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CRDB Bank is a commercial bank in Tanzania. It was established in 1996 and is headquartered in Dar es Salaam. CRDB Bank offers a wide range of banking services, including personal and corporate banking, investment banking, and Islamic banking. The bank has a network of branches and ATMs across the country, and it also offers online banking services. CRDB Bank is one of the largest banks in Tanzania and is listed on the Dar es Salaam Stock Exchange.


Board Members Opportunities
CRDB Bank Tanzania

Dar es Salaam

Job Description

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Tanzania’s top commercial bank is CRDB Bank PLc. The Bank, which was founded in 1996, has prospered and expanded through the years to become the most cutting-edge and reputable Bank in the nation. When the Bank debuted on the Dar Es Salaam Stock Exchange on June 17, 2009, it achieved a significant milestone. Both CRDB Bank Burundi S.A. and CRDB Insurance Broker Limited are owned by CRDB Bank PLc.

The Board of Directors is accepting applications for two posts as Board Members to represent the group of Independent Directors elected by all shareholders from applicants who meet the necessary qualifications. BOARD MEMBERS

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A director is considered “independent” if they meet the following criteria: (a) they do not hold an executive or management position with the bank; (b) they do not directly or indirectly own more than 5% of the voting shares of the bank; and (c) they do not have any parent or subsidiary companies that are part of a consolidated group with the bank. (c) is not a family member of anyone who is, or has been, employed in an executive capacity by the bank or any of its subsidiaries for the previous three (3) years; (d) is not a professional advisor to the bank or any of its subsidiaries; and (e) is free from any business or other relationships that might appear to conflict with the bank’s or subsidiaries’ ability to carry out its business.

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The names of qualified candidates will be presented to the Annual General Meeting for election. ( https://crdb.tiny.us/MEMARTS )

Knowledge and Expertise Requirements
Candidates for Board of Directors posts in 2021 should be knowledgeable and skilled in the following academic fields, as per Section 5(2) of the Banking and Financial Institutions Act (Corporate Governance) Regulations: banking, finance, accounting, auditing, law, or economics.

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Skills Requirements

In light of the current composition of the board, market practice, technological advancements, and expansion of digital banking, the following skills are required for the Board of Directors Positions: Expertise in mergers and acquisitions, project financing, insurance, data science, cyber security, and law are all desirable. (BOARD MEMBERS)

Roles of Board of Directors

Establish the bank’s vision, mission, and values in order to maintain its continuity and legal existence.
To accomplish the vision and objective and assure the Bank’s survival and success, it is important to continuously review and assess its strategy.

The policies and goals that were created and approved with the managing director should be used to run the bank. Such goals and strategies should work to make sure that:

There are policies and processes in place to safeguard the Bank’s assets and standing;

The Bank complies with all applicable laws, rules, and standards of good conduct; and

The technology and systems employed by the Bank are sufficient for effectively managing the Bank and enabling it to compete by making effective use of its resources (assets, processes, and people).

Keep track of risk detection and management to increase long-term shareholder value.

Choose and appoint the Managing Director, to whom management of the Bank will be entrusted.

Regular performance reviews and evaluations by the Directors of the Managing Director are required.

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Anyone who wants to be elected as a Board member must submit an application letter, curriculum vitae, certified copies of all relevant diplomas and awards from their academic and professional careers, two passport-sized photos, certified copies of their passport’s last page, letters of recommendation from three references, and a statement of bank debt.

All candidates will receive notification that their applications have been received along with more information. The chosen candidate will hold office for a three-year term that is renewable. The deadline for applications is midnight on Tuesday, January 31, 2023.

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CRDB strongly encourages women to apply

The contact for communication is:

The Secretary

CRDB Bank PLc Headquarters

The plots 25 and 26 Barack Obama Road and Plot No. 21 of Ali Hassan Mwinyi Road

P O. Box 268,11101 Dar es Salaam, Tanzania

Tel. no. 022 – 2219566


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Ouanane Sellami Kocha mpya Simba SC

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