BANK OF AFRICA’S NEW BOARD CHAIRMAN BEGINS HIS MISSION

The Chairman of the Board of Directors for Bank of Africa, Dr. Nyamajeje Calleb Weggoro (left) together with the Acting Managing Director, Wasia Mushi (centre) and Head of Retail Banking Lomnyaki Saitabau (right), sharing a light moment while visiting the Bank’s branch at Victoria in Dar es Salaam.

Dr. Nyamajeje Calleb Weggoro (left), the Chairman of the Board of Directors for Bank of Africa during his visit at the Victoria Branch in Dar es Salaam. Together with him is the Acting Managing director of the Bank, Wasia Mushi (centre) and the Head of Retail Banking, Lomnyaki Saitabau (right).

Dr. Nyamajeje Calleb Weggoro (left), the Chairman of the Board of Directors for Bank of Africa together with the Acting Managing Director, Wasia Mushi on his visit to the Bank’s Victoria Branch in Dar es Salaam.

Dr. Nyamajeje Calleb Weggoro (left), the Chairman of the Board of Directors for Bank of Africa talking to the Management of Bank of Africa on his visit to the Bank’s Business Center in Oysterbay, Dar es Salaam.

 29th January 2021, Dar es Salaam - The Chairman of the Board of Directors for BANK OF AFRICA TANZANIA, Dr. Nyamajeje Calleb Weggoro, begins his mission with the bank as he visits two of the bank’s largest branches. The two branches visited included the Business Center at Oysterbay which is the banks Enterprise branch, a one stop center for all the corporate sales and a large retail branch at Victoria Dar es Salaam. The Doctor’s visit came after his meeting with the staff and management of the bank at the bank’s head office at Posta NDC house where various issues on the bank’s operations were discussed.

Dr. Weggoro visited the branches to understand the banks operations in supporting the development of the country and contribution in promoting financial inclusion especially as the country enters the middle income economy. The bank has proven to be stable in the investment made in Tanzania as it participates in various development projects since 2007.

Together with the bank’s participation in the various development projects, the bank has shown its determination in supporting the Small and Medium Enterprises (SMEs) by providing tailor-made products and services together with stream lined services which has been the major attraction of customers to the bank. As a commercial bank the bank client segment involves Retail customers, Small and Medium Enterprises (SMEs) and Corporate customers.

Prior to joining BANK OF AFRICA TANZANIA LIMITED, Dr. Nyamajeje Calleb Weggoro was appointed as the Executive Director for the East African Constituency of the African Development Bank in 2016 to 2019 working diligently in representing the interest of eight countries: Tanzania, Kenya, Uganda, Ethiopia, Rwanda, Eritrea, Seychelles, and South Sudan. Dr. Weggoro was also appointed as the Personal Assistant and Advisor to the President of the United Republic of Tanzania (Regional Integration and Economic Affairs), 2013-2016.

The Doctor now joins the team to support its development plans and strategies so as to lead the bank to higher levels. He brings to the bank invaluable experience, knowledge and a unique skills set. His core areas of competence are in leadership development, economics, finance, planning and general management, industrial engineering, project planning and capacity building. In many ways Dr. Weggoro has been responsible for the transformation of various African countries through the development plans in the countries he represented.

About BANK OF AFRICA GROUP

BANK OF AFRICA was first established in Mali in 1982 and to date is established in 18 African countries including 8 in West Africa (Benin, Burkina Faso, Cote d’Ivoire, Ghana, Mali, Niger, Senegal and Togo), 9 in East Africa and Indian Ocean (Burundi, Djibouti, Ethiopia, Kenya, Rwanda, Uganda, Tanzania and Madagascar), Central Africa (Democratic Republic of the Congo) with also one representative office in Paris, France.

Since 2010, BMCE Bank has been the majority shareholder of the BANK OF AFRICA GROUP and it’s the second largest private bank in Morocco. BMCE Bank brings strong strategic and operational support to the BANK OF AFRICA Group, as well as direct access to the international market as a result of its presence in Europe and Asia.

BANK OF AFRICA - TANZANIA is a private commercial bank operating in Tanzania serving corporate and retail customers. It began operations in Tanzania in June 2007 after acquiring Eurafrican Bank which had been operating in Tanzania since September 1995. Our customer base - ranges from multinational companies, government institutions, non-governmental organizations, small businesses and individuals.

BANK OF AFRICA - TANZANIA has grown in status to be regarded as one of the key players contributing to the corporate and SME sectors in the country. Emphasis has been directed towards the SME and Retail sectors to which a series of products have been designed to provide quick solutions to meet their growing needs. The bank currently has a network of 20 branches; 10 in Dar es Salaam including one Business Center at Oysterbay and 10 in Up-country (Arusha, Kahama, Moshi, Mwanza, Morogoro, Dodoma, Mbeya, Mtwara, Tunduma, Zanzibar).