Background

Cooperative Bank Tanzania Plc (Coop Bank) officially commenced operations on October 1, 2024, following a nationwide cooperative movement aimed at capital mobilization and the strategic merger of Kilimanjaro Cooperative Bank and Tandahimba Community Bank. The bank’s mandate is focused on transforming the financial landscape of Tanzania. Coop Bank is dedicated to enhancing financial inclusion by providing access to banking services for cooperatives, farmers, and unbanked populations. Additionally, the bank plans to leverage technology and innovation to improve service outreach and operational efficiency. Coop Bank Tanzania was formally launched in April 2025 and operates with a strong commitment to commercial principles, while prioritizing the needs of its cooperative members and the broader community. In line with its growth strategy, Coop Bank Tanzania invites applications from suitably qualified and experienced candidates to strengthen its senior management team by filling the following seven (7) executive positions: Director of Legal Services and Company Secretary, Director of Internal Audit, Director of Technology and Operations, Director of Human Resource and Administration, Director of Business and Personalized Banking, Director of Cooperative Banking, Director of Credit. The seven (7) senior executive roles will report directly to the Chief Executive Officer. The selection process for these positions is highly competitive, and the appointment of any candidate will be contingent upon a rigorous independent selection process, which includes fit and proper checks.

Role Purpose

Provide strategic and operational leadership for the Bank’s Cooperative Banking business and position the Bank as a preferred financial partner for agricultural cooperatives, SACCOs, cooperative unions, apex organisations, cooperative enterprises and their members. The role will drive business growth, financial inclusion, agricultural value-chain financing and development of Tanzania’s cooperative sector.

Key Responsibilities

• Develop and execute the Bank’s Cooperative Banking strategy and business plans.
• Drive deposit mobilisation, quality credit growth and institutional banking relationships across cooperatives and SACCOs.
• Lead agricultural cooperative banking and agricultural value-chain financing.
• Develop tailored banking, consultancy and extension solutions for cooperatives.
• Promote digital cooperative banking and financial inclusion.
• Build strategic partnerships with government institutions, regulators, development partners and agricultural value-chain stakeholders.
• Ensure portfolio quality, profitability, regulatory compliance and effective management of cooperative banking risks.

Qualifications & Experience

• Bachelor’s degree in Banking, Finance, Economics, Agribusiness, Cooperative Management, Business Administration, Agricultural Economics or related discipline.
• Relevant Master’s degree/MBA highly desirable; CPA, ACCA, CFA, FRM or other relevant professional qualifications are an added advantage.
• Minimum 10 years’ relevant professional experience, including at least 5 years in senior management or strategic leadership.
• Demonstrated experience in cooperative banking, SACCO financing, agricultural value-chain finance, institutional banking or financial inclusion.

Key Competencies

Cooperative banking strategy, agricultural finance, institutional banking, financial inclusion, commercial acumen, executive leadership, innovation and strategic stakeholder management.

• Develop and execute the Bank’s Cooperative Banking strategy and business plans.
• Drive deposit mobilisation, quality credit growth and institutional banking relationships across cooperatives and SACCOs.
• Lead agricultural cooperative banking and agricultural value-chain financing.
• Develop tailored banking, consultancy and extension solutions for cooperatives.
• Promote digital cooperative banking and financial inclusion.
• Build strategic partnerships with government institutions, regulators, development partners and agricultural value-chain stakeholders.
• Ensure portfolio quality, profitability, regulatory compliance and effective management of cooperative banking risks.

• Cooperative banking strategy
• agricultural finance
• institutional banking
• financial inclusion
• commercial acumen
• executive leadership
• innovation
• strategic stakeholder management

• Bachelor’s degree in Banking, Finance, Economics, Agribusiness, Cooperative Management, Business Administration, Agricultural Economics or related discipline.
• Relevant Master’s degree/MBA highly desirable; CPA, ACCA, CFA, FRM or other relevant professional qualifications are an added advantage.
• Minimum 10 years’ relevant professional experience, including at least 5 years in senior management or strategic leadership.
• Demonstrated experience in cooperative banking, SACCO financing, agricultural value-chain finance, institutional banking or financial inclusion.