Government Job Opportunities UTUMISHI at TIB Development Bank, August, 2022
Government Job Opportunities UTUMISHI at TIB Development Bank, August, 2022 TIB Development Bank, formerly known as Tanzania Investment Bank (TIB), is the first Development Finance Institution (DFI) established by the Government of Tanzania in 2005.Tracing its history, the bank was established in 1970 charged with the responsibility of facilitating development finance and industrialization policy by providing medium and long-term development finance and investment in the areas of infrastructure and productive sectors of the economy such as commercial agriculture, manufacturing, processing, construction, transport, tourism and mining sectors.
Over time, the Tanzanian government, the sole shareholder in TIB, re-capitalized the bank, re-vamped its strategic development plans and re-structured its management. Following the restructuring of Bank, three distinct, but related institutions were formed. The three institutions, namely, TIB Development Bank Limited - A development finance institution (DFI);
TIB Corporate Finance Limited - A short term financing institution, serving large corporate clients, both public and private, in support of the functions of the DFI and TIB Rasilimali Limited - A registered brokerage company, that purchases and sells corporate bonds on the Dar es Salaam Stock Exchange and also offers investment advice to the Tanzanian government in support of the DFI. The three Institutions form the Tanzania Investment Bank Group or TIB Group and the bank has six branches in 2 Dodoma, Dar es Salaam, Mwanza, Arusha, Mbeya and Zanzibar.
The activities of the bank are regulated and supervised by the Bank of Tanzania (BoT) and the Government of Tanzania is the sole shareholder in the bank.
Please download the file attached below for full job details and mode of application....
Position: MANAGING DIRECTOR (1 POST)
Deadline for application is 13th September, 2022.
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