The Role of Transfer Secretaries, Custody & Trustees
Zimbabwe’s capital markets are anchored not only on trading activity but on strong post-trade systems that safeguard investor interests. In a recent discussion, Mr. Robert Mutakwa, Managing Director of ZB Transfer Secretaries, highlighted how Transfer Secretarial, Custodial, and Trustee Services form the backbone of a resilient financial ecosystem.
A Foundation of Shareholder Integrity
Zimbabwe’s capital markets are anchored not only on trading activity but on strong post-trade systems that safeguard investor interests. In a recent discussion, Mr. Robert Mutakwa, Managing Director of ZB Transfer Secretaries, highlighted how Transfer Secretarial, Custodial, and Trustee Services form the backbone of a resilient financial ecosystem.
Safekeeping Through Custodial Services
Custodial Services strengthen investor confidence by safeguarding securities, both physical and electronic, under fully segregated nominee structures. This separation reduces counterparty risk and ensures a secure, traceable chain of ownership. Custodians also manage settlement, income collection, corporate action, and reporting, creating a trustworthy environment for institutional and retail investors.
Independent Oversight Through Trustee Services
Trustee Services provides independent oversight for debt instruments and collective investment schemes. Trustees enforce trust deed covenants, monitor financial ratios, ensure pledged security is perfected, and represent investors in cases of default. This fiduciary role protects investor interests and enhances market discipline.
An Integrated Risk-Management Framework
Combined, these three services form a cohesive post-trade risk-management structure. Within ZB, they operate as an integrated solution, ensuring accurate ownership records, secure asset custody, and independent oversight. This synergy reduces operational and counterparty risk, supporting a stronger and more credible capital market environment.
