Invitation for Applications \u2013 Independent Non-Executive Director (CRDB Insurance Company LTD)
\nCRDB Bank PLC, in its capacity as the sole shareholder of CRDB Insurance Company Limited (CIC), invites applications from qualified and experienced professionals for the position of Independent Non-Executive Director (INED) of CIC.
\nCIC is a licensed general insurance company regulated by the Tanzania Insurance Regulatory Authority (TIRA) and forms part of the CRDB Bank Group. The CIC Board is responsible for strategic leadership, oversight of governance, risk management, and ensuring compliance with applicable laws and regulations.
\nMinimum Qualifications & Experience
\nApplicants must meet the following requirements:<\/p>\n
Bachelor\u2019s degree in Insurance, Risk Management, Finance, Accounting, Actuarial Science, Law, ICT, or any related field.
\nPostgraduate qualifications and\/or professional certifications such as ACII, CPA, ACCA, CFA, Certified Director, etc., will be an added advantage.
\nAt least 10 years of relevant senior leadership or board-level experience in insurance, banking, financial services, governance, audit, risk or related fields.
\nStrong understanding of corporate governance principles, strategy and regulatory frameworks.
\nMust meet TIRA fit-and-proper criteria for directors of insurance companies.
\nMust satisfy independence requirements, with no employment, contractual, or other conflict-of-interest relationships with CRDB Bank Group or CIC.<\/p>\n
Key Responsibilities
\nThe appointed Independent Non-Executive Director will be required to:<\/p>\n
Provide independent oversight and objective challenge to CIC Management.
\nContribute to the development of strategy, governance frameworks and risk management.
\nServe on Board Committees as appointed.
\nUphold the highest standards of integrity, ethics and professionalism.<\/p>\n
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