The CRDB Bank Managing Director Dr Charles Kimei has been shortlisted again for the prestigious “African Banker of Year Award” for the year 2014.
Dr Kimei, a seasoned banker with more than 30 years experience is the only Tanzanian to have been shortlisted for that accolade for two successive years.
African Banker of the Year Award goes to an influential and inspirational leader in the African banking sector who through their leadership and vision, have overseen strong financial performance of their organisations and successfully guided them to new heights in the industry.
According to a statement from the bank, to get the overall winner, several aspects are considered, including but not limited to formation of new best business practices, expansion into new markets, innovation in terms of new services and adaption of new technologies for customer convenience and protection mechanisms.
Dr Kimei has been nominated alongside Mozambican Joao Figueiredo, CEO and Chairman, UNICCO Bank from Mozambique, Andrew Alli, President and CEO, Africa Finance Corporation from Nigeria, AigbojeAig- Imoukhuede, GMD and Chief Executive, Access Bank in Nigeria and SegunAgbaje who is CEO and Managing Director, GTB Bank, Nigeria.
The winners will be announced at an Awards ceremony gala on May 21, 2014 in Kigali, Rwanda. The gala will bring together over 600 key industry players and top government officials from Africa and around the world.
Speaking of Dr Kimei`s achievements and what it means to the bank and country as whole, CRDB Bank chairman Martin Mmari said that the bank is proud of Dr Kimei and that he deserves all the plaudits due to his vision and tireless efforts.
“CRDB Bank is proud of the milestone reached by him, his achievement reflects the strength of the bank brand both locally and internationally,” he said.
He added that Dr Kimei`s and CRDB Bank’s success story should show the world that Tanzanians are more than capable of competing with the very best.
“He is the pride of our nation because he leads a locally owned organisation with local management and international mentality,” he said.
“His accomplishments should be a success story for every Tanzania to be proud of, just like the fact that the highest mountain in the world (Kilimanjaro) is in Tanzania” said Mmari.
Before joining CRDB Bank in 1998, Dr Kimei worked at the Bank of Tanzania as director of policy and research and previously as director of economic research and statistics.
He took over CRDB Bank when it was a loss-making firm and turned it around to become one of Tanzania’s largest banks in terms of assets and deposits.
In his first year as CEO, CRDB Bank made a profit of 2bn/- and has consistently grown to make a historical pre-tax profit of 108bn/- in 2012.
Under his helm, CRDB Bank has grown its network from 16 to 110 branches and has overseen major transformations and adaptation of modern technology that has resulted in improved service delivery.
In late 2012, CRDB Bank became the first Tanzanian bank to open a subsidiary across the border in Burundi.
Apart from the current post as the CEO of CRDB Bank, Dr Kimei is also the chairman of Tanzania Bankers Association (TBA).
Dr Kimei, a seasoned banker with more than 30 years experience is the only Tanzanian to have been shortlisted for that accolade for two successive years.
African Banker of the Year Award goes to an influential and inspirational leader in the African banking sector who through their leadership and vision, have overseen strong financial performance of their organisations and successfully guided them to new heights in the industry.
According to a statement from the bank, to get the overall winner, several aspects are considered, including but not limited to formation of new best business practices, expansion into new markets, innovation in terms of new services and adaption of new technologies for customer convenience and protection mechanisms.
Dr Kimei has been nominated alongside Mozambican Joao Figueiredo, CEO and Chairman, UNICCO Bank from Mozambique, Andrew Alli, President and CEO, Africa Finance Corporation from Nigeria, AigbojeAig- Imoukhuede, GMD and Chief Executive, Access Bank in Nigeria and SegunAgbaje who is CEO and Managing Director, GTB Bank, Nigeria.
The winners will be announced at an Awards ceremony gala on May 21, 2014 in Kigali, Rwanda. The gala will bring together over 600 key industry players and top government officials from Africa and around the world.
Speaking of Dr Kimei`s achievements and what it means to the bank and country as whole, CRDB Bank chairman Martin Mmari said that the bank is proud of Dr Kimei and that he deserves all the plaudits due to his vision and tireless efforts.
“CRDB Bank is proud of the milestone reached by him, his achievement reflects the strength of the bank brand both locally and internationally,” he said.
He added that Dr Kimei`s and CRDB Bank’s success story should show the world that Tanzanians are more than capable of competing with the very best.
“He is the pride of our nation because he leads a locally owned organisation with local management and international mentality,” he said.
“His accomplishments should be a success story for every Tanzania to be proud of, just like the fact that the highest mountain in the world (Kilimanjaro) is in Tanzania” said Mmari.
Before joining CRDB Bank in 1998, Dr Kimei worked at the Bank of Tanzania as director of policy and research and previously as director of economic research and statistics.
He took over CRDB Bank when it was a loss-making firm and turned it around to become one of Tanzania’s largest banks in terms of assets and deposits.
In his first year as CEO, CRDB Bank made a profit of 2bn/- and has consistently grown to make a historical pre-tax profit of 108bn/- in 2012.
Under his helm, CRDB Bank has grown its network from 16 to 110 branches and has overseen major transformations and adaptation of modern technology that has resulted in improved service delivery.
In late 2012, CRDB Bank became the first Tanzanian bank to open a subsidiary across the border in Burundi.
Apart from the current post as the CEO of CRDB Bank, Dr Kimei is also the chairman of Tanzania Bankers Association (TBA).
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