Company: CRDB Bank Foundation (CBF)

CRDB Bank Foundation (CBF), the social investment arm of CRDB Bank Plc, is committed to driving sustainable socio-economic development through entrepreneurship, financial inclusion, youth empowerment, and women’s economic empowerment.

Position: Independent Non-Executive Director

Term: Three years, renewable

Location: Dar es Salaam, Tanzania

CBF is seeking qualified candidates for the position of Independent Non-Executive Director with strong accounting and/or audit expertise to strengthen the Board's financial oversight and assurance capability.

Academic and Professional Qualifications

• Bachelor's degree in Economics, Finance, Accounting, Auditing, Commerce, Banking, or Business Administration with a major in Finance, Accounting, or Auditing from a recognized institution.
• Master's degree in Economics, Finance, Accounting, Auditing, Development Finance, Risk Management, Corporate Governance, or Business Administration (MBA) is desirable.
• Professional certification such as CPA(T), ACCA, CIMA, CIA, or an equivalent qualification.
• At least 5 years of senior-level experience in finance, accounting, auditing, banking, governance, risk management, development finance, or a related field.
• Experience serving on Boards or Board Committees of reputable organizations.

Key Responsibilities

The appointed Independent Non-Executive Director will be responsible for:

• Providing strategic guidance and oversight to CBF.
• Contributing to the approval and monitoring of the CBF's strategy, policies, and budgets.
• Overseeing financial stewardship, risk management, and governance practices.
• Monitoring the effectiveness and impact of CBF programs.
• Attending and actively participating in Board and Committee meetings.
• Supporting stakeholder engagement and resource mobilization efforts.

Experience and Core Competencies

Candidates should demonstrate strong capabilities and experience relevant to the Foundation's mission, governance requirements, and program priorities, including:

• Strong understanding of corporate governance principles, NGO governance frameworks, and fiduciary responsibilities.
• Knowledge of Tanzanian regulatory frameworks, including laws and governance frameworks applicable to CBF.
• Experience in risk management, internal controls, and compliance systems, particularly within foundations, NGOs, or financial institutions.
• Experience in development finance, social investment, or impact-driven programs.
• Ability to provide strategic guidance, constructive challenge, and independent judgment.
• Commitment to sustainable socio-economic development and the Foundation's mission.
• Experience engaging with and building partnerships with government ministries, development partners, private sector actors, and international organizations.
• Ability to guide the Foundation's long-term strategy, including scaling programs and diversifying funding.

Personal Attributes

The ideal candidate should demonstrate:

• Strategic thinking and sound judgment.
• Strong communication and interpersonal skills.
• Independence of mind and the ability to provide constructive feedback.
• Commitment to sustainable socio-economic development.
• Commitment to inclusive development, gender equity, youth empowerment, and climate resilience.

• Providing strategic guidance and oversight to CBF.
• Contributing to the approval and monitoring of the CBF's strategy, policies, and budgets.
• Overseeing financial stewardship, risk management, and governance practices.
• Monitoring the effectiveness and impact of CBF programs.
• Attending and actively participating in Board and Committee meetings.
• Supporting stakeholder engagement and resource mobilization efforts.

• Strong understanding of corporate governance principles, NGO governance frameworks, and fiduciary responsibilities.
• Knowledge of Tanzanian regulatory frameworks, including laws and governance frameworks applicable to CBF.
• Experience in risk management, internal controls, and compliance systems, particularly within foundations, NGOs, or financial institutions.
• Experience in development finance, social investment, or impact-driven programs.
• Ability to provide strategic guidance, constructive challenge, and independent judgment.
• Commitment to sustainable socio-economic development and the Foundation's mission.
• Experience engaging with and building partnerships with government ministries, development partners, private sector actors, and international organizations.
• Ability to guide the Foundation's long-term strategy, including scaling programs and diversifying funding.
• Strategic thinking and sound judgment.
• Strong communication and interpersonal skills.
• Independence of mind and the ability to provide constructive feedback.
• Commitment to sustainable socio-economic development.
• Commitment to inclusive development, gender equity, youth empowerment, and climate resilience.

• Bachelor's degree in Economics, Finance, Accounting, Auditing, Commerce, Banking, or Business Administration with a major in Finance, Accounting, or Auditing from a recognized institution.
• Master's degree in Economics, Finance, Accounting, Auditing, Development Finance, Risk Management, Corporate Governance, or Business Administration (MBA) is desirable.
• Professional certification such as CPA(T), ACCA, CIMA, CIA, or an equivalent qualification.