Mr. Richard Etemesi is a Non- Executive Director and Chairman of the Board of Directors of Standard Chartered Bank Tanzania. He was appointed to the Board on 11 October 2019 and then as Chairman on 18th March 2020.
Mr Etemesi holds Msc. Finance, from Strathclyde Business School, University of Strathclyde, Glasgow, UK and a Bachelor of Commerce (B.Com) majoring in Accounting from the University of Nairobi, Kenya.
He is a seasoned retired banker with over 25 years of banking experience within the Standard Chartered Group in various capacities and different countries. The prominent roles he has held include the Finance & Strategy Director for the Bank in East Africa, CEO Standard Chartered Bank Uganda, CEO Kenya & East Africa Cluster and CEO South Africa & Southern Africa Cluster. His last executive position was the Vice-Chairman Standard Chartered Bank PLC Africa with the responsibility of supporting the execution of the Bank’s strategic intent in Africa with emphasis on exemplary governance for all Standard Chartered business interests across Africa. He also had the responsibility of helping to instil a strong corporate governance culture and robust risk and control processes across the Bank in the region.
Mr Etemesi has also taken long and short-term assignments within the Group in Zambia, UK and Singapore to undertake establishment and development of corporate banking relationships and international trade business. Before Joining Standard Chartered, Mr Etemesi worked as a Financial Management consultant with Coopers & Lybrand Associates based in Kenya.
He also sits on the boards of Standard Chartered Bank Kenya, Mauritius, Nigeria and Angola.
Ambassador (retired) Ami Ramadhan Mpungwe was appointed to the Board of Standard Chartered Bank Tanzania as the Independent Non-Executive Director on 22nd Jan 2015.
Ambassador Mpungwe is a Tanzanian, graduated from the University of Dar es Salaam in 1975. He directly joined the Tanzanian Foreign Service as a career diplomat. In 1994, Ambassador Mpungwe became Tanzania’s first High Commissioner to the Republic South Africa. Prior to that, he served as a Personal Assistant to the President; Private Secretary to the Chief Secretary; and Director of Africa and Middle East in the Foreign Ministry. The larger part of his diplomatic career was dedicated to peace processes in Southern Africa and the Great Lakes States but the years prior to his retirement were particularly dedicated to issues related to regional economic integration in the SADC Region and in the mobilization of FDI and tourist flows into Tanzania, areas which he is widely recognized and credited for.
In December 1999, after 25 years of distinguished service, Ambassador Mpungwe at the age of 48, took an early and voluntary retirement from the Diplomatic Service to join the private sector where he was largely involved in personal investments and consultancy services. He has also been an active participant in various private sector advocacy and lobbying organizations, including the CEO Roundtable; the Tanzania Chamber of Mines (TCM); National Business Council etc.
He chairs and sits on several Boards, including MULTICHOICE Tanzania Ltd; Kilombero Sugar Co. Ltd; MIC Tanzania (Tigo) Ltd; Kilombero Valley Teak Company; Nyota Tanzania Ltd (Maersk Affiliate); Tanzania Breweries Ltd; Zambia Sugar Plc; Malawi Sugar Plc. He also chaired the Rural Energy Agency; Council Member of the University of Dar es Salaam and Sebastian Kolowa Memorial University and Chaired the University of Dodoma Endowment Fund
Ambassador Mpungwe has won several awards and decorations including the Order of Good Hope (Grand Officer) in 1999, South Africa’s highest Award granted to foreign citizens for his distinguished service to the liberation of South Africa and for promoting closer ties between South Africa and Tanzania. In August 2001, he was awarded with Certificate of Recognition by the OAU for his “Important Contribution in facilitating the Inter-Rwandese negotiations, culminating in the Arusha Peace Agreement for Rwanda of 4th August 1993”.
Mr. Stanley Tsikirayi was appointed to the Board of Standard Chartered Bank Tanzania as an Independent Non-Executive Director on 15 October 2013
Mr. Tsikirayi is a qualified banking professional from the Institute of Bankers of Harare, Zimbabwe, majoring in International Banking, Accounting and Management.
Mr. Tsikirayi worked in the banking field for 34 years, most of which spent with Standard Chartered Group where he had spells in Zimbabwe, Sierra Leone, The Gambia, Tanzania and UK. He grew from strength to strength in terms of skills and climbed progressively the ladders of leadership within the SCB Group from a junior clerk to the Chief Executive Officer, a position which he held for 8 years in Sierra Leone, The Gambia and Tanzania.
