Press Release: The Association of Zimbabwe Offshore Financial Advisors
HARARE: Termstrides Investments t/a Carrick Wealth is excited to announce the establishment of the Association of Zimbabwe Offshore Financial Advisors (AZOFA) as at 9th February 2016.
The purposes of the Association will include inter alia engaging with the Securities & Exchange Commission of Zimbabwe (SECZIM) and the other relevant organisations.
The council is predominantly made up of individuals identified as key players in the industry, based on their experience and expertise to provide guidance to the Association.
The duly elected office bearers are as follows:
Chairman : Andrew Mhere (Termstrides Investments t/a Carrick Wealth Zimbabwe)
Vice-Chairman : Joe Levey (OFS Zimbabwe)
Treasurer : Chipo Chigumadzi (ProFinad Zimbabwe)
Secretary : Marcus Cambell-Reynolds (Advanced Wealth Solutions t/a VFS International
Why was it important to establish the AZOFA?
According to Mhere, Chairman of the newly formed AZOFA, one of the key objectives for AZOFA is to ensure fair and proportionate regulations for Members, and also provide clear, transparent and reliable guidance and support on the implications of changing regulations, as they apply to Members and their businesses.
“AZOFA provides a recognised central organisation for all Zimbabwe Offshore Financial Advisers in order to safeguard the interests of the investing community and promote the professional and ethical conduct of Financial Advisers” said Mhere.
The Association intends to assure the investing community of the existence of a class of Offshore Financial Advisers who can be relied on as being trustworthy and duly qualified to perform their duties.
Furthermore, the Association aims to watch over legislation affecting Offshore Financial Advisers, and to legitimately promote, support and assist the carrying into effect of any legislation with the objective of keeping the common good of members and the general public in mind.
What is the benefit of partnering with SECZIM?
“It is very important for the Association to engage as a partner with the Securities & Exchange Commission of Zimbabwe (SECZIM) and other relevant organisations to ensure fair and proportionate regulation for Members” said Mhere.
“This also provides clear, transparent and reliable guidance and support regarding the implications of changing regulations, as they apply to members and their businesses.”