Started his career in banking in 1995 with Bank of Tanzania as Bank Examiner where he worked for five years. He then joined Akiba Commercial Bank (ACB) in June 2000 as a Credit Manager. A year
1995 -Bachelor of Commerce and Management-University of DSM
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1998-1999-Master of Commerce[Banking and Finance-University of Sydney
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November 2010 Present (1 year 11 months)
Rished joined TMRC as first CEO of bank for mortgage refinance.
Established by commercial banks with support from World Bank and BoT to promote mortgage lending in Tanzania
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Public Company; 10,001+ employees; BARC; Financial Services industry
November 2009 November 2010 (1 year 1 month)
Overseeing finance function for east and west africa for Barclays PLC
Public Company; 10,001+ employees; BARC; Financial Services industry
January 2007 December 2009 (3 years)
responsible for running and promoting Barclays banking business in Tanzania.
Public Company; 10,001+ employees; BARC; Financial Services industry
January 2006 December 2006 (1 year)
responsible for overseeing credit risk, operational risk, legal & compliance, finance, Operations and IT functions with five direct reports. Responsibilities include overseeing all bank operations with exception of front office functions, responsible for designing and implementing bank strategic plans, management of regulatory relationship and managing all risks both financial and non financial. Responsible for delivery of improved governance through risk management, controls and compliance; ensure the Company's reputation with external stakeholders such as regulators, auditors and tax authorities is enhanced.
April 2005 December 2005 (9 months)
seconded from Barclays Tanzania with the following key responsibilities :-Business Performance- Identify high values at stake strategies for the business, Review and Monitor the Country's Performance, Support overall Country Budget Approval Process & Resource Allocation, Challenge Functional Budgets and Strategies to ensure timing and fit with the Overall Business Model, Support the Development of balance Sheet Management. Establish and embed leadership values, behaviors and risk appetite that underpin the achievement of business objectives, Coach others towards effective performance development and excellent Barclay's behaviors.
Public Company; 10,001+ employees; BARC; Financial Services industry
September 2001 March 2005 (3 years 7 months)
responsible for management of all financial matters of the company, regulatory liaison, formulation and implementation of the bank's strategic plans and company secretarial work.
Public Company; 501-1000 employees; Banking industry
June 2001 September 2001 (4 months)
ULC Tanzania) responsible for ensuring financial statements and reports produced from the accounting system comply with internationally recognized accounting standards & Banking and Financial Institutions Act, development of an internal control system. Attending all tax matters, advising the Chief Executive on the financial matters of the Company
June 2000 June 2001 (1 year 1 month)
Tanzania, responsible for overseeing the activities of the Lending Department including preparation and presentation of Credit Analysis Reports to the Board. Directing and controlling the work of Credit Officers in the department, advising the board about new products and performance of the existing portfolio.
November 1997 February 1998 (4 months)
to the Parastatal Sector Reforms Commission (PSRC) responsible for divestiture of National Bank of Commerce (NBC).
Other Training
Involved in various leadership training organized by Barclays including Talent Development, Leadership in Changing World by Robert Cooper and many many
September 1996 October 1996 (2 months)
Philadelphia-study computerization of Bank Supervision Information System.
Oct. 1995 - : Microsoft Excel, Word, PowerPoint, MS-Access and Publisher. System designs and development of Bank Supervision Information System (BSIS) at the Bank of Tanzania.