ABSA BANK WINS BEST PRESENTED FINANCIAL REPORT AWARD

CPA Benjamin Mashauri, Chief Internal Auditor of the Ministry of Finance (second right), presents the 2023 Best Presented Financial Report award in the Mid-Sized Banks Category, organized by the National Board of Accountants and Auditors (NBAA), to Mr. Muhsin Kaye, Financial Controller of Absa Bank Tanzania, during a ceremony held in Dar es Salaam. Also pictured are CPA Prof. Sylvia Temu, Chairperson of the NBAA Board (right), and CPA Pius Maneno, Executive Director of NBAA.

CPA Pius Maneno, Executive Director of the National Board of Accountants and Auditors (NBAA) (second left), congratulates Mr. Muhsin Kaye, Financial Controller of Absa Bank Tanzania, after the bank was named the 2023 Best Presented Financial Report winner in the Mid-Sized Banks Category during a ceremony held in Dar es Salaam. Also pictured are CPA Prof. Sylvia Temu, Chairperson of the NBAA Board (right), and CPA Benjamin Mashauri, Chief Internal Auditor of the Ministry of Finance.

Mr. Muhsin Kaye, Financial Controller of Absa Bank Tanzania (right), poses for a commemorative photo with representatives of institutions that won first-place awards in various categories during the 2023 best presented financial report awards ceremony organized by the National Board of Accountants and Auditors (NBAA) in Dar es Salaam. Also in the photo are guest of honor CPA Benjamin Mashauri, CPA Prof. Sylvia Temu, and CPA Pius Maneno.

Mr. Bernard Tesha, Chief Financial Officer of Absa Bank Tanzania (second left), Mr. Heristraton Genesis, Head of Retail Products and Strategy (left), Mr. Muhsin Kaye, Financial Controller (right), and Ms. Abigail Lukuvi, Citizenship Manager of Absa Bank Tanzania, display the Best Presented Financial Report Award in the Mid-Sized Banks Category for 2023, after the awarding ceremony.

Absa Bank Tanzania has emerged as the first winner of the 2023 Best Presented Financial Report award in the Mid-Sized Banks Category at the annual awards organized by the National Board of Accountants and Auditors (NBAA).

The 2023 awards witnessed intense competition, with 86 participants across various categories meeting NBAA’s criteria. The winners were presented with their awards by the event’s guest of honor, CPA Benjamin Mashauri, Chief Internal Auditor of the Ministry of Finance.

Speaking shortly after receiving the award, Mr. Muhsin Kaye, Financial Controller at Absa Bank Tanzania, said the recognition highlights the bank’s expertise, experience, and the skillset of its team in preparing financial reports.

“This victory reflects our accountability as a bank, as well as integrity and transparency in presenting our reports. We assure our customers and Tanzanians at large that we will continue to prepare reports in line with the required standards and principles. This is a proud moment for our bank and our customers,” said Mr. Kaye.

He extended his gratitude to NBAA for fostering excellence in financial reporting by setting high standards. “We are honored to receive this award, which adds to our history of similar accolades from previous years,” he added.

Mr. Kaye further noted that the award aligns with the bank’s mission of Empowering Africa and Tanzania’s Future Together, One Step at a Time, driven by its brand promise; ‘Your Story Matters’.
“As Absa Tanzania, we believe this win will inspire us to perform even better in empowering the success stories of our customers and Tanzanians as a whole,” said Mr. Kaye.