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TIB Corporate Finance Limited , Board of Directors

by Kazi Bongo  |  at  5:35:00 AM

Background of TIB Corporate Finance Limited
The restructuring of Tanzania Investment Bank Limited has evolved into the separation of activities related to traditional deposit taking activities and development financing functions. The separation was further amplified by the Banking and Financial Institutions (Development Finance)Regulations, 2012 which has put limitations on certain banking activities by development , finance institutions (DFI).
In line with these changes, in October ~012,the shareholders of TIB Development Bank Limited approved a proposal to establish a commercial bank, TIB Corporate Finance Limited, whose functions and objectives are as follows:-
Following the promulgation of the regulations, Tanzania Investment Bank Limited changed its name toTIB Development Bank Limited, to signify its intention to operate as a development finance institution.
To carry on corporate banking business in all its branches, agencies and departments, including receiving funds from the general public, especially from corporate entities, by way of deposits
To offer corporate, commercial and financial banking services through traditional and modern channels such as internet banking, , points of sale and automatic teller machines;
To buy and sell currencies in both local and foreign currency and deal in bullion and specie;
To make collections, payments and transmissions or remittances of money for the account of others and perform such other services for their customers as are compatible with the business of banks;
To invest in or to advance and lend money or real property, personal and mixed securities, or cash credit or other accounts, bonds, bills of exchange, promissory notes, letters of credit, or other obligations, as assessed and acceptable by the bank;
To act as an agent for revenues collection for taxes, dues, customs and duties, dividends, debts, for Central Government or any department thereof  municipality or person.
TIB Corporate Finance Limited is hereby inviting applications from suitable qualified candidates to fill the following' existing vacancies;
Purpose and mandate

To lead the bank by overseeing the overall operations (implementation of its projects and strategic plans).
Duties and Responsibilities
Successful applicants will be responsible for but not limited to the following duties:
Make policies and regulations as it will be deemed fit for the proper management of the bank;
Ensure that the bank is managed in line with the Bank of Tanzania Act, the Banking and Financial Institutions Act, its regulations and Memorandum and Articles of Association;
Determine the manner in which cheques, promissory notes, drafts, bills of exchange and other negotiable instruments, and all receipts for money paid to the bank shall be signed, drawn, endorsed, or otherwise executed;
Monitor and evaluate the Bank's Strategic Plans to achieve the vision and mission and ensure the bank endures and thrives;
Oversee the bank's agreements and contracts with other institutions in furtherance of the bank's objectives;
Ensure that the accounting system-is maintained in accordance with acceptable standards-and the' books of the bank are kept properly, and that the accounts meet the standards set by the Controller and Auditor General (CAG);
Exercise all the powers of the bank to, borrow money, and to mortgage or charge its undertaking, property and uncalled capital, or any part thereof, and to issue debentures, debenture stock, and other securities whether outright or as security for any debt, liability or obligation of the bank or of any third party;
To perform other related duties as stipulated under the law. 

Functional and Technical Competencies
Successful candidates must possess among others, the following competencies:
High degree of skills, expertise, integrity and stature;
Proven leadership, business and people management skills;
Able to integrate macro and micro economic policies into the bank's strategies, policies and procedures;
Able to devise and supervise implementation, monitoring and evaluation of Strategic Plans, other such plans, Vision and Mission;
Thorough understanding of macroeconomic policies, strategies and national development agenda; and
Knowledge of the complexities of socioeconomic development, risk analysis related to operations of commercial banks,

Qualifications, Knowledge and Experience
Holder of a degree or related qualification from a recognized University (institution) in one of the following fields: law, economics, finance, accounting, business administration and any other related discipline;
At least ten (10) years working experience; five of which in managerial position;
A person of sound integrity and who is unlikely to have conflict of interest pursuant to Section 11 of Companies Act, Chapter 212;          
Shall have knowledge and familiarity in any of the following: Commercial Banking, Development Finance Institutions,
Microfinance operations, economic or financial matters, and with a proven success record in the implementation of standard commercial banking operations; and
Previous board experience in similar organisation will be an added advantage,

Application Instructions:
Applications from suitable candidates enclosed with certified copies of relevant certificates and Curriculum Vitae (CV) should L reach the undersigned by 26th July, 2013.The application should include CV with proper names, contact telephone numbers and e-mail addresses of the candidate.

