Board of Directors

Meet the people who sit on the Foundation's Board of Trustees responsible for key strategic and policy decisions.

Board of Directors

Ruth Zaipuna

Chairperson

Ruth is currently the Chief Executive Officer (CEO) of NMB Bank Plc responsible for driving the Bank’s corporate strategy to deliver sustainable business growth.

She started her career in 2002 at PricewaterhouseCoopers (PwC) where for a decade she specialized in the audit of banks and other financial institutions. At PwC, she rose through the ranks to the level of Associate Director. Ruth demonstrated great professionalism and technical ability in her work and she was entrusted to lead some of the most complex assignments of the firm.

She left the firm in August 2011 to take up the position of Executive Director Finance and Chief Financial Officer at Standard Chartered Bank. In July 2017, Ruth took on additional responsibilities combining her role in Tanzania with that of Business Finance Lead for the East African cluster, overseeing and leading the Bank’s business finance activities in Tanzania, Kenya and Uganda.

Ruth joined NMB Bank from Standard Chartered Bank as Chief Financial Officer in June 2018. She was appointed to act in the CEO role in October 2019 and ultimately confirmed in the position on August 2020.

Besides her current role, she is also an Independent Non-Executive Director for Tanzania Portland Cement Company Limited (TPCC), the leading cement producing company in Tanzania and listed on the Dar es Salaam Stock Exchange.

Ruth is an Associate Certified Public Accountant (ACPA (T)). She holds a Masters of Business Administration (MBA) in Finance and a Bachelor of Commerce (B.Com) degree in accounting both from the University of Dar es Salaam.