He also held other notable roles within SCB in the areas of corporate, training and development and Risk management. The Regional Customer Service Manager between 2004 and 2007 was one of the most impactful roles he held with SCB. Based in London, Mr Tsikirayi was tasked with the implementation of robust customer service programs in 13 countries in Africa (South Africa, Nigeria, Kenya, Ghana, and Tanzania, Uganda, Botswana, Zambia, Cameroun, Sierra Leone, The Gambia, Zimbabwe and Cote d’I voire) with a goal of significantly improving customer service metrics, building a climate receptive to change and addressing the people factors.
He retired from SCB in 2007 and spent a few years in consultancy services in the financial services sector. His most illuminous consultancy were the credit and risk consultancy with the Banque Commerciale du Rwanda between January 2008 and October 2009 and financial consultancy to the UK based financial services institution Mickey Tee Investments from October 2009 to January 2011. He returned to executive roles in 2011 as the CEO and Managing Director of Opportunity Tanzania, a part of Opportunity International, a global micro financing company with 53 implementing members serving nearly 4 million clients in 23 countries providing loans to the poor to lift them out of poverty. He retired in 2015 to concentrate on Board roles and consultancy services.
In 2017 he was appointed as Board agent and Consultant of the strategically and operationally challenged, Shelter Afrique, a pan African finance institution created to exclusively support the development of African real estate and housing sector. Specific tasks of Mr. Tsikirayi were creation of stability and turnaround framework which entailed to analyze the causes of the failure and identify the principles that underpin the recovery and sustainable success.
Mr. George Akello was appointed as the Non- Executive Director of the Board of Standard Chartered Bank Tanzania on 22nd January 2015.
George Akello is the senior executive of Standard Chartered Bank holding the role of Regional Chief Credit Officer, CPBB, AME & E, appointed in April 2018. In this role, George is responsible for ensuring that integrity of the Group’s risk/return decisions is up held , and in particular that credit risks arising from Consumer, Private Bank and Business Banking (CPBB) is properly assessed, and are controlled in accordance with the Group’s standards and its Risk Appetite. He is also responsible for ensuring that Risk Management Framework and policies are effectively communicated and implemented in the Region.
George is a member of the Global CPBB Risk Management Team of SCB which oversees the Retail Risk strategy, performance. He is also a member of Africa & Middle East CPBB Management Top Team. He is also the Chief Risk Officer, East Africa and a member of both East Africa and Kenya EXCO. George is a qualified Accountant and a member of the Institute of Certified Public Accountants of Kenya and also sits in the Boards of Standard Chartered Bank Ghana as a Non-Executive Director.
George started his career in Public Accountancy before joining the Bank. He has worked in the Bank as the Chief Credit Officer RB, Africa, CCRO, Kenya, Head of Group Audit East, Africa, Credit Officer, WB, East, Africa, Africa and Cluster Head of CB, Credit, East Africa.
Mr. Ian Fernandes is a Non- Executive Director of the Board of Standard Chartered Bank Tanzania.
He currently the heads Strategic Initiatives, Projects and Governance for Africa and Middle East (AME) of Standard Chartered Bank and is based in Dubai. Ian plays a key role in enabling and executing the Bank’s strategy for Africa and Middle East, areas around governance, conduct, risk management and audit, cost efficiency initiatives and managing specific projects for the Region including the launch of a full digital bank across Africa and expansion into new strategic markets like Saudi. Ian is a Director on the Boards of SCB subsidiaries in Tanzania, Uganda and Cote d’Ivoire and a member of the AME Regional Management Team.
Mr. Fernandes has been a part of SCB for the past twelve years and has worked in senior roles across multiple businesses and governance functions. Till 2015, he was part of Standard Chartered Private Equity, identifying investment opportunities across sectors with specific focus on financial services and consumer sectors. Earlier Ian oversaw strategy and governance for SCB in South Asia including India, Bangladesh, Sri Lanka and Nepal. In an earlier role in Retail Banking, he was responsible for developing and driving the Priority and Preferred Banking proposition in India.
Before joining Standard Chartered Bank in 2008, Mr. Fernandes handled various roles in product management and marketing for Unilever and TATA Teleservices in India. He completed his undergraduate studies in Electronics and Telecommunications engineering and graduated from INSEAD with a Master of Business Administration. He has also completed a program with Stanford GSB on Corporate Innovation.
Dr Tausi Kida has just been appointed to the Board of Standard Chartered Bank Tanzania this January 2022 and is currently undergoing induction and orientation to the Board.
Dr Kida is a development economist with over 20 years’ experience in policy research and development management. She is currently the Executive Director of Economic and Social Research Foundation (ESRF) which is one of the leading policy research think tanks in Tanzania and has been in the position for 6 years. Before that she held various positions within the ESRF including the Director of Programmes.
