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 will be 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 reputation as a successful financial institution by implementing the right business strategies and economical management of resources.

Description: 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, EOT 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

Requirements: Competencies and Attributes

• 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 Iea4 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.
Tanzanian National only

How to Apply
Interested candidates should send their applications and detailed CVs by eMail: md@postalbank.co.tz

Closing Date: 05 March 2010

TANZANIA POSTAL BANK,
P. O BOX 9300,
DAR ES SALAAM.