Background information about the job or company (e.g., role context, company overview)

The Director General will provide strategic leadership and overall management of TIB Rasilimali Limited, ensuring sustainable growth, profitability, regulatory compliance, and delivery of high-quality capital markets and investment services in support of TIB Development Bank’s development financing mandate.

Responsibilities or duties

The Director General shall be responsible for, but not limited to, the following:

• Develop, present, and implement the firm’s short, medium, and long-term strategic and business plans in line with Board approvals.
• Provide strategic leadership towards achievement of the firm’s Vision, Mission, and strategic objectives in a profitable and sustainable manner.
• Ensure full compliance with all applicable laws, regulations, and guidelines governing capital markets and related financial services.
• Oversee financial management, budgeting, revenue growth, cost control, and optimal utilization of resources.
• Establish and enforce a robust firm-wide risk management and internal control framework.
• Oversee the development, promotion, and delivery of quality products and services.
• Advise and regularly report to the Board on operational and strategic performance.
• Lead stakeholder engagement, brand building, and public representation of TIB Rasilimali Limited.
• Identify and develop new business opportunities to enhance revenue and market presence.
• Ensure timely preparation of accurate financial statements and attainment of unqualified audit opinions.
• Support and complement TIB Development Bank’s development financing role in Tanzania.
• Perform any other duties as may be assigned by the Board from time to time.

Qualifications or requirements (e.g., education, skills)

Academic Qualifications:

• A master’s degree in Finance, Insurance, Economics, Business Administration (MBA), Banking, Investment, Accounting, Capital Markets, or a related field from a recognized institution.
• A bachelor’s degree in a relevant discipline from a recognized institution.
• Professional qualifications such as CFA, CPA (T), ACCA, CISA, or any CMSA-recognized certification will be an added advantage.

Regulatory and Personal Requirements:

• Must meet ‘fit and proper’ requirements as prescribed by the Capital Markets and Securities Authority (CMSA).
• No history of bankruptcy, criminal conviction, or financial misconduct.
• Strong knowledge of capital markets laws, public finance regulations, and corporate governance principles.

Competencies:

• Strong strategic and visionary leadership skills.
• High level of integrity, professionalism, and ethical conduct.
• Excellent communication, negotiation, and stakeholder management skills.
• Strong analytical, decision-making, and problem-solving abilities.
• Proven ability to lead change and deliver results.

Experience needed

Experience:

• At least ten (10) years of relevant work experience in financial services, capital markets, investment management, insurance, banking, or development finance.
• A minimum of eight (8) years at senior management or executive level in a regulated financial institution.
• Demonstrable experience in strategic leadership, corporate governance, financial management, regulatory compliance, and business development.

• Develop, present, and implement the firm’s short, medium, and long-term strategic and business plans in line with Board approvals.
• Provide strategic leadership towards achievement of the firm’s Vision, Mission, and strategic objectives in a profitable and sustainable manner.
• Ensure full compliance with all applicable laws, regulations, and guidelines governing capital markets and related financial services.
• Oversee financial management, budgeting, revenue growth, cost control, and optimal utilization of resources.
• Establish and enforce a robust firm-wide risk management and internal control framework.
• Oversee the development, promotion, and delivery of quality products and services.
• Advise and regularly report to the Board on operational and strategic performance.
• Lead stakeholder engagement, brand building, and public representation of TIB Rasilimali Limited.
• Identify and develop new business opportunities to enhance revenue and market presence.
• Ensure timely preparation of accurate financial statements and attainment of unqualified audit opinions.
• Support and complement TIB Development Bank’s development financing role in Tanzania.
• Perform any other duties as may be assigned by the Board from time to time.

• Strong strategic and visionary leadership skills.
• High level of integrity, professionalism, and ethical conduct.
• Excellent communication, negotiation, and stakeholder management skills.
• Strong analytical, decision-making, and problem-solving abilities.
• Proven ability to lead change and deliver results.
• Strong knowledge of capital markets laws, public finance regulations, and corporate governance principles.

• A master’s degree in Finance, Insurance, Economics, Business Administration (MBA), Banking, Investment, Accounting, Capital Markets, or a related field from a recognized institution.
• A bachelor’s degree in a relevant discipline from a recognized institution.
• Professional qualifications such as CFA, CPA (T), ACCA, CISA, or any CMSA-recognized certification will be an added advantage.
• At least ten (10) years of relevant work experience in financial services, capital markets, investment management, insurance, banking, or development finance.
• A minimum of eight (8) years at senior management or executive level in a regulated financial institution.
• Demonstrable experience in strategic leadership, corporate governance, financial management, regulatory compliance, and business development.
• Must meet ‘fit and proper’ requirements as prescribed by the Capital Markets and Securities Authority (CMSA).
• No history of bankruptcy, criminal conviction, or financial misconduct.