Background

CRDB Bank PLC, in its capacity as the sole shareholder of CRDB Insurance Company Limited (CIC), invites applications from qualified and experienced professionals for the position of Independent Non-Executive Director (INED) of CIC.

CIC is a licensed general insurance company regulated by the Tanzania Insurance Regulatory Authority (TIRA) and forms part of the CRDB Bank Group. The CIC Board is responsible for strategic leadership, oversight of governance, risk management, and ensuring compliance with applicable laws and regulations.

Key Responsibilities

The appointed Independent Non-Executive Director will be required to:

• Provide independent oversight and objective challenge to CIC Management.
• Contribute to the development of strategy, governance frameworks and risk management.
• Serve on Board Committees as appointed.
• Uphold the highest standards of integrity, ethics and professionalism.

Qualifications & Experience

Applicants must meet the following requirements:

• Bachelor’s degree in Insurance, Risk Management, Finance, Accounting, Actuarial Science, Law, ICT, or any related field.
• Postgraduate qualifications and/or professional certifications such as ACII, CPA, ACCA, CFA, Certified Director, etc., will be an added advantage.
• At least 10 years of relevant senior leadership or board-level experience in insurance, banking, financial services, governance, audit, risk or related fields.
• Strong understanding of corporate governance principles, strategy and regulatory frameworks.
• Must meet TIRA fit-and-proper criteria for directors of insurance companies.
• Must satisfy independence requirements, with no employment, contractual, or other conflict-of-interest relationships with CRDB Bank Group or CIC.

• Provide independent oversight and objective challenge to CIC Management.
• Contribute to the development of strategy, governance frameworks and risk management.
• Serve on Board Committees as appointed.
• Uphold the highest standards of integrity, ethics and professionalism.

• Bachelor’s degree in Insurance, Risk Management, Finance, Accounting, Actuarial Science, Law, ICT, or any related field.
• Postgraduate qualifications and/or professional certifications such as ACII, CPA, ACCA, CFA, Certified Director, etc., will be an added advantage.
• Strong understanding of corporate governance principles, strategy and regulatory frameworks.
• Must meet TIRA fit-and-proper criteria for directors of insurance companies.
• Must satisfy independence requirements, with no employment, contractual, or other conflict-of-interest relationships with CRDB Bank Group or CIC.