Frank Mugeta Nyabundege is the Managing Director of the Tanzania Agricultural Development Bank (TADB). Before his presidential appointment, Frank served as Managing Director at Lake Oil Limited (one of East and Central Africa’s fastest-growing energy trading and transportation conglomerates.) and the TIB Corporate Bank (a Tanzanian state-owned commercial bank).
With more than 21 years of experience, out of which 19 have been in the Banking sector, Frank has experience in domestic and international organisations in the banking field where he has worked in regional and multinational banks. He is also a Diplomat with a specialty in Economic Diplomacy and a Certified Director by the Institute of Directors Tanzania (IoDT). Frank is a results-oriented, decisive leader with proven success in managing banking businesses in Tanzania for more than a decade at the senior management level. He has superior interpersonal skills and is capable of motivating and monitoring teams and evaluating their performance through performance management systems by using key performance indicators to achieve the best performance. Frank excels in business strategy formulation and execution.
Frank Mugeta Nyabundege has also served in different government entities as a board member the most recent ones being the High Education Students’ Loan Board and National Ranching Company Limited (NARCO). As Managing Director, Frank also serves as a board member since his presidential appointment in August 2021.
An advocate of scale and impact, Frank is passionate about transforming the agricultural sector from subsistence to commercial.
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