NMB
Reece
Appointment of Ms. Ruth H. Zaipuna
as Chief Executive Officer
The Board of Directors of NMB Bank Plc
(henceforth “NMB” or “the Bank") is
pleased to announce the appointment of
Ms. Ruth H. Zaipuna as the Chief
Executive Officer of the Bank with effect
from 18th August 2020. Ruth, who has
been acting in the role since October
2019, joined the Bank in June 2018 as
Chief Financial Officer (CFO) and has
made significant contribution in
Strategy, governance, cost efficiency, and
overall leadership of the Bank. All these
contributed to the stability, business
continuity, and increased profitability of
the Bank.
As Acting Chief Executive Officer, Ruth has been instrumental during the
transition period and a key player in the growth realisation of NMB. Now, with
full responsibility of the leadership of the bank, she will continue to drive the
strong performance agenda of NMB towards a sustainable delivery of its
strategic objectives.
Ruth started her career in 2002 at PriceWaterhouseCoopers Limited (PwC),
specialising in the audits of commercial banks and other financial institutions
for a decade; and with Standard Chartered Bank as an Executive Director
Finance and CFO for seven years before joining the Bank.
She is an Associate Certified Public Accountant, holds a Master of Business
Administration (MBA) in Finance and a Bachelor of Commerce (B.Com) degree in
Accounting, both from the University of Dar es Salaam
The Board, Management, and Staff of NMB take this opportunity to
congratulate Ruth on her appointment.
Op.
Dr. Edwin P. Mhede
Board Chairman