Board Member at National Microfinance Bank Plc (NMB)

Application Deadline: 29 Apr 2015

Board Member POSITION DESCRIPTION:

From The Guardian

National Microfinance Bank Pic (NMB) is the leading full service commercial bank in Tanzania. It provides banking services to a customer base reflective of Tanzania as a whole, and includes Government and state-owned institutions, large corporates and institutions, micro, small and medium enterprises (MSME); civil servants and salaried employees, farmers and cooperatives, and reaches out to traders
and the unbanked.
NMB is currently seeking for one (1) new Board Member to join the NMB Board and represent the 21 % shareholders, Given the current composition of the Board, the candidate required should have a background in auditing, ICT, accounting or banking to enable him/her play an active role in the full Board and Board Audit, Risk & Compliance Committee. The candidate should also have knowledge of both the local and international financial sectors.
The responsibilities of the Board members include but are not limited to the following functions:
Determining and reviewing the business strategy, organizational structure and allocation of resources;
Governing the bank by establishing and monitoring policies and objectives and establishing proper delegation of authorities;
Selection, appointment, supporting, assessing and remunerating Executive Management (EM);
To monitor EM for their execution of policy, strategyan:d operations through setting clear goals;
Determining proper financial management practices and approving the annual budget;
Determining that adequate risk management practices are implemented;
Monitoring compliance with the law, statutes and internal and external regulations;
Understanding and taking into account the interests of shareholders and relevant stakeholders.

Requirements
Minimum of ten (10) years senior management experience preferably in the financial sector with at
least five (5) years of those in the banking industry, either in audit, ICT, accounting or in banking;
Bachelor's Degree in Accounting, ICT, Business Administration, Economics, Law or other relevant area of study;
Highest personal and professional ethics and values;
Post Graduate or relevant Master's Degree together with a CPA qualification would be a definite advantage.

APPLICATION INSTRUCTIONS:

How To Apply:
Open www.radarrecruitment.com
If you are not registered with Radar, go to the Register tab and complete the registration form and upload your Cv. Your CV should be a maximum of 4 Close to you
pages and in MS Word format.
Enter the reference numbers 3231 into the Job Reference Box to take you to the details of that job .

Only short listed will be contacted