January 22nd 2015: The National Bank of Commerce (NBC) wishes to announce
the appointment of Dr Kassim Hussein as Interim Board Chairman. This follows the
departure of Professor Mussa Assad who has been appointed as Controller and
Auditor General (CAG) of the United Republic of Tanzania.
In a media statement today, NBC Interim Managing
Director, Pius Tibazarwa, said that Dr Hussein will chair the NBC Board until a
permanent appointment is made to succeed Professor Assad.
Dr Hussein is a
senior lecturer in Banking and Finance at the Institute of Financial
Managementand has served the NBC Board since 2010. He is a PhD holder in
Banking and an MBA in Finance.
“We take this opportunity once again to congratulate
Professor Assad on his appointment and wish him all the best in his future
endeavours. We also thank him for the time he has led the NBC board with
diligence and commitment. NBC is committed to the cause of supporting and
strengthening financial accountability in Tanzania. We also wish Dr Kassim all
the best in his new task,” Mr Tibazarwa said.
Professor
Assad was appointed Controller and Auditor General (CAG) of the United Republic
of Tanzania November 2014 after serving the NBC Board since 2006.
Editor’s Note:
NBC
is one of the most represented retail bank in the country with over 46years’
experience in providing financial services. Apart from offering traditional
banking services, NBC also prides itself with an expanded branch network of 52
branches and over 280 Visa enabled ATMs. The bank also services over 250 Points
of Sales strategically located throughout the country. NBC has employed over 1,400
staff.