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Maendeleo BANK
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Managment Team

Dr. Ibrahim Mwangalaba (Managing Director)

Dr. Ibrahim Mwangalaba is the founding Managing Director of Maendeleo Bank Plc. He is a Certified Professional Banker by the Tanzania Institute of Bankers.
Dr. Ibrahim is a certified Director by the Institute of Directors, Tanzania. Mwangalaba is a certified trainer and facilitator in leadership and entrepreneurial skills by Joseph Business School (USA) and currently is an instructor at Joseph Business School – Dar es Salaam Centre in partnership with Kingdom Leadership Institute.
He is a coach and mentor to number youths in the country.

Before joining Maendeleo Bank Plc as a Managing Director, he worked with KCB Bank Tanzania Ltd as Head of Operations & Technology, worked with CRDB Bank as a Senior Banking Operations Officer and before joining CRDB, he worked with Mbeya Cement Company Ltd as a Marketing Officer and Stock Controller. He holds an MBA (Finance) and B’com (Marketing) both from the University of Dar es Salaam.

Mr. George Wandwalo (Head of Operations and ICT )

He is a holder of Certificate in Land surveying, Higher Diploma in Computer science, BSC in Computer science, Post Graduate Diploma in Project Management & Certified Microsoft system Engineer (MCSE).

Mr. George Wandwalo is the Head of ICT & Operations, he has extensive experience in Banking for over 13 years & worked in various organizations in the construction industry & ICT companies for 7 years. Prior to Maendeleo Bank George worked with KCB Bank Tanzania Limited as ICT Manager for 8 years and has attended several professional courses locally and internationally.

Mr. Peter Tarimo (Head of Finance )

He is a holder of (C.P.A -T) ,Associate Diploma in Banking, M.Sc. in Supply Chain Management and Procurement from Mzumbe University and B.Sc. in Mathematics and Statistics of the University of Dar es Salaam. He is a member of (IIA), (GARP), (NBAA) and (T.I.O.B).

He has attended various trainings internationally and locally. Mr. Tarimo is the Head of Finance since June 2015. Before joining Finance Team he worked as Internal Audit Manager since the bank establishment in 2013. He has over 13 years’ experience in banking, holding various positions including Finance Manager (Bank of Baroda), Head of Risk Management (DCB), Risk and Compliance Manager (ACB).

Ms Mumi Philip (Head of Credits)

Holder of Bachelor degree in Business Administration from Tumaini University, Iringa College and Master of Science Degree in Finance from Strathclyde University of England

Ms. Mumi Philip is the Head of Credit of Maendeleo Bank. Before joining the bank, she worked for over 10 years as Credit Administrator at Azania Bank where she acquired a solid credit management experience coupled with a strong educational background.

Mr. Richard Mashiku (Head of Human Resource).

He is a Graduate of Social Science; holding Bachelor of Arts in (Public Administration) Hons from the University of Dar es Salaam. Also he attended numerous training around Labour Law, Human Resources Management and Leadership. He is versed with knowledge of transformation and change management.

Mr. Mashiku, who is the Head of Human Resources, is a matured and seasoned Human Resources Management Practitioner with extensive exposure of more than 15 years hands-on experience across diverse key human resources functions. He has exposure in Multicultural environment, banking sector as previously he worked with NMB, NBC and DCB Banks, also he worked in the Mining Sector at GGM and in the Manufacturing industry where his last employer before joining Maendeleo Bank PLC was Kilombero

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  • Head Office : Luther House,
  • P.O BOX 216, Dar es salaam
  • Email: info@maendeleobank.co.tz
  • Toll Free :0800750089
  • Fax : +255 22 211 595
Maendeleo BANK
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