Board Executive Committee
The Committee aids the Board in discharging its oversight functions in accordance with the company's Articles of Association. The Committee exercises the authority of the Board in managing the company's operations and affairs during the periods between Board meetings, wherein action by the Board is required or advisable, but calling a special Board meeting is neither justified nor feasible.
|
Name |
Position |
|
|
1 |
Juma Kisaame |
Chairman |
|
2 |
Ramadhani Mwikalo |
Member |
|
3 |
Giriraj Jadeja |
Member |
Board Audit, Risk and Compliance Committee
The committee supports the Board in executing its oversight responsibilities pertaining to the integrity of the bank’s financial statements and the financial reporting processes, including systems of accounting, financial controls and reporting; the performance of the Internal Audit, Risk, and Compliance Functions; and the oversight responsibilities associated with the planning and execution of audits.
|
Name |
Position |
|
|
1 |
Clement Mwinuka |
Chairman |
|
2 |
Benson Mahenya |
Member |
|
3 |
Sophia Kongela |
Member |
Board Human Resources & Remuneration Committee
The committee's principal function is to assist the Board of Directors in executing its oversight responsibilities to shareholders by ensuring the establishment of appropriate Human Resources policies and strategies that equip NMB with the capability to achieve both its short and long-term business objectives. This encompasses recruiting high-caliber talent, training and developing employees, and maintaining a high-performance culture and employee engagement that will propel organizational success.
|
Name |
Position |
|
|
1 |
Ramadhani Mwikalo |
Chairman |
|
2 |
Hendrick Reisinger |
Member |
|
3 |
Giriraj Jadeja |
Member |
|
4 |
Prof. Sylivia Temu |
Member |
Board Credit Committee
The Committee assists the full Board and provides oversight in managing credit risk by continuously reviewing the credit portfolio, credit standards, and credit policy.
|
Name |
Position |
|
|
1 |
Hendrik Reisinger |
Chairman |
|
2 |
Juma Kisaame |
Member |
|
3 |
Giriraj Jadeja |
Member |
|
4 |
Prof. Sylivia Temu |
Member |
Board Committee Meetings
The Board meets quarterly, with additional meetings convened as and when necessary. During 2024, the Board and its committees met to discuss and decide on the business activities. The number of meetings held over the course of the year is given in brackets:
- Board of Directors (23)
- Board Executive Committee (4)
- Board Audit Risk and Compliance Committee (12)
- Board Human Resources and Remuneration Committee (6)
- Board Credit Committee (12)
