Letshego Bank express commitment in improving services
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Letshego Bank Tanzania CEO, Thabit Ndilahomba gestures as he
makes presentation during launch of TIMIZA AKIBA (Past event). The recently
appointed CEO is committed to extending Letshego’s reach and enhancing their
value proposition for customers, staff and other valued stakeholders in
Tanzania which is in line with Letshego Group’s regional strategy.
By Special Wrtier
Letshego Bank Tanzania has expressed its commitment to serve
Tanzanians especially, financially underserved micro and small entrepreneurs
with simple and accessible financial solutions.
The Bank’s newly appointed Chief Executive Officer Mr Thabit
Ndilahomba said in Dar es Salaam yesterday that extending Letshego’s reach and
enhancing the bank’s value proposition for customers, staff and other
stakeholders is one of his priorities. “In line with Letshego Group’s regional
strategy, Letshego Tanzania offers simple and accessible financial solutions
that focus on the needs of individuals, as well as micro and small
entrepreneurs,” he said.
Thabit Ndilahomba, CEO Letshego Bank Tanzania added, “I am
excited about the opportunities that my new role presents in delivering a
strategy that not only enhances Letshego’s brand and reputation in Tanzania,
but also stands to bring further value and benefits to one of our most
important stakeholders, our customers,”
“By increasing access to appropriate financial solutions and
encouraging our customers to use their funds for productive purposes, Letshego
aims to support the growth of economically active members in the local
economy,” Formerly, the Chief Financial Officer FINCA, Mr Thabit plans to bring
to his new role a valuable understanding and appreciation for the financial
dynamics and performance of the business as a whole.
On his part, Letshego’s Group CEO, Smit Crouse said Mr
Thabit’s local experience gained from multiple growth sectors in Tanzania, as
well as his financial skills and background position him well in delivering
Letshego’s strategic ambition for Tanzania. “Letshego remains committed to
Tanzania while progressing in its ambition towards providing solutions that
create opportunity and flexibility for both individuals and small businesses,
across Tanzania,” he said.
Prior to joining Letshego, Thabit worked for FINCA
Microfinance Bank where he held various senior positions including Chief
Finance Officer and Chief Accountant. Thabit’s career also includes tenure with
the RENCO Group, where he was Chief Accountant and Chief Financial Analyst.
Thabit commenced his career as a Tax Assessor at the Tanzania Revenue
Authority.
Since taking up his role at the helm, Thabit Ndilahomba
announced Letshego’s recent strategic partnership with Airtel Tanzania and
Jumo, a savings option entitled ‘Timiza Akiba’. This innovative savings
solution aims to promote a local savings culture by enabling customers to save
money in their mobile wallets,
incentivizing committed customers with rewards and interest, even on low
account balances.
Letshego in Tanzania has more than 240 employees, offering
credit, savings and transactional solutions to individuals as well as small and
micro entrepreneurs, with a special focus on affordable housing, education and
health sectors.
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