Non-Executive Director Opportunity at DCB Commercial Bank

Professionals with extensive leadership and governance experience now have an excellent opportunity to join the board of one of Tanzania’s established financial institutions. DCB Commercial Bank is currently seeking a dynamic, experienced, and visionary professional to serve as a Non-Executive Director on its Board.

This prestigious role offers an opportunity to contribute strategic oversight and governance leadership in a bank that serves millions of customers across Tanzania. The selected candidate will help shape long-term strategies, strengthen governance systems, and support sustainable growth within the institution.

Why Work with DCB Commercial Bank

Serving on the board of DCB Commercial Bank provides an opportunity to influence the strategic direction of a leading financial institution.

First, the bank has built a strong reputation for supporting individuals, small and medium enterprises, and corporate clients across the country. Moreover, board members play a key role in strengthening governance, overseeing risk management frameworks, and guiding strategic decision-making.

Additionally, joining the board allows experienced professionals to contribute their expertise to a financial institution listed on the Dar es Salaam Stock Exchange, helping ensure transparency, accountability, and sustainable business performance.

About DCB Commercial Bank

DCB Commercial Bank is a fully-fledged retail and commercial bank in Tanzania providing financial services to individuals, small and medium-sized enterprises (SMEs), and large corporate clients.

Since its establishment, the bank has expanded its operations nationwide through an extensive network of branches, Wakala agents, and ATMs. Today, the bank serves over three million customers across Tanzania.

Notably, the bank was listed on the Dar es Salaam Stock Exchange in 2008, marking an important milestone in its growth and commitment to transparency and corporate governance.

Position Available

1. Non-Executive Director (Board Member)

DCB Commercial Bank is seeking a highly qualified professional to join its Board as a Non-Executive Director. The successful candidate will work closely with the Board and management team to provide strategic oversight, governance leadership, and independent judgment on key matters affecting the bank.

Key Duties and Responsibilities

The Non-Executive Director will play an essential role in guiding the strategic and governance direction of the bank. Key responsibilities include:

• Providing leadership and strategic guidance in collaboration with the bank’s management team.
• Facilitating the establishment and strengthening of effective corporate governance structures for bank operations.
• Reviewing and approving key governance policies, annual budgets, and significant expenditures proposed by management.
• Ensuring strategic risks are properly identified and that strong internal controls are implemented to mitigate operational risks.
• Monitoring corporate performance regularly to ensure the bank’s strategic objectives and operational plans are effectively implemented.
• Reviewing and approving material transactions outside the bank’s normal course of business.
• Reporting to shareholders annually as required under the bank’s Memorandum and Articles of Association.
• Participating in decisions requiring shareholder approval during general meetings.
• Selecting, monitoring, evaluating, and determining compensation for senior executives including the Managing Director and Internal Auditor.
• Ensuring ethical conduct and compliance with financial regulations, auditing standards, and internal governance policies.
• Evaluating the board’s effectiveness in fulfilling its governance responsibilities.
• Performing other board functions required under laws and regulations issued by regulators such as the Bank of Tanzania and the Capital Markets and Securities Authority.

Person Specifications

Candidates applying for this position must meet the following qualifications and experience requirements:

Educational Qualifications

• Bachelor’s degree in Banking and Finance, Economics, Audit, Business Development, Law, Human Resources, or related fields.
• A postgraduate qualification in a business-related discipline will be an added advantage.

Experience Requirements

• At least 10 years of experience as a director in a medium or large organization with a proven record of organizational transformation.
• Minimum 3 years of experience serving as a board member or member of a board committee.
• Experience serving on the board of a listed company will be an added advantage.
• Strong understanding of financial management, investment strategy, regulatory compliance, and board governance.
• Experience in banking or regulatory institutions will be considered beneficial.

Additional Requirements

Applicants must also meet the following criteria:

• Demonstrated ability to build and maintain professional networks beneficial to the organization.
• Must not currently serve as a member of management or board of another financial institution whose license has been revoked, cancelled, or placed under liquidation.
• No criminal record.
• No history of bankruptcy, including related parties.
• Clean credit record, including related parties.
• Ability to dedicate sufficient time to attend board meetings and support strategic activities of the bank.

Who Can Apply

This opportunity is best suited for senior professionals, corporate leaders, experienced directors, and governance experts with strong backgrounds in finance, banking, corporate governance, or business leadership.

Candidates who have previously served on corporate boards, regulatory bodies, or large organizations—especially within the financial sector—are strongly encouraged to apply. The bank is particularly interested in individuals with the experience and strategic insight necessary to support long-term institutional growth and regulatory compliance.

How to Apply

Qualified candidates should submit their applications with the following documents:

1. Detailed Curriculum Vitae (CV)
2. Copies of academic and professional certificates
3. Three testimonials or references

Applicants must clearly quote the reference number:

DCB-NED/01/2026

Applications must be submitted via email only to: [email protected]

Application Deadline: 27 March 2026

Please note that hard copy applications will not be accepted.

Final Thought

The Non-Executive Director role at DCB Commercial Bank offers a unique opportunity for experienced leaders to contribute to the governance and strategic growth of a major financial institution in Tanzania.

Therefore, if you have the leadership experience, governance expertise, and strategic insight required for this role, consider submitting your application before the deadline and become part of a board shaping the future of banking in Tanzania.