Dr Kida holds a PhD in Development Economics from the International Institute of Social Studies of the Erasmus University, Rotterdam, the Netherlands. She pursued Bachelor and Masters’ Degrees in Economics from the University of Dar es Salaam in 1996 and 1999 respectively.
Dr Kida has a deep understanding of public policy, the economic environment in Tanzania and the opportunities available for public sector lending by financial institutions. She is well versed in social impact considerations of development projects and this is exected to be a useful skill to the Board as the Bank drives the sustainability agenda.
As far as banking is concerned, Dr Kida has a working knowledge of finance and has a mature and pragmatic outlook which will enable her to be a good fit on the SCB Tanzania board.
Mr. Sosthenes Kewe has just been appointed to the Board of Standard Chartered Bank Tanzania this February 2022 and is currently undergoing induction and orientation to the Board.
Mr Kewe recently stepped down from his role as the Executive Director of the Financial Sector Deepening Trust (FSDT) in Tanzania, the role he held for 10 years. Prior to joining FSDT as Technical Manager and thereafter climbing to the Executive Director position, Mr Kewe was a corporate banker with Bank of Africa and Absa for a total of about 6 years.
Mr. Kewe is quite strategic in his thinking, has deep understanding of the financial services sector in Tanzania and has great experience with financial sector policy development and advocacy. His many years at FSDT have given him good access within corporates, development partners and government circles in Tanzania. As FSDT banks with SCB, he also clearly understands SCB’s strategy and direction.
His position as Executive Director of FSDT has given him a good exposure to the management and a good understanding of governance responsibilities. His finance skills coupled with the qualifications of a Certified Public Accountant (CPA-T), make him more suitable to support the Board in overseeing audit matters.
Mr. Herman Kasekende is a Managing Director and Chief Executive Officer of Standard Chartered Bank Tanzania since June 2022.
Mr. Kasekende is a proven leader with a track record of effective business development, talent management, risk management and governance.
He holds a BA (Hons) Economics and Rural Economy from the University of Makerere Uganda, a Masters of Arts in International Economics and Finance from the Brandeis University, Waltham and a host of post graduate certifications in management and leadership.
He has over 10 years experience at the level of the CEO/Managing Director, having served as the Chief Executive Officer (CEO) and Managing Director (MD) of Standard Chartered Bank Uganda from 2012 to 2017 and thereafter Standard Chartered Banks Zambia from 2017 to 2022. In both countries Herman has a track record orchestrating and executing the country strategies and leading business developments.
Herman grew up within Standard Chartered Bank and served at different capacities in different countries where he grew from junior positions to middle management and thereafter senior management levels. Part of the previous responsibilities held include Cluster Head of Products and Solutions Delivery with accountability for the Business Performance of the SME segment in the East Africa Cluster and Head of Consumer Banking Uganda with the responsibility of spearheading the consumer banking segment in Uganda.
Mr. Rayson Foya was appointed Executive Director of Finance of Standard Chartered Bank Tanzania and a member of the Board of Directors in September 2018.
Mr. Foya a Bachelor of Commerce (B. Com) in Accounting from the University of Dar es Salaam and is a qualified Certified Public Accountant (CPA) – Tanzania.
He has diverse experience in financial matters including financial management, analysis, control and accounting, which he attained by working within Standard Chartered Bank since 2005. He started his career with the Bank in Operations as a Clearing Officer before moving to Finance where he performed various roles including Management Accountant and Head of Business Finance for Corporate Banking, prior to being appointed to his current role.
As part of his growth, Mr. Foya took part in the CEO Apprenticeship Program (an initiative of CEO Roundtable of Tanzania) in 2019 and completed the CFO Academy in Hong Kong in 2018. In 2016, Mr. Foya completed a short-term assignment as Senior Manager (Group Reporting and Advisory) within Group Finance at the Bank’s Head Office in London. He currently takes part in the CDC funded Africa Leader list Programme.
Mr. Foya actively participates in industry joint technical committees coordinated by either the Tanzania Bankers Association (TBA) or Bank of Tanzania (the Regulator) on financial matters. He is also a champion of the Bank’s Financial Education Employee Volunteering Programme which has so far managed to train nearly 1000 people within various communities.
Mr. Walarick Nittu was appointed Company Secretary and Head of Legal in December 2013
Prior to joining Standard Chartered Bank, Mr. Nittu worked with Vodacom Tanzania in different capacities in the Legal, Regulatory, Compliance and Corporate Governance Functions from 2005 to 2013, with his last role being Chief Officer Legal & Regulatory.
Between 2000 and 2005 Mr. Nittu worked with Anglo Gold Ashanti, a Mining Company, where he left in the position of Senior Legal Counsel.
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