To apply to a position of the Board of Directors of TIB Corporate Bank applicants are requested to submit a cover letter to:
Managing Director
TIB Development Bank Limited
Mlimani City Office Park Building No.3
Sam Nujoma Road
P.O. Box 9373
Dar es Salaam

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Tanzania Kenya NGO JOBS Uganda Best Jobs Consultancy Rwanda ICT JOBS United Nations Administrative Sudan Best Jobs Finance Health - Medical Engineering Ethiopia Agricultural Education Lecturer Human Resources Somalia Congo - Kinshasa Media Legal Jobs Monitoring and Evaluation Bank Jobs World Vision Mining Burundi African Barrick Gold Zambia Procurement Sales and Marketing Accountant US EMBASSY Mozambique East African Community Telecoms Research CARE International Save The Children Malawi Plan International South Sudan Oxfam Arusha African Development Bank Scholarships Finance and Administration SafariCom Aviation The Commonwealth American Embassy Sales Catholic Relief Services Zanzibar Environmental USAID Operations UNDP FHI 360 Security World Bank Economist TradeMark East Africa Unicef Hospitality Managers International Rescue Committee (IRC) Accounting Restless Development AMREF COOPI - Cooperazione Internazionale Path International Civil Engineers African Union AfDB African Development Bank Driver - Logistics Morogoro Marketing Utumishi Tigo Jobs Dar es salaam PSI Population Services International Pwc PricewaterhouseCoopers Teaching Au African Union East African Breweries North Mara Gold Mine ACTED Mwanza Djibouti Malaria Consortium Bulyanhulu Gold Mine DFID FINCA JOBS Buzwagi Gold Mine COMESA Driver International Jobs Jhpiego Mbeya Adeso Danish Refugee Council Handicap International Kilimanjaro Rio Tinto Pact International Solidarités International EGPAF Elizabeth Glaser Pediatric AIDS Foundation Logistics Tender Coca-Cola Nairobi Nation Media Group Africare Norwegian Refugee Council Samaritan's Purse Chemonics International COUNTRY DIRECTOR ICAP of Columbia University InterShips Precision Air RwandAir Marie Stopes International (MSI) Serengeti Breweries Ltd Climate Change IGAD Serengeti Breweries Tetra Tech ARD Volunteer One Acre Fund Clinton Health Access Initiative (CHAI Technoserve Twaweza East Africa Project Management Lutheran World Federation SADC Secretariat Vso International ACDI/VOCA ActionAid Halmashauri Tanga Agha Khan Iringa Kenya Commercial Bank World Agroforestry Centre Deloitte East Africa International Organization for Migration (IOM) COMESA Secretariat: Software Engineering Tanzania Breweries Pathfinder International World Health Organization Safety and Security British Council Futures Group KPMG Tanzania Electric Supply Company UN-Habitat WFP World Food Programme Barclays GEITA GOLD MINING GOAL Shinyanga Jobs WWF World Wide Fund for Nature Microsoft Mombasa Tanzania Ports Authority Family Health International (FHI) IBM EAST AFRICA IntraHealth International Mercy Corps Tabora Community Development Jobs Data Base Management East African Development Bank Electrical Engineer ICAP - TZ KEMRI/CDC Program TANESCO WaterAid Tanzania AccessBank Auditor Dodoma Google Africa Stanbic Bank Amnesty Food and Agriculture Organization Horn Relief Kampala Management Systems International (MSI) SNV International Standard Chartered Bank VETA Christian Aid DIAMOND TRUST BANK Helen Keller International Help Age TANROADS Uganda Telecom Airtel Africa Marie Stopes Web Development Agriculture Jobs B B C WORLD SERVICE Equity Bank Human Rights Kigali Makerere University Nile Basin Initiative Kenyatta University Mtwara Mzumbe University Nile Breweries Limited Tulawaka Gold Mine University of Nairobi kenya Airways Internships MTN NSSF National Social Security Fund Nepad Partners in Health Room to Read TCRA UNWOMEN African Wildlife foundation (AWF) Bank of Tanzania KEMRI Librarian MENTOR Initiative SUMATRA Uiversity of Nairobi WaterAid International icipe Project CAFOD - Catholic Agency for Overseas Development Egerton University EngenderHealth Goal Ireland Kenyan Banks Lake Victoria Basin Commission Muhimbili National Hospital Peace Corps TASAF Tanzania Social Action Fund Zanzibar University ACB AKIBA COMMERCIAL BANK AGRA Alliance for a Green Revolution in Africa Advans Bank Ethiopian Airlines