Nkosana Moyo

Nkosana Moyo was born in what was then Belingwe now Mberengwa, Rhodesia. He earned an MBA from Cranfield School of Management, Cranfield University in the UK and a PhD in Physics from Imperial College (University of London).  His early career was in academic and later moved to commerce and industry sector where he spent six years before transferring his services to financial sector.[7] He served as Managing Director of Standard Chartered Merchant Bank in Zimbabwe and rose to the position of Regional Head of Corporate Banking - Africa, based in London overseeing 14 African countries.  Moyo served as Managing Director and Country Head of Standard Chartered Bank in Tanzania. He served at the International Finance Corporation of the World Bank as an Associate Director, based in Washington, with responsibility for all SMEs operations in Africa.  In 2004, he joined an equity firm, Actis operating in Africa, Asia and Latin as a Managing Partner and was the Advisor on Africa.[8] Between March 2009 and August 2011, Moyo was Vice-President and Chief Operating Officer, African Development Bank.[9]

In 2000, President Robert Mugabe appointed Moyo into his cabinet as Minister of Industry and International Trade. While in this position, he criticised the ruling ZANU-PF policies and voluntarily tendered his resignation letter to President Mugabe from South Africa via fax to avoid possible confrontation with Mugabe in 2001.[1] After receiving the letter, President Mugabe reportedly labelled him a "coward" and "spineless" and further remarked “I do not want ministers who are in the habit of running away. I want those I can call amadoda sibili (real men), people with spine. Our revolution . . . was not fought by cowards. If some of you are getting weak-kneed, tell us and we will continue with the struggle”.[7]