Board Directorship at Visionfund Tanzania,Microfinance Bank Ltd

SOURCE: The Guardian 6 June, 2016
BOARD DIRECTORSHIP

POSITION DESCRIPTION:

Visionfund Tanzania,Microfinance Bank Ltd
Board Directorship Position

A part of the World Vision Family and member of the Vision Fund International Network, Vision Fund Tanzania Microfinance Bank Ltd ("VFT MFB") provides microfinance financial products and services to those of limited means; VFT MFB is currently the 4th largest and fastest growing MFB in Tanzania with over 100,000 savings and borrowing clients and TZS 33 billion. Asset Book. The Bank is solidly profitable with a high quality portfolio. VFT MFB is looking for a person to serve in the Board of Directors on volunteering basis.

Duties and responsibilities
To determine the Bank's Mission, Vision and Values
To formulate, monitor and evaluate the Bank's policies and strategies
To oversee the implementation of the Bank's strategy and fundamental goals of the organization.
To oversee and monitor the integrity and effectiveness of the organization’s internal controls and audit procedures.
To monitor on an ongoing basis, the performance and effectiveness of the organisation against the strategic goals arid objectives.
To regularly attend and effectively participate in Board, Committees and other important meetings.

Qualifications

Master’s degree with extensive professional experience of not less than three years Practically speaking this suggests that the individual is a qualified, well-respected senior business leader, (Owner, CEO, and Managing
Director or a Senior Officer of a leading company or non-profit organization) in any of the following sectors;
Banking, Audit and Risk Management, Finance/Accounting, Legal or Business. Regulatory experience is an added advantage.

Other helpful qualities include:
English language fluency (written and verbal).
Good communication skills including public speaking and presentation skills
Must be a resilient,' humble and committed Christian who participates in the worship and life of a local church (a Trinitarian denomination)
Willing to serve on the Board and committee service on a Voluntary basis


APPLICATION INSTRUCTIONS:

Our recruitment and selection procedure includes background checking and vetting from the Central Bank. Interested persons should send application letters explaining why you would like to be on the Board and attach a CV with church and professional references through jtemu@vftz.co.tz by 30th June 2016.
The Bank will contact only short-listed candidates
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