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Old Mutual CEO Sam Matsekete Urges Human-Centric Financial Leadership Amid Rapid Technological Change

Old Mutual Zimbabwe Group CEO, Sam Matsekete, has emphasized the urgent need to align financial leadership with human-centric values and sustainability as the world navigates the dawn of the Fifth Industrial Revolution. Speaking at the recent Africa University Career Fair in Mutare, Matsekete highlighted how technological advancement is reshaping not only business practices but the very fabric of human life.

In his address titled “Financial Leadership in a Technologically Advanced Economy: Navigating Change and Driving Business Sustainability”, Matsekete acknowledged that while the finance sector is evolving rapidly, its core principles remain constant—maximizing returns, minimizing risks, and ensuring financial wellness.

“It’s not just about accumulating wealth; it’s about managing resources effectively to achieve peace of mind and long-term stability,” he said.

Drawing from years of experience in the financial services sector, Matsekete noted that leadership in finance now requires more than just asset management. “It’s about harnessing technology to create innovative solutions that meet the needs of a rapidly changing world. As we move forward, the synergy between technology and humanity is critical,” he added, stressing that services must remain accessible and designed with human experiences in mind.

He also emphasized the importance of adaptability and innovation in staying ahead of technological disruption, calling for a renewed focus on skills development across the financial sector. “The demand for diverse expertise is growing. Today’s financial professionals must be tech-savvy, data-driven, and equipped to solve complex problems in a digital world,” Matsekete stated.

In his address, the Old Mutual CEO highlighted the company’s ongoing investment in youth empowerment and innovation, notably through its Eight2Five Innovation Hub. This platform supports entrepreneurs, startups, and creatives with co-working spaces, mentorship, and networking opportunities, reinforcing Old Mutual’s dedication to economic and social transformation in Zimbabwe.

“By participating in events like the Africa University Career Fair, Old Mutual aims to inspire young Zimbabweans to pursue careers that contribute to both their personal growth and the development of the country,” Matsekete said.

He also underscored the growing importance of ethical considerations and sustainability in finance. “Sustainability must be at the heart of our business practices. We need to ensure that financial projects are evaluated with a long-term perspective, especially considering climate change and other global challenges,” he urged.

Matsekete’s vision advocates for a financial future that is both innovative and responsible, where economic progress aligns with social well-being and environmental stewardship.

Other speakers at the career fair included notable academics and leaders such as Professor Rudo Makunike Mutasa, Professor Dr. Obert Jiri, Reverend Prof. Peter Mageto, and Dr. Elizabeth Rutsate. Their collective insights contributed to a vibrant dialogue about shaping a resilient and forward-looking professional landscape in Zimbabwe.

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