Foreign Exchange Rates

DStv Advert_020324

DStv Advert_020324

SBT Tanzania Advert_291123

Thursday 21 January 2021

EXPRESSION OF INTEREST FOR NMB BANK PLC BOARD MEMBERSHIP


NMB Bank Plc (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 this 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 looking for one (1) dynamic Independent non-Executive Board member with expertise to effectively support the growth ambitions of the Bank.

The Board members are responsible for providing strategic guidance and effective oversight to management and promoting ethical and responsible decision making within the Bank. The day-to-day management of the business and affairs of the bank are delegated by the Board to the Chief Executive Officer and other executive officers.

The responsibilities of a Board Member include but are not limited to the following functions:
  1. Determining and reviewing the business strategy, organizational structure and allocation of resources;
  2. Governing the bank by establishing and monitoring policies and objectives and establishing proper delegation of authorities;
  3. Selection, appointment, supporting, assessing and remunerating Executive Management (EM);
  4. To monitor EM for their execution of policy, strategy and operations through setting clear goals;
  5. Determining proper financial management practices and approving the annual budget;
  6. Determining that adequate risk management practices are implemented;
  7. Monitoring compliance with the law, statutes and internal and external regulations;
  8. Understanding and taking into account the interests of shareholders and relevant stakeholders.

No comments:

Post a Comment