Abdulmajid Mussa Nsekela is the Group Chief Executive Officer (CEO) and Managing Director of CRDB Bank Plc, a position he was appointed to in October 2018. He joined CRDB from National Microfinance Bank (NMB) Plc, where he served as Head of Retail Banking.
At NMB Bank, Nsekela is credited with transforming the Bank’s Retail Banking business by implementing a scalable distribution model, which accelerated the Bank’s expansion through alternative channels, between 2015 – 2018.
Before joining NMB Bank Plc, Nsekela had spent 11 years at CRDB Bank Group, where he served in various leadership roles within the Corporate Banking and Retail Departments.
Nsekela is passionate about leadership, economic empowerment and financial inclusion. Since joining the CRDB Bank Group, he has launched various initiatives to mentor young bank executives into leadership. In 2019, established CRDB Bank SHE INITIATIVE – a mentorship program providing women with financial and managerial skills to empower them into business leadership.
CEOs SHAPING TANZANIA: Peter Situmbeko Nalitolela, Chief Executive Officer, Dar es Salaam Stock ExchangeNsekela serves on various Management Boards, e.g., he is the current Chairman of Tanzania Bankers Association, an umbrella body that brings together players in the Banking industry in Tanzania.
Nsekela also serves as council member to the Tanzania National Business Council (TNBC) and the Tanzania Financial Inclusion National Council; and he’s a member of the boards of Tanzania Private Sector Foundation and Tanzania Mortgage Refinance Company Limited (TMRC).
He holds a Master’s Degree in Business Administration – International Banking Finance (MBA-IBF) and a Post Graduate Diploma in Business Administration (PGDBA) from Birmingham University (UK). He also has an Advanced Diploma in Banking from the Institute of Finance Management (IFM), Tanzania.
