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| CRDB Bank Plc |
Background
leading Financial Services Provider in Tanzania with current presence in
Tanzania and Burundi, East Africa. The Bank was established in 1996 and
was listed on The Dar Es Salaam Stock exchange (DSE) in June 2009.
Over
the years, CRDB Bank has grown to become the most innovative and
preferred financial services partner in the region. Supported by a
robust portfolio and uniquely tailored products, CRDB Bank remains the
most responsive bank in the region.
We are a collection of individuals who believe in excellence. We are
always on the look out for fresh talent and we hiring people who have
the drive to succeed and the will to implement the discipline required
to succeed. We focus on nurturing our team and providing our team with
an environment that is conductive to creative thought.
CRDB
Bank PLc is a leading commercial bank in Tanzania. Established in 1996,
the Bank has grown and prospered over the years to become the most
innovative and trusted Bank in the country. The Bank attained an
important milestone when it was listed on the Dar Es Salaam Stock
Exchange on 17th of June, 2009. CRDB Bank PLc owns two subsidiary
companies – CRDB Bank Burundi S.A. and CRDB Insurance Broker Limited.
The
Board of Directors invites applications from suitably qualified
candidates to fill two positions of Board Members to represent the group
of Independent Director elected by all shareholders.
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“Independent
Director” means a director who- (a) does not hold any executive or
management position in the bank; (b) does not have, directly or
indirectly, a significant interest in the bank including any parent or
subsidiary in a consolidated group with the bank; “Significant interest”
means a holding of five percent or more of the voting shares of the
bank (c) has not been employed by the bank or its subsidiaries of which
he currently forms part in any executive capacity for the preceding
three (3) years; (d) is not a member of the family of an individual who
is, or has been in any of the past three years, employed by the bank or
its subsidiaries in an executive capacity; (e) is not a professional
advisor to the bank or its subsidiaries ; (f) is free from any business
or other relationship which seems to interfere with the individual’s
capacity to act in an independent manner; and (g) does not receive
remuneration contingent upon the performance of the bank as defined in
the Banking and Financial Institutions (Internal Control and Internal
Audit) Regulations 2014;
The names of qualified candidates will be presented to the Annual General Meeting for election. ( https://crdb.tiny.us/MEMARTS )
Recommended:
Expertise and Knowledge Requirements
In
line with Section 5(2) of the Banking and Financial Institutions Act
(Corporate Governance) Regulations, 2021 candidates for the Board of
Directors positions should have the expertise and knowledge in the
following academia: Banking; or Finance; or Accounting; or Auditing; or
Law; or Economics.
Skills Requirements
The following
abilities are necessary for the Board of Directors Positions in light of
the present board makeup, market practice, technical changes, and
growth in digital banking: Insurance Expert, Project Financing as well
as mergers and acquisitions skills, Data Science, Cyber Security and
Lawyers.
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Roles of Board of Directors
- Determine the Bank’s vision, mission and values aimed at providing continuity and legal existence of the Bank.
- Continuously
monitor and evaluate the Bank’s strategy to achieve the vision and
mission and ensure the Bank survives and thrives. - Govern the
Bank by broad policies and objectives, formulated and agreed with
Managing Director. Such policies and objectives shall aim at ensuring
that:
– procedures and practices are in place to protect the Bank’s Assets and reputation;
– the Bank complies with all relevant laws, regulations and codes of best practices; and
–
the technology and systems used in the Bank are adequate to properly
run the Bank for it to compete through efficient use of its assets,
processes and human resources. - Monitor risk identification and its management so as to enhance shareholder value in the long run.
- Select
and appoint the Managing Director to whom the responsibility of
managing the Bank shall be delegated. The Directors shall review and
evaluate the Managing Director’s performance regularly.
NEW TANZANIAN JOBS, INTERNSHIPS AND VOLUNTEERING OPPORTUNITIES 2023 (1,475 POSTS)
Mode of Application
Any
person who wishes to be elected as Board member must submit an
application letter, curriculum vitae, certified copies of relevant
academic and professional certificates and awards, two passport size
photographs, certified copies of the last page of their passports, and
letters of recommendation from 3 references and declaration of
indebtedness to banks.
Notification of receipt of application and
other details will be sent to all applicants upon receipt of the
applications. Successful candidate will serve for a term of 3 years
which is eligible for renewal. Applications must be received by 00 p.m.
on Tuesday, 31st January, 2023.
CRDB strongly encourages women to apply
The contact for communication is:
The Secretary
CRDB Bank PLc Headquarters
Plot No 25 and 26 Ali Hassan Mwinyi Road & Plot No. 21 Barack Obama Road
P O. Box 268,11101 Dar es Salaam, Tanzania
Tel. no. 022 – 2219566
E-mail – shares_unit@crdbbank.co.tz
