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Thursday, 12 June 2025

ABSA ENGAGES CENTRAL BANK GOVERNOR IN STRATEGIC DIALOGUE ON NATIONAL FINANCIAL GROWTH

DAR ES SALAAM – In a demonstration of its ongoing commitment to regulatory collaboration and national development, Absa Bank Tanzania held a high-level engagement with Bank of Tanzania (BoT) Governor Emmanuel Tutuba this week.

This strategic meeting—part of Absa’s annual stakeholder engagements—provided a platform for transparent dialogue and alignment on the direction of Tanzania’s rapidly evolving financial landscape.


Leadership Dialogue: A Meeting of Purpose and Strategy

The Absa delegation was led by Managing Director Obedi Laiser, accompanied by Chief Operating Officer Oscar Mwamfwagasi and Acting Director of Compliance and Legal, Alistides Kashasira.

According to a formal statement released after the meeting, Absa Bank presented updates on its financial performance and strategic outlook, while engaging in meaningful discussion on critical areas such as:

  • Data privacy and protection
  • Regulatory trends and compliance evolution
  • Growth and expansion strategies
  • Environmental, Social, and Governance (ESG) priorities
  • Corporate citizenship and national impact


A Shared Vision for Financial Sector Resilience

This visit underscores our commitment to transparency, accountability, and shared progress,” said MD Obedi Laiser.

We deeply value our partnership with the Bank of Tanzania and remain focused on aligning our purpose with the country’s financial priorities.”

In response, Governor Tutuba praised the initiative and reaffirmed the importance of collaboration between financial institutions and regulatory bodies.

Public-private engagements such as this are essential to building a resilient and inclusive financial system,” he noted.


Absa’s Role in Tanzania’s Economic Transformation

This engagement highlights Absa Bank Tanzania’s multifaceted role—not only as a leading financial institution but also as a key enabler of sustainable economic transformation. By aligning its corporate strategy with Tanzania’s national goals, Absa continues to demonstrate leadership in regulatory compliance, ESG integration, and inclusive financial development.

The meeting further strengthens Absa’s position as a responsive, forward-looking partner in the growth of Tanzania’s financial sector.

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