Institute of Chartered Secretaries and Administrators in Zimbabwe (ICSAZ)
THE INSTITUTE The Institute of Chartered Secretaries and Administrators was originally founded in England in October 1891 and was known as the Institute of Secretaries. In 1902 it was granted its Royal Charter and became the Chartered Institute of Secretaries. The name has since been changed to The Institute of Chartered Secretaries and Administrators to more fully describe the status and capabilities of the members. In 1909 the first branch to be established outside the United Kingdom was formed in South Africa and in 1957 it became the Southern Africa Division. Zimbabwe was part of the Southern Africa Division until January 1992, when it was granted its autonomy as an independent territory with a seat on the International Council. Today, there are divisions in South Africa, Australia, Canada, New Zealand, Hong Kong, Malaysia, Singapore and Zimbabwe.
The Institute in Zimbabwe was incorporated on 1st January 1971 by an Act of Parliament through the Chartered Secretaries (Pvt) Act, which generally prescribes the operations of the Institute in Zimbabwe, status of its members, relationship with Government and world at large. The local incorporation does not affect the membership status of the Zimbabwe Chartered Secretary. The examination standards and the criteria for membership are the same as those that apply elsewhere in the world. Accordingly success in the Zimbabwe Institute’s examinations is widely recognized and membership of this Institute confers simultaneous membership of the international body.
The Institute is the professional home of members with a high level of competence in business administration, general management, accounting, company secretaryship, taxation and corporate governance. Membership of the Institute is widely recognized internationally and is held in high esteen in the world business community. Members occupy senior positions in the private and public business sectors.
There are two classes of members of the Institute, i.e. Fellows and Associates. All qualified members of the Institute are entitled to describe themselves as Chartered Secretaries and use the designatory letters, FCIS or ACIS as appropriate. Fellowship is the senior grade of membership. Another grade, Grad ICSA comprises those who have successfully completed the examinations but have not yet gained sufficient qualifying service for Associateship.
Today there are more than 40 000 qualified Chartered Secretaries throughout the world of whom over 1 400 are in Zimbabwe. Of the more than 25 000 registered students more than 5 000 are in Zimbabwe. Members (i.e. Fellows or Associates) of the Institute are not confined only to serving limited liability companies. The members are also working in a variety of organizations such as agricultural, marketing, industrial development, electrical transport undertakings, government departments, incorporated associations, trade associations, universities, banks, building societies, insurance companies and all the countless organizations in the world. In Zimbabwe Chartered Secretaries are also eligible for registration with the Public Accountants and Auditors Board as Public Accountants and once registered may use the designatory letters RPAcc(Z) after their names. Application for registration is made through the Institute.
The object for which the Institute is established and incorporated is the promotion and advancement of the efficient administration of commerce, industry and public affairs by the continued development of the study and practice of secretaryship and administration of companies and other bodies” Article 4, ICSA Royal Charter.
GOALS AND OBJECTIVES
To provide a platform for the sharing of knowledge, ideas and experience relevant to the Profession of Chartered Secretaryship;
To make representations on behalf of the profession as a cohesive body to governments, government agencies, regulators and other such bodies;
To raise the profile of the Profession through increased awareness of the contribution made by Chartered Secretaries in all types of organizations;
To qualify people as Chartered Secretaries in accordance with a comprehensive and relevant scheme of examination, practical experience and continuing professional development;
To create and develop opportunities to introduce the profession of Chartered Secretaryship to all organizations and to those countries where the Institute does not currently have a presence;
To set and promulgate standards of excellence in propriety and best practice in the profession.
The holding of conferences and seminars for the discussion of professional subjects.;
The exercise through the disciplinary committee of professional supervision over the membership and action as necessary to promote and safeguard the professional standing of the Institute’s members;
Representation of members’ collective interests and recommendations submitted by the Institute to Government departments and other appropriate bodies on matters such as company law and practice, and a wide range of other subjects;
The conduct of examinations for membership and the award of prizes;