Ruth was appointed as Chief Executive Officer in August 2020 responsible for driving the Bank’s corporate strategy to deliver sustainable business growth.
Qualification: Ruth is an Associate Certified Public Accountant (ACPA (T)) and holds a Master of Business Administration (MBA) in Finance and a Bachelor of Commerce (Hons) degree in accounting both from the University of Dar es Salaam
Career Experience: Ruth started her career at PriceWaterhouseCoopers (PwC) where for a decade, she specialized in the audit of banks and other financial institutions. She rose through the ranks to the position of Associate Director before leaving the firm in 2011 to take up the position of Executive Director Finance and Chief Financial Officer at Standard Chartered Bank. In July 2017, she took on additional responsibilities combining her role in Tanzania with that of Business Finance Lead for the East African cluster, overseeing and leading the Bank’s business finance activities in Tanzania, Kenya and Uganda. Ruth joined NMB Bank from Standard Chartered Bank as Chief Financial Officer in June 2018 and was appointed Chief Executive Officer in August 2020. Ruth is an Independent non-Executive Director at Tanzania Portland Cement Company Limited (TPCC) – the leading cement producing company in Tanzania; a Board Member at Tanzania Port Authority (TPA) and an AGM member at Legal Services Facility, an independent basket fund and nonprofit organization that strives to increase access to justice for all, particularly women, through a legal empowerment approach.
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