Related: What is the purpose of the resistor on this MOSFET's drain?
This is a circuit taken from a TI reference design (http://www.ti.com/lit/df/tidr687/tidr687.pdf) to drive an LED matrix - it is used to switch on each row of the display in succession. The loads (the LEDs, driven by a current-sink driver), are attached at L15/L16.
From the related question, I can see the point of the 100 ohm resistor, but what benefit does the zener add?