Rutendo Magorimbo

Rutendo Magorimbo

Rutendo is a Visionary results-driven business leader with over 20 years’ experience in the financial services industry.
She holds a BSc (hon) in actuarial mathematics and statistics from Heriot Watt University (Scotland), an MBA from the University of Capetown’s Graduate School of Business and is a Fellow of the Institute and Faculty of Actuaries (UK).

Rutendo is the current Managing Director of Old Mutual Life Assurance Company Zimbabwe. Prior to this she has held various roles within the Old Mutual group which include:
General Manager for the Life Assurance Company in Zimbabwe
Chief Risk Officer for Old Mutual Africa Holdings where she had risk and compliance oversight over the 13 countries on the African continent (excluding South Africa) where Old Mutual has operations.
Head of Strategy and Reporting for the Old Mutual Zimbabwe group
Actuarial Executive for the Zimbabwe Life Assurance Company.
She was named amongst the Top 50 Inspirational Women on Boards and in Business in 2020/2021, received an achievement award from the 2021 Zimbabwe Independent Insurance survey.
She is the immediate past Chairperson of the Zimbabwe Association of Pension Funds and sits on the board of Governors for Chisipite Senior School and CIMAS.
Rutendo has been at the forefront of pioneering initiatives aimed at reshaping the financial services ecosystem. She has played a pivotal role in advocating for sustainable pension schemes and financial inclusivity. Rutendo continues to inspire and empower fellow actuaries and risk professionals to harness emerging technologies and collaboration, ensuring long-term stability in Zimbabwe’s financial landscape.

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