Tanzania Postal Bank (TPB) was established in 1991 by the Tanzania Postal Bank Act No. 11/1991. In 1992 it became operational as a separate entity from the then Tanzania Posts and Telecommunications Corporation. TPB is among the longest serving banks in Tanzania. Its mandate is to mobilize local savings and promote savings habits of the Tanzanian population and to provide banking services and facilities countrywide.
TPB now seeks to recruit a results driven Chief Executive Officer (CEO). The successful candidate responsible to the Board of the Directors and to provide vision, direction and leadership to the Bank. He/she will work with other members of Senior Management to ensure that the Bank acquires and maintains a solid reputC2lion as a successful financial institution by implementing the right business strategies and economical management of resources.
MAIN RESPONSIBILITIES AND DUTIES:
The CEO will be in charge of implementation and realization of the Bank's mission and vision so as to achieve its strategic goals. The successful candidate will be the overall manager of the day to day activities and have the power to make final decisions at management level. In addition he/she will:
• Ensure the Bank develops and recommends to the Board of Directors short, medium and long term plans and strategies to achieve its objectives
• Coordinate and assess performance in order to make timely changes in strategy, structure and resource allocation
• Establish, monitor and maintain appropriate financial systems for effective and efficient control of operations
• Build and sustain a cultural environment that is driven by competitive recruitment, staff motivation, communication and loyalty while taking into consideration interest of various stakeholders
• Mitigate risks by complying with the Laws, BOT regulations and guidelines, internal policies and procedures, the Board directives and banking best practices
• Keep the Board informed of all important developments in the banking industry and recommend appropriate reactions
COMPETENCIES AND ATIRIBUTES
• Knowledge of the best internationally accepted banking practices
• High integrity and strong public relations skills, and ability to engage with different stakeholders
• Proven business skills, articulation and ability to effectively market the Bank locally, regionally and internationally
• Understanding of commercial credit management and experience in microfinance techniques
• IT knowledge
• Treasury, assets and liability management
• Ability to build, work and lead teams
MINIMUM EDUCATIONAL REQUIREMENTS
Master's Degree in either of the following: Business Administration, Commerce, Finance, Banking or Economics.
MINIMUM EXPERIENCE
A minimum of ten years (10) professional working experience in a senior managerial position preferably in the banking industry.
Interested candidates should send their applications and detailed CYs by email to info.tanzania@tz.ey.com or hand deliver to Utalii House, 36 Laibon Road, Oysterbay, Dar es Salaam.
PLEASE NOTE THAT THE DEADLINE FOR SUBMISSION OF APPLICATIONS HAS BEEN EXTENDED TO WEDNESDAY APRIL 21, 2010 AT 15:00 HRS LOCAL TIME
Only short listed candidates will be contacted. Only Tanzanian Nationals should apply.
For a full job description of the position, please visit www.postalbank.co.tz
Friday, April 9, 2010
Chief Executive Officer - Tanzania Postal Bank
