INDEPENDENT DIRECTOR (1 POSITION) @ MWALIMU COMMERCIAL BANK PLC
Mwalimu Commercial Bank PLC (MCB) is a public limited liability company established under the Companies Act and licensed to conduct banking business by the Bank of Tanzania since 2016. The bank operates with branches in Dar Es Salaam and has 11 service centers across the country. MCB is currently seeking a highly qualified individual to fill the position of Independent Director on its Board of Directors to provide strategic leadership and oversight. The successful candidate will be responsible for ensuring the bank maintains high standards of corporate governance and financial integrity. Applicants must be prepared for a rigorous selection process including voting at the Annual General Meeting and final approval by the Bank of Tanzania. The role involves contributing to the bank's strategic direction, monitoring financial performance, and ensuring compliance with all banking regulations and internal policies. Possible work locations include various service centers across Tanzania as well as the main branches in Dar es Salaam.
Key Requirements
Must be an experienced Accountant with a professional qualification of CPA or ACCA
Demonstrated leadership experience at a senior management or board level
Comprehensive knowledge and experience in the fields of economics
Extensive background in financial management and accounting practices
Appointment is subject to confirmation by the general meeting and approval by the Bank of Tanzania
Must have a proven track record of good corporate governance practices
High moral and ethical character with no criminal records
No history of bankruptcy or financial impropriety
Ability to observe and comply with the requirements under the Banking and Financial Institutions Act
Capacity to provide independent judgment and strategic oversight to the Board