DCB Commercial Bank Pic, a leading micro-finance bank in Tanzania was established in 2001. It became the first bank to be listed at the Dar es. Salaam Stock Exchange in August 2008. In 2012, the bank made an important milestone when it became a full fledged commercial bank. It is owned by the General Public [Individuals and Companies] (36.89%); Umoja Unit Trust Scheme (13.25%); Dar-es-Salaam City Coun9il (10.07%); lIala Municipal Council (9.37%); Kinondoni Municipal Council (9.21%); Temeke
Municipal Council (8.41 %); Unit Trust of Tanzania (6.91 %) and National Health insurance Fund (5.9%).
One Director representing the General Public will soon retire from the Board on completion of her tenure in the service. To uphold gender balance, the vacancy is open to Tanzanian women aged between 35 and 65 years old, fluent in English language with proven business acumen and a wide range of skills, knowledge and expertise.
The Role of the Board Director
To determine the Bank's vision, mission and values.
To formulate, monitor and evaluate bank's policies and strategies.
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
To appoint and regularly review and evaluate the performance of the Managing Director, Internal Auditor and direct reports
to the Managing Director.
To assess and evaluate the effectiveness of the Board performance, collectively and of individual directors.
To regularly attend and effectively participate in Board, Committee and other important meetings.
To meet the obligation of accountability to Shareholders
Any other duties stipulated under the law.
Requirements
A holder of master degree with extensive professional experience of not less than five years in managerial level and a proven track record in area of expertise.
Highest moral and ethical character. Must exhibit independence, objectivity and be capable of serving as a representative of the shareholders.
A shareholder of DCB Plc, committed and possess personal qualities to make substantial active contributions to Board deliberations.
Not a member of a National Assembly or House of Representative or Local Authority.
No criminal record or history of bankruptcy
Municipal Council (8.41 %); Unit Trust of Tanzania (6.91 %) and National Health insurance Fund (5.9%).
One Director representing the General Public will soon retire from the Board on completion of her tenure in the service. To uphold gender balance, the vacancy is open to Tanzanian women aged between 35 and 65 years old, fluent in English language with proven business acumen and a wide range of skills, knowledge and expertise.
The Role of the Board Director
To determine the Bank's vision, mission and values.
To formulate, monitor and evaluate bank's policies and strategies.
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
To appoint and regularly review and evaluate the performance of the Managing Director, Internal Auditor and direct reports
to the Managing Director.
To assess and evaluate the effectiveness of the Board performance, collectively and of individual directors.
To regularly attend and effectively participate in Board, Committee and other important meetings.
To meet the obligation of accountability to Shareholders
Any other duties stipulated under the law.
Requirements
A holder of master degree with extensive professional experience of not less than five years in managerial level and a proven track record in area of expertise.
Highest moral and ethical character. Must exhibit independence, objectivity and be capable of serving as a representative of the shareholders.
A shareholder of DCB Plc, committed and possess personal qualities to make substantial active contributions to Board deliberations.
Not a member of a National Assembly or House of Representative or Local Authority.
No criminal record or history of bankruptcy
APPLICATION INSTRUCTIONS:
Interested candidates are requested to apply as follows:
An application letter detailing their suitability for the position;
A comprehensive Curriculum Vitae (CV).
Certified copies of relevant certificates and awards.
Certified copies of the last two pages of your current Passport.
• Four recent passport size photographs.
Three referee letters (including 1 personal referee).
Interested candidates should send their application to:
The Managing Director
P.O. Box 19798,
DCB House, Magomeni Mwembechai,
Dar es Salaam, Tanzania.
Deadline for applications is on April 2015 at 4.00pm.
Only short-listed candidates will be contacted. Up country candidates
will meet their own travel and accommodation costs for any interviews.
An application letter detailing their suitability for the position;
A comprehensive Curriculum Vitae (CV).
Certified copies of relevant certificates and awards.
Certified copies of the last two pages of your current Passport.
• Four recent passport size photographs.
Three referee letters (including 1 personal referee).
Interested candidates should send their application to:
The Managing Director
P.O. Box 19798,
DCB House, Magomeni Mwembechai,
Dar es Salaam, Tanzania.
Deadline for applications is on April 2015 at 4.00pm.
Only short-listed candidates will be contacted. Up country candidates
will meet their own travel and accommodation costs for any interviews.
Board Director at DCB Commercial Bank PLC
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