Independent Non-Executive Director Opportunity
CRDB Bank Plc – The bank that listens – has announced a vacancy for the position of Independent Non-Executive Director, inviting applications from suitably qualified and experienced professionals.
About CRDB Bank Plc
CRDB Bank Plc is a leading commercial bank in Tanzania. Established in 1996, the Bank has grown steadily over the years to become one of the most innovative and trusted financial institutions in the country.
The Bank reached a significant milestone when it was listed on the Dar es Salaam Stock Exchange on 17 June 2009.
CRDB Bank Plc owns four subsidiary companies:
- CRDB Bank Burundi S.A.
- CRDB Insurance Company Limited
- CRDB Bank DR Congo S.A.
- CRDB Bank Foundation
Additionally, the Bank operates a representative office in the United Arab Emirates (UAE–Dubai).
Position: Independent Non-Executive Director
The Board of Directors is seeking to fill one (1) position of Independent Non-Executive Director.
Definition of an Independent Director
An “Independent Director” is defined as a director who:
- Does not hold any executive or management position in the Bank.
- Does not have, directly or indirectly, a significant interest in the Bank, including any parent or subsidiary in a consolidated group. (Significant interest refers to holding 5% or more of the voting shares of the Bank).
- Has not been employed by the Bank or its subsidiaries in an executive capacity within the preceding three (3) years.
- Is not a family member of an individual who is, or has been in the past three years, employed by the Bank or its subsidiaries in an executive capacity.
- Is not a professional advisor to the Bank or its subsidiaries.
- Is free from any business or other relationship that may interfere with independent judgment.
- Does not receive remuneration contingent upon the Bank’s performance as defined in the Banking and Financial Institutions (Internal Control and Internal Audit) Regulations, 2014.









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