NCBA Tanzania chair says new ED will drive growth for the bank

29Apr 2021
The Guardian Reporter
Dar es Salaam
The Guardian
NCBA Tanzania chair says new ED will drive growth for the bank

THE recent appointment of Julius Konyani as NCBA Tanzania Executive Director will contribute towards rapid growth of the bank’s business activities because of his knowledge, experience and professionalism.

New NCBA Tanzania’s executive director, Julius Konyani.

NCBA Tanzania Chairman, Vinoo Somaiya said in Dar es Salaam last week that Konyani’s broad executive leadership experience will be valuable to the board of directors in their oversight and quality assurance roles even as they execute their business strategy of innovation and growth.

“The board takes this opportunity to welcome and congratulate Julius Konyani on his appointment. Having interacted with Konyani in his previous role, I have come to appreciate his professionalism, intellect and expertise and look forward to see him continuing to make a significant contribution to the future success and growth of NCBA Tanzania,” said Somaiya.

Konyani was until his new appointment, NCBA Tanzania’s Head of Retail and Business Banking where he was instrumental in strengthening and growing its retail business following the merger of NIC and Commercial Bank of Africa (CBA) in 2019. He was also the country project leader for the successful integration of the two banks which gave birth to NCBA effective July 2020.

Commenting on his new role, Konyani said he ready to serve clients and ensure that the bank maintain good performance in the market. ”I’m so humbled and honoured to join the board and equally excited to continue driving NCBA Tanzania present and future growth in my new role,” he said.

“I am confident that working together with the diversified and experienced team within the board, we will continue to be a key financial player in our country and the region,” Konyani who holds a Master’s degree in Business Management and Entrepreneurship from University of Dar es Salaam, added.

As an active alumnae of University of Dar es Salaam Business School and also a certified director by Institute of Directors in Tanzania, Konyani  onboard over 17 years of extensive experience and expertise in banking and management having served in an array of leadership roles in banks locally, including CRDB Bank Plc, NMB Bank Plc, United Bank for Africa (T) Limited and the defunct Commercial Bank ofAfrica- Tanzania.

He takes over from Gift Shoko who has been deployed to NCBA Kenya to take up a new role as Group Director for Regional Subsidiaries. The appointment has been approved by Bank of Tanzania. The NCBA Group was created on 1st October 2019 following approval by Central Bank of Kenya and National Treasury of the merger of NIC Group Plc and Commercial Bank of Africa Limited. NCBA Group operates a network of more than 100 branches in five countries including Kenya, Uganda, Tanzania, Rwanda and Ivory Coast serving over 50 million customers.

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