CRDB Bank’s new boss outlines growth strategy

Newly appointed CRDB Bank managing director Abdulmajid Nsekela (left) confers with board chairman Ally Laay during a news conference in Dar es Salaam. Mr Nsekela has taken over from Dr Charles Kimei, who has stepped down after 20 years at the helm of Tanzania’s biggest bank. PHOTO | CORRESPONDENT

What you need to know:

  • The new CRDB Bank Plc CEO, Mr Abdulmajid Nsekela, has promised to raise the lender’s profits and deliver increased dividends to shareholders.
  • This, he said, will be achieved through leveraging on digital banking to make services accessible all the time; focusing on small scale enterprises; improving skills of the bank’s manpower and working with the government to ensure that many clients are able to make their statutory payments via CRDB Bank.