Freedom House IITA International Institute of Tropical Agriculture KCB BANK Legal Resolute Tanzania Uganda National Roads Authority British High Commission ChildFund FilmAid International Kagera Moshi NECTA TANAPA Tanzania Civil Aviation Authority (TCAA) USAILI - INTERVIEW United States International University University of Dar es salaam University of Dodoma World Concern Aga Khan Foundation EWURA Ernst and Young IUCN International Union for Conservation of Nature International Medical Corps Islamic Relief Kakira Sugar Musoma National Institute for Medical Research OPEN UNIVERSITY OF TANZANIA Relief International TAA Tanzania Airports Authority TPDC Trainee Trócaire Uganda Revenue Authority VSF Belgium Architects Ecomist Hivos IFC International Finance Corporation Ifakara Health Institute Inoorero University International Commercial Bank Kenya Red Cross Society Kigoma Oil and Gas Pwani University College SOKOINE UNIVERSITY Tumaini University Uganda AWF African Wildlife Foundation Accounts African Virtual University Altima Africa Ardhi University Bank of Uganda Business Development CBA Commercial Bank of Africa Concultancy Del Monte Kenya Embassies Kenya Airports Authority Lake Victoria South Water Services Board Medical National Bank of Commerce Search for Common Ground TTCL Tanzania Telecommunications Company Limited Unilever War Child International Water Engineering Zinduka Afrika ACORD AKU ​Aga Khan University Africa Nazarene University Africa Rice Center (AfricaRice) Aga Khan Health Services Commercial Bank of Africa Daraja Tanzania Engineers Registration Board (ERB) Fina Bank International Potato Center International Potato Center (CIP) Intrahealth Jomo Kenyatta University Kilimanjaro Christian Medical Centre Kyambogo University Lindi Jobs MCL Mwananchi Communications MUHAS-harvad Moi University National University of Rwanda Nuru International Nzoia sugar Company RECORDS MANAGEMENT JOBS RTI International RUKWA Singida THE LAW SCHOOL OF TANZANIA TRA Tanzania Revenue Authority The Foundation For Civil Society Western Union Acacia Mining Action Against Hunger (ACF) Agricultural Society of Kenya BRALIRWA Bondo University College Caritas Comoros Concern Worldwide Conservation Jobs Consolidated Bank of Kenya DHL Express Ewaso Ngiro South River Basin Development Authority Geologist Graduates Gulf African Bank INSTITUTE OF ADULT EDUCATION Jomo Kenyatta University of Agriculture and Technology Kabale University Kabale University (KAB) Kenya Ports Authority KickStart International MORUWASA Morogoro Urban Water and Sanitation Authority MSH Management Sciences for Health Mara Mumias Sugar Company NBC BANK Nairobi Hospital Ngorongoro Conservation Area Authority Nkumba University Rural Electrification Agency Ruvuma SOKINE UNIVERSITY Stores TACAIDS Tanzania Postal Bank Tullow Oil World Lung Foundation (WLF) ALAF Limited Aga Khan Development Network (AKDN) Aga Khan Hospital Air Malawi American Refuge Committee BTC Belgian Technical Cooperation Bhttp://www.blogger.com/img/blank.gifank of Tanzania Bioversity International CHF International CRDB BANK Customer Service Jobs DIT DAR ES SALAAM INSTITUTE OF TECHNOLOGY Danida Dar es Salaam Institute of Technology Daystar University European Union IFM INSTITUTE OF FINANCE MANAGEMENT ITECH Internews® Network KUITWA KAZINI Kenya Accreditation Service Kenya Polytechnic University College Kisii University College Kisumu Laboratory Jobs MSF Switzerland Management Sciences for Health Manyara Maseno University Ministry of State for Planning Muteesa 1 Royal University Médecins Sans Frontières Narok University College OSHA Occupational safety and Health Authority Open Society Initiative for Eastern Africa (OSIEA) PA PAC Petroleum EngineerS RWANDA HOUSING AUTHORITY STAMIGOLD SUA SOKOINE UNIVERSITY OF AGRICULTURE Seychelles Songas Songea TBC TANZANIA BROADCASTING CORPORATION TBS TANZANIA BUREAU OF STANDARDS TFDA TANZANIA FOOD AND DRUGS AUTHORITY TIB - Tanzania Investment Bank Tanzania Mortagage Refinance Company Tanzania Teachers’ Union Transmara Sugar Company Tropical Pesticides Research Institute Tumba College of Technology Twiga Cement UNOCHA Umma University University WRP Walter Reed Project ZANTEL ao uga
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