliance for Indigenous Resources (SAFIRE) and through her engagements with many stakeholders Anne has developed skills in the commercialization of natural biological resources and natural resources governance issues. She has provided meaningful direction during the commercialization of the PWLMA where she held the role of Commercial Director.

Through her various professional interactions she has contributed towards the realisation of goals for the many individuals, teams, institutions and clients she has served. Annie has successfully upheld the ethics of doing business, sustainable conservation and gender equality. She also sits on the Board of Allied Timbers Zimbabwe and SAFIRE.

Mr J.C.P. Caraguel

Non-Executive Director (Appointed to Padenga Board: 14 March 2018)

Mr Caraguel is a French citizen with a Master of Economics degree from the University of Toulouse, France. He has worked in the leather trade his entire career and has recently retired following a thirteen-year period as the Purchasing Director of Exotic Skins for top tier tanneries supplying the premium luxury brands. He serves on the board of other crocodilian farming operations both in Australia and the USA and is a founding member and member of the board of the International Crocodilian Farmers Association. He brings a wealth of experience about meeting the expectations of the high end quality skin market.

Sternford Moyo

Non-Executive Director (Appointed to Padenga Board: 1 May 2019)
Qualifications: BL (Hons) and LLB (Distinction) Legal Practitioner, Conveyancer and Notary Public.

Sternford Moyo graduated with a Bachelor of Law and a Bachelor of Laws degrees from the University of Zimbabwe. He joined Scanlen and Holderness in December 1981. He specializes in Mining, Corporate and Commercial Law.

He is, among other positions held, a former President of the Law Society of Zimbabwe, former President of the SADC Lawyers Association, former Chairman of the African Regional Forum of the International Bar Association, former Chairperson of the Human Rights Institute of the International Bar Association and former Chairperson of Stanbic Bank Zimbabwe Limited.

Currently, Sternford is Senior Partner of Scanlen & Holderness, Chairman of Schweppes Zimbabwe Limited and Director of PPC Zimbabwe Limited, WorselyParsons Zimbabwe (Pvt) Ltd and Alpha Media Holdings Limited. He is also a Trustee of the Johannesburg based Southern Africa Litigation Centre, Malilangwe Conservancy and the London based EyeWitness Trust.



Eve is one of the most senior female Chartered Accountants in the country. She has worked for a number of companies, including Delta Corporation Limited, Star Africa Corporation Limited and African Consolidated Resources Limited, as Chief Financial Officer. She sits on the Boards of Schweppes Holdings Africa Limited, Standard Chartered Bank Zimbabwe Limited, First Mutual Holdings Limited and First Mutual Properties Limited and chairs their respective Board Audit Committees.

She brings a wealth of auditing and finance knowledge to our Board.