About Azania Bank

Azania Bank Limited is the first indigenous private bank in the United Republic of Tanzania, formerly known as 1st Adili Bancorp Limited established in 1995 following the liberalization of the banking sector.


The major shareholders of the Bank include National Social Security Fund (NSSF) 34.8%, Parastatal Pensions Fund (PPF) 30.1%, Public Service Pensions Fund (PSPF) 17.2%, Local Authorities Pensions Fund (LAPF) 14.2%, East African Development Bank (EADB) 2.3% and several indigenous Minority Shareholders including staff holding 1.4% of the shares.


The Bank is currently providing banking services at 17 locations in Tanzania whereby 12 are full branches and 5 are agencies. There are four branches and one agency in Dar es salaam , namely; Masdo Branch along Samora Avenue, Kariakoo Branch along Msimbazi Street, Tegeta Branch along Bagamoyo Road and Mwenge Branch near Mwenge Bus Stand. The agency is at Mawasiliano Towers building on the ground floor along Sam Nujoma Road near Ubungo, it is a premise which also hosts the Bank’s Head office.


In Arusha the Bank has two branches namely Mbauda along Oljoro road and Arusha City located at Wapare Street in City Centre. In Moshi our branch is at Market Street. In Mwanza the Bank has two branches, one at Mwaloni near Mwaloni Fish Market and the other one is at Nkrumah situated along Nkrumah Street in Mwanza. In Shinyanga the bank has a branch at Kahama town Centre and an agency at Kagongwa. The Bank also has a branch at Geita town centre and an agency in Katoro, both in Geita region. The Bank also operates an agency at Lamadi in Simiyu Region located along Musoma road. Azania Bank has also recently extended its services to Tunduma and has opened a new branch along Sumbawanga road and another Agency at Rwagasore Street in Mwanza.


The bank is a shareholder of Umoja Switch Company which has more than 27 member Banks sharing a common EFT Switch and payment infrastructure platform through ATM’s throughout the country. In this shared infrastructure member banks are now implementing additional services like internet banking that will facilitate online fund transfers through accounts in different banks, mobile banking, online air time recharge, utility bill payments and exploring options for institution of gateway to other international networks like VISA, Master Card etc.


Azania Bank Limited being a full commercial bank offers a range of banking services, which includes funds transfers domestically and internationally through TISS, Western union and Moneygram. At Azania Bank Limited Customers can open Current (Business/ Cheque) accounts and various savings accounts for SMEs, Children and students. Azania Bank Ltd offers a wide range of loan products, such as business loans, Consumer loans and Mortgage facilities. The Bank offer attractive interest rates for Fixed deposits accounts.


Azania Bank Ltd is one of the pioneer banks with an equity investment in Tanzania Mortgage Refinance Company Limited (TMRC), an institution created to provide long term financing to member banks to support creation of a vibrant mortgage market in the country.

Vision & Mission

Vision Statement

‘To be a One Stop Financial Center’.


Mission Statement

“Committed to availing freedom of access to a range of quality financial services to our customers using competent and dedicated staff applying appropriate technology”.


The Mission of the Bank is supported by the following ethical framework of the institution.

  • Integrity
  • Innovation
  • Team spirit
  • Commitment
  • Responsiveness

Organizational Structure and Staff Compliment

The Bank has a total staff compliment of 270 employees. The management of the Bank is under the Managing Director who is supported by five (5) functional Directorates namely Directorate of Shared Services, Directorate of Operations, Directorate of Strategies and Business Development, Directorate of Internal Audit, Directorate of Legal Services and Head of Risk. Currently the management summarized profile is as per below:


Acting Managing Director, Mr. Geofrey Dimoso, 38 years old. A qualified Lawyer with Masters of Law in Corporate & Commercial Laws, Bachelors of Law from UDSM. He is a registered practicing advocate in Tanzania. He has over 15 years working experience, out of which 12 years are in Banking Industry. He has headed the Directorate of Legal Services and has been a Company Secretary for over 9 years.


Director of Strategy & Business Development, Ms. Mwanahiba Mzee, 43 years old. 2 MBA Degrees Holder (Hull & Esami). She has 19 years working experience in banks, in various sections of banks including Corporate, SME and Retail banking, Products, Sales and Risk management. She worked with Stanbic Bank Tanzania (6.5 years), Standard Chartered Bank Tanzania (8 years) and Bank of Africa (+4 years). She joined ABL team on 29th February 2016.


Director of Shared Services, Mr. Ernest Mtokoma, 51 years old. A Certified Puplic Accountant with B.Com (Accounting) degree. He has 22 years working experience, out of which 14 years are in Banking Industry. He joined ABL team in 30th November 2015. Prior to joining ABL, he worked in a capacity of Head of Finance & Strategy with Commercial Bank of Africa Tanzania (10 years), as a Management Accountant with BancABC (4 years), Financial Controller at Swiss Agency for Development & Cooperation (2 years), and Senior Accountant with TTCL, Agip Tanzania and D.T. Dobie (T) Ltd.


Director of Operations, Mr. Nurdin Semnangwa, 45 years old. He has Postgraduate Diploma in Scientific Computing and several certificates including but not limited to Project Management, Corporate Government and Disaster Recovery. He has 18 years working experience, out of which 16 years are in Banking Industry. He joined ABL team in October 2015.


Head of Risk Management & Compliance, Mr. Tuntufye Abel, PIOR, 40 years old. He has MBA in Corporate Management (Mzumbe University) and Bcom Finance (UDSM). He is a professional member of the Institute of Operational Risk and an Associate member of the Association of Certified Fraud examiners. He has 16 years working experience, out of which 9 years are in managing risks in Banking Industry. He joined ABL team in December 2015, prior to joining the bank he worked with I&M Bank (T) Limited, CRDB Bank Plc, Akiba Commercial Bank Ltd, National Bank of Commerce Ltd, and National Microfinance Bank Ltd.


Director of Internal Audit, Mrs. Jacqueline Tinkasimile. Holding MBA (Finance), B.Com (Accounting) from University of Dar-es-Salaam, she is an Associate CPA (T), enrolled in CIA certification. She is a member of IIA global and NBAA. She joined ABL on 1st August 2006. She has 14 years working experience in accounting and internal auditing. Other areas of experience and knowledge include processes documentation and internal controls. Previous employers’ experiences include involvement in adoption of IFRS and dealing with serious tax matter with Habib African Bank. While converted IMMMA advocate into automated accounting from manual accounting.


Board Of Directors

No. Name Position in the Board Organization
1. Yacoub M. Kidula Chairman of the Board Representing NSSF
2. Eliud B. Sanga Vice Chairman Representing LAPF
3. Gabriel J. Silayo Director Representing PSPF
4. Arnold B. Kilewo Director Representing Minority
5. Ludovick S. Mrosso Director Representing NSSF
6. Asumpta M. Mallya Director Representing PPF
7. Juliana M. Sweke Director Representing EADB
8. Geofrey N.Domoso Ag. Director Managing Director
9. Charles J. Mugila Ag. Company Secretary Azania Bank Limited


Alternate Directors:

1. John W. Kida Alternate Director Representing LAPF
2. Ibrahim Z. Maftah Alternate Director Representing PSPF
3. Amb. Dorah Mbezi (Rtd) Alternate Director Representing Minority