Tagarira, previously with the Zimbabwe Allied Banking Group, left banking in March last year to pursue farming activities.
He assumed his new post this week, though it is yet to be approved by the Reserve Bank of Zimbabwe.
Tagarira becomes the third managing director at the bank in just three years.
The Reserve Bank last year declared CFX's management unfit and improper to work in any banking institution in Zimbabwe or sit on any banking institution board for the next five years after new serialised banknotes issued to the bank were found on the illegal parallel market prior to the date of launch.
Post published in: Mining