ABSA BANK CHAMPIONS FINANCIAL LEADERSHIP AT 10TH CFO EAST AFRICA SUMMIT

Dar es Salaam, 8 May 2025: Absa Bank Tanzania reaffirmed its commitment to advancing financial leadership across the region by participating as a Principal partner at the 10th CFO East Africa Summit, held at the Serena Hotel in Dar es Salaam.

The annual summit brought together over 100 senior finance executives from across East Africa, offering a vital platform for knowledge exchange, regional networking, and dialogue on emerging financial trends. Topics ranged from the evolving role of the CFO, digital transformation, and ESG integration to strategic growth and capital optimization.

In his keynote address, Mr. Obedi Laiser, Managing Director of Absa Bank Tanzania, underscored the bank’s rationale for supporting the CFO East Africa Summit, citing its relevance in today’s evolving economic climate.

“As sponsors of this summit, we recognize the critical role finance leaders play in shaping the future of organizations across East Africa,” Mr. Laiser remarked. “The CFO role is no longer confined to traditional financial stewardship, it has expanded to include driving innovation, strategic transformation, and long-term value creation.”

He emphasized that Absa Bank Tanzania is committed to equipping finance executives with the tailored financial solutions and strategic advisory they need to help their organizations thrive in uncertain times. “We stand ready to partner with CFOs, providing insights, capital, and expertise to support their ambitions and unlock new growth opportunities.”

Absa Bank Tanzania's active participation in the summit aligns with its overarching purpose: to Empower Africa’s tomorrow, together….one story at a time, by shaping the future of finance through collaboration, innovation, and thought leadership. With a footprint in over 10 African countries with representative offices in Nigeria, Namibia, London and New York, Absa continues to play a pivotal role in driving economic growth and financial inclusion across the region.

The summit concluded with a resounding call for finance professionals across East Africa to embrace collaboration, innovation, and continuous learning—key ingredients for navigating an increasingly complex financial environment and driving sustainable business growth.

For more information, please contact:

Aron Luhanga
Head, Marketing & Corporate Relations
Absa Bank Tanzania Limited
+255 768 221 717
aron.luhanga@absa.africa

About Absa Bank Tanzania

Absa Bank Tanzania Limited is one of Tanzania’s leading financial institutions offering an integrated set of products and services across Corporate and Investment Banking, Business Banking with solutions for SMEs, and Retail Banking. Backed by its 21-year legacy in Tanzania and inspired by the people it serves, Absa is committed to finding local solutions to uniquely local challenges and everything we do is focused on bringing possibility to life.

Absa Bank Tanzania is part of Absa Group Limited, one of Africa’s largest diversified financial services groups. Absa Group employees approximately 40, 000 professionals operating in South Africa, Zambia, Botswana, Mozambique, Seychelles, Mauritius, Kenya, Tanzania, Uganda, Ghana. The Group has representative offices in Nigeria, Namibia, London and New York, as well as insurance operations in Botswana, Kenya, Mozambique, South Africa, Tanzania and Zambia. Absa is a truly African brand, inspired by the people we serve and determined to be the financial services Group Africa can be proud of.

For more about Absa Bank Tanzania, its products and services, visit www.absa.co.tz