MUCOBA BANK PLC formerly Mufindi Community Bank Ltd, the ‘first Community Bank in Tanzania invites applications from qualified Tanzanians to fill in the following vacancies.
The Bank invites applications from suitably qualified Tanzania of high personal integrity to apply for appointment as a Non- Executive Directors of the Board (2positions) to represent the share holders. The bank is in need of an experienced banker and an experienced lawyer.
A Board Director must be an individual who has demonstrated significant achievements in business, education, the profession and/or public service.
He/ She must have the requisite intelligence, education and experience to make significant contribution for the deliberations of the Board of Directors. In addition the Board Director is expected to bring a broad range of experiences to the Board.
The role of the Board Directors
i. To determine the Bank’s vision, mission and values.
ii. To formulate, monitor and evaluate bank’s policies and strategies.
iii. To review on a regular basis the adequacy and integrity of the Bank’s internal control, financial reporting, risk management and management information systems including compliance with applicable laws, regulations, rules and guidelines.
iv. To appoint and regularly review and evaluate the performance of the Senior Management of the bank.
v. To assess and evaluate the effectiveness of the Board performance, collectively and individually
vi. To regularly attend and effectively participate in Board Committee and other important meetings.
vii. To meet the obligation of accountability to Shareholders
viii. To perform any other duties stipulated under the law.
The candidates must possess the following qualifications:
• Experienced banker
A holder of a degree/master’s degree with extensive experience of not less than five years with a proven track record in banking, accounting and economics
• Experienced lawyer
A holder of a degree/master’s degree with extensive experience of not less than five years with a proven track record in law
Both of the above positions require among others:
Highest moral and ethical character. He or She must exhibit independence, objectivity and be capable of serving as a representative of the shareholders.
Personal qualities sufficient to make substantial active contributions to Board deliberations, these include self-assuredness, a high ethical standard, inter-personal skills and commitment.
Willing to commit, as well as have, sufficient time available to discharge the duties of Board membership
A member of a National assembly or House of Representative or Local Authority is not eligible.
He /she must not have any criminal record or history of bankruptcy.
Qualified and experienced candidates are requested to send application letters detailing their suitability, detailed CV, certified copies of relevant certificates and awards, certified copy of last two pages of a current passport, four recent passport size photos and three recommendation letters from professional referees’ and send to:
P.O.BOX 147 .
The deadline for submission of applications is 18th August, 2017. Only shortlisted candidates will be contacted.
Candidates will meet their own travel and accommodation costs for the interviews.
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