APPOINTMENT OF LEONARD C. MUSUSA AS CHAIRPERSON OF THE BOARD OF SELCOM MICROFINANCE BANK TANZANIA

Friday 15th November 2024: The Board of Directors of Selcom Microfinance Bank Tanzania is pleased to announce Leonard Mususa (FCPA/T) as its new Board Chairperson with effect from 31st October 2024. Mr. Leonard Mususa is an independent management consultant, a Fellow of the Association of Chartered Certified Accountants (UK) (FCCA) and registered with the National Board of Accountants and Auditors as a Fellow Certified Public Accountant (Tanzania)(FCPA).

Mr. Mususa has served on the boards of several prominent companies across Tanzania, Kenya, and Mauritius, including NMB Plc and Nation Media Group Plc in Kenya. Currently, he holds a number of key leadership roles, serving as the chairperson of Tanzania Breweries Plc and Reliance Insurance Company (Tanzania) Ltd.

As a founding member of Tanzania’s CEO Roundtable, Mr. Mususa contributed actively on its Board for several years and served as a council member of the Confederation of Trade and Industry in Tanzania. He is also currently a member of the Presidential Commission on Tax Reforms, a role to which he was appointed by Her Excellency Dr. Samia Suluhu Hassan, President of the United Republic of Tanzania.

With a distinguished 36-year tenure at PricewaterhouseCoopers, Mr. Mususa held multiple senior roles, culminating in his position as Country Senior Partner for Tanzania, a role he held for 14 years until his retirement in June 2014. His extensive expertise in governance, banking, and business transformation provides Selcom Microfinance Bank with invaluable insights and seasoned leadership.

The Board and Management of Selcom Microfinance Bank Tanzania Limited congratulate Mr. Mususa on this well-deserved appointment and look forward to the expertise and insight he will bring to our institution.