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Board of Directors

The Board of Directors has attracted directors who have shown great commitment and enthusiasm in involving themselves in the affairs of the Bank and who have demonstrated the spirit and ethos of the organization. The Directors have supervised the delivery of dramatic growth over the years, with the Bank continuing to deliver strong financial performance. The Board has provided leadership to the Bank to become an all inclusive bank providing accessible and affordable financial services and in the process generating great shareholder value. All Board members are vetted before appointment to take into account professional qualifications, integrity and track record.

The Board also conducts a self evaluation exercise in keeping with highest international standards. The evaluation focuses on the role and responsibility of the Board, structure, composition, functions and processes, information, meetings among other critical areas.

The Board has established seven Board committees to assist in guiding the direction of the bank. These are Audit, Credit, Risk management & ALCO, Governance, Nominations and Staff Remuneration, Tendering & Procurement, Strategy & Investment, Executive Committees. All the committees are governed by charters setting out their mandates and authority.

  • https://tz.equitybankgroup.com/RAYMOND PETER MBILINYI




    Raymond holds a BSc Engineering and an MBA (Marketing). He is a professional Engineer, a certified Project Manager, Transportation specialist and a Professional Marketer with over 20 years of professional experience in Africa. He has gained extensive experience in conducting a wide range of assignments in both public and private organizations. Prior to being appointed as Executive Secretary of TNBC, he was the Acting – Executive Director of Tanzania Investment Centre (TIC), First Project Director of Dar Rapid Transit (DART) at Dar es Salaam City Council and Network Development Manager – Retail of BP (T) Ltd and Vice President of World Investment Promotion Agencies Association (WAIPA). He is a Board Member in Swiss port Tanzania PLC, Tanga Cement PLC, Tanzania Industries Licensing Board – BRELA and Tanzania Private Sector Foundation (TPSF). Raymond is also Vice Chairman of the National Hunting Block Allocation Advisory Committee under the Ministry of Natural Resources and Tourism.

  • https://tz.equitybankgroup.com/ROBERT KIBOTI




    Robert holds a Bachelor’s Degree in Economics and Administration from Maharshi Dayan University, India. He has attended several professional courses in banking and finance both locally and internationally. He has over 24 years’ experience in banking, where he has held various leadership positions. Before joining Equity Bank Tanzania, he was the General Manager in charge of Equity Supreme Centre. Prior to joining Equity Bank, he was in Industrial Development Bank, where he worked for 7 years in various capacities. Robert joined Equity Bank in May 2005.


  • https://tz.equitybankgroup.com/GODFREY SIMBEYE




    Godfrey holds a Bachelor of Commerce and Accounting degree from the University of Dar es Salaam and is a qualified accountant (ACCA). He has a Master of Science degree in Information Systems Management and Technology from the University of Strathclyde in the UK He is currently the Executive Director of Tanzania Private Sector Foundation (TPSF). He has a strong background in Business and Financial Management and has more than 17 years of experience in consultancy and management of finance functions. Godfrey is a member of the Boards of African Capacity Building Foundation (ACBF) based in Zimbabwe, Tanzania Bureau of Standards (TBS), Tanzania Investment Centre and Tanzania AIDS TRUST Fund.

  • https://tz.equitybankgroup.com/DINO STENGEL




    Mr. Stengel holds a Bachelor of Commerce Degree from Rhodes University. He joined Achelis in Bremen, Germany in 1997 and is currently the Managing Director of Achelis (Tanganyika) and shareholder of Joh Achelis & Söhne. He has had over 20 years of cross functional experience within the group in Eastern and Southern Africa. In Tanzania he is an active executive committee member of the Young Presidents Organisation, has chaired the German Business Association and founded the European Union Business Group in 2012. He is also a member of various local and International committees.



  • https://tz.equitybankgroup.com/MARY WAMAE




    Mary holds a Master’s degree in Leading Innovation and Change from York St. John University, UK, a Bachelor of Laws degree from the University of Nairobi and a Diploma in Law from the Kenya School of Law. She is a Certified Public Secretary (Kenya) and member of The Institute of Certified Public Secretaries of Kenya (ICPSK), Law Society of Kenya, Women Corporate Directors and the Kenya Section of International Commission of Jurists. She is a graduate of Advanced Management Programme (Strathmore - IESE Business School, Barcelona Spain) and Advanced Management Programme at Harvard Business School. She is an Advocate of the High Court of Kenya and holds a Post Graduate Diploma in Gender and Development. She has over 14 years’ experience in private legal practice.




  • https://tz.equitybankgroup.com/JAMES MWANGI, CBS




    James holds five honorary doctorate degrees from various universities, including Jomo Kenyatta and Kenyatta University. He holds a Bachelor of Commerce degree and is a Certified Public Accountant. He has wide experience in the banking industry including finance. He is a recipient of the First Class Chief of the Order of the Burning Spear (CBS), the Moran of the Burning Spear (MBS) and Head of State Commendation (HSC). He was named the World Entrepreneur of the Year by Ernst & Young in 2012, the Forbes Africa Person of the Year in 2012 and is a holder of the 2007 Global Vision Award. He was also recognized as the 2015 Ai40 CEO of the year. He was named the Banker of the Year during the 4th Banker Africa - East Africa Awards 2017. James serves on several international bodies as an advisor such as the Nairobi Advisory Board of Columbia Global Centres. He is a Board member of the Economic Advisory Board of the IFC, the Africa Leadership Academy in South Africa and the Global Alliance for Food Security and Nutrition. He is the Chancellor of Meru University College of Science and Technology and serving as the Chairman of Kenya’s Vision 2030 Delivery Board.


  • https://tz.equitybankgroup.com/REUBEN MBINDU




    Reuben holds a BSc. in Computer Science from Germany and is a full member of the Institute of Human Resource Management in Kenya. He has over 31 years work experience, most of which has been in the Banking sector as a human capital specialist. He joined Equity Bank in 2013 from Standard Chartered, where he had served at senior management levels in Human resources for over 15 years. He has also worked in other sectors including public sector (UNEP), consultancy (Deloitte) and ICT (Siemens, Germany). He has also held other senior positions including Head of Corporate Affairs - Standard Chartered, East Africa and Chairman of the Standard Chartered Nairobi Marathon. Reuben is currently the Chief Officer, Human Capital and Administration.



  • https://tz.equitybankgroup.com/PROF. AHMED AME




    Ahmed holds a Doctor of Philosophy (Ph.D) in Business Administration from the University of Dar es Salaam; a Licentiate in Business Administration from UMEA University in Sweden; an MBA (with a bias in Production and Operations Management) from the University of Dar es Salaam and a B.A –Statistics (Hons) from the University of Dar es Salaam. He also holds a Statistical training Diploma, with specialization in computer programming and data processing from the International Statistical Education Centre in Calcutta, India. He is an Associate Professor in Business Administration at the University of Dar es Salaam Business School (UDBS). He has undertaken various research projects in the area of banking and is a member of various local and international committees.

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