DCB Commercial Bank

Board Membership Opportunity

Position: Non-Executive Director

---

About DCB Commercial Bank

DCB Commercial Bank Plc is a fully-fledged retail and commercial bank in Tanzania offering banking services to individuals, small and medium-sized enterprises (SMEs), and large corporate clients.

The bank operates an extensive network of branches, Wakala agents, and ATMs, serving over 3 million customers nationwide. DCB has been listed on the Dar es Salaam Stock Exchange (DSE) since 2008.

DCB is seeking a dynamic and visionary leader to join its Board of Directors as a Non-Executive Director.

---

Key Duties and Responsibilities

The Non-Executive Director will be responsible for providing strategic oversight and strengthening corporate governance within the bank. Key responsibilities include:

• Providing effective leadership in collaboration with the executive management team.
• Facilitating the establishment and implementation of appropriate corporate governance structures for the management of the bank’s operations.
• Reviewing, approving, and overseeing corporate governance frameworks, annual budgets, and significant expenditures proposed by management.
• Ensuring that key strategic and operational risks are identified and that effective internal controls and risk mitigation mechanisms are in place.
• Monitoring corporate performance regularly to ensure strategic objectives and operational plans are properly implemented.
• Reviewing and approving material transactions outside the ordinary course of business.
• Reporting annually to shareholders as required under DCB’s Memorandum and Articles of Association, and facilitating decisions at General Meetings.
• Participating in the selection, monitoring, evaluation, and compensation of senior executives including the Managing Director, Internal Auditor, and other executive management members.
• Ensuring ethical conduct and compliance with laws and regulations, auditing and accounting standards, and the bank’s governing documents.
• Assessing the effectiveness of the Board in fulfilling its responsibilities.
• Performing other duties as prescribed by laws and regulatory authorities, including but not limited to the Bank of Tanzania (BoT) and the Capital Markets and Securities Authority (CMSA).

---

Person Specifications

The ideal candidate should possess the following qualifications and experience:

Education

• A Bachelor’s degree in Banking and Finance, Economics, Audit, Business Administration/Development, Law, or a related field.
• A postgraduate qualification in a business-related field will be an added advantage.

Experience

• At least 10 years of experience as a Director in a medium to large organization with a proven track record of transforming organizations.
• More than 3 years of experience as a Board Member, including participation in Board Committees.
• Experience serving on the board of a listed company will be an added advantage.

Professional Competencies

• Strong understanding of financial management, regulatory compliance, corporate governance, and board management.
• Demonstrated investment acumen and strategic leadership.
• Experience in banking or financial sector regulation will be an added advantage.
• Strong networking and relationship-building abilities beneficial to the organization.

Integrity and Compliance Requirements

Candidates must:

• Not be a current member of management or board of another financial institution, or any institution whose license has been revoked or that has gone into liquidation.
• Have no criminal record.
• Have no history of bankruptcy, including that of related parties.
• Maintain a clean credit record, including that of related parties.
• Have sufficient time commitment to attend board meetings and support strategic activities of the bank.

---

Application Process

Qualified candidates who meet the above criteria are invited to submit:

• Application letter
• Detailed Curriculum Vitae (CV)
• Copies of academic and professional certificates
• Three testimonials

📧 Applications must be submitted via email to:
boardssecretary@dcb.co.tz

Reference Number:
Clearly quote DCB-NED/01/2026 in the email subject line.

⚠️ Note:
Hard copy applications will not be accepted.

📅 Application Deadline: Friday, 27th March 2026

---