By Staff Reporter
EXIM Bank Tanzania has announced
the appointment of Anthony (“Tony”) Grant as the bank’s new Managing Director
Grant takes over the position from predecessor
Sabetha J. Mwambenja who retired from the company in December 2010.
Tony is
an experienced banker who launched his banking career in 1980 with Citibank’s
corporate banking business in Congo Kinshasa. He was subsequently assigned to
Europe with Citibank to hold an Africa-wide regional assignment, which saw him
assume responsibilities from Algeria to Angola and from Senegal to Somalia.
With Citibank, Tony has also had retail banking exposure with the bank’s highly
competitive New York City home marketplace.
Upon
leaving Citibank, Tony’s banking responsibilities have subsequently included
duties as chief executive with indigenous African banks in The Gambia, D.R. Congo and Zambia, and in financial services in
Senegal and South Africa. In the ECOWAS zone, his banking peers elected him
President of the 16-country West African Bankers’ Association.
Commenting on his new post, Tony
said, "I am very pleased to join one of the country’s fastest growing banks.
In light of the current economic circumstances, am confident that the Exim Bank
can play a major role in Tanzania’s economic growth.”
He added that his bank is committed
to providing innovative and unique financial products that are based on the
bank’s vast global experience and profound local knowledge.
“I am looking forward to working
closely with Exim Bank’s skilled and dedicated team to continue serving our valued
customers and the Tanzanian market as a whole."
Commenting on the changes the Exim Bank
Chairman Board of Directors Yogesh Manek said Grant’s vast
financial and banking experience will be instrumental in uplifting the bank’s
growth and market share expansion as well as providing guidance during
challenging periods.
"We have an ambitious
objective to be the leaders of innovative products in the Tanzania’s banking
sector. Our zeal for providing unmatched financial services will see us invest
in research to come up with new innovative products,” he said.
