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Friday, 6 October 2023

APPOINTMENT OF NEW CHIEF EXECUTIVE FOR STANBIC BANK


The Board of Directors of Stanbic Bank Tanzania Limited announces the appointment of Mr. Manzi Rwegasira as the Chief Executive of Stanbic Bank Tanzania succeeding Kevin Wingfield with effect from 1st October 2023.

Prior to this appointment, Manzi was the Head of Corporate & Investment Banking, a role he took on in March 2019. He also serves as an Executive Director of the Stanbic Bank Tanzania Board since February 2020. Manzi joined Stanbic Bank Tanzania as the Head of Investment Banking in July 2017.

Mr. Rwegasira is a seasoned banker with a strong commercial acumen. He brings in a wealth of expertise from various facets of banking, having initiated his illustrious career in London with renowned global financial institutions including UBS, Bank of America Merrill Lynch (BAML), Barclays and NMB Bank Tanzania.

Manzi holds a BSc in International Business Administration and an MSc in Finance & Investments from Rotterdam School of Management (RSM) in the Netherlands. He is am approved practitioner of Capital Markets & Securities Authority (CMSA - Tanzania), Financial Conduct Authority (UK) and Chartered Institute for Securities & Investments (CISI - UK). His unique combination of business expertise and leadership will undoubtedly strengthen the legacy of our organization.

The Board looks forward to a continued partnership with Mr. Rwegasira and wishes him utmost success in his new role.

Undersigned by the Board of Directors,
Stanbic Bank Tanzania. 

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