Abdulmajid Nsekela

Abdulmajid Nsekela

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Abdulmajid Nsekela is the Group CEO of CRDB Bank, a leading financial institution in Tanzania, known for its innovative approach and resilience over 30 years. Under his leadership, the bank has expanded its operations to Dubai as part of its anniversary celebrations, aiming to enhance trade and investment opportunities between East Africa and Asia.

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Dr Abdulmajid Nsekela is the Managing Director of CRDB Bank.

CRDB Insurance shines at ATI Bima awards
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2026-05-31
7.0

Dr Abdulmajid Nsekela is the Group Chief Executive Officer of CRDB Bank, whose leadership has significantly increased the bank's share price and shareholder value.

CRDB Bank shareholders content with Nsekela’s leadership
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2026-05-27
9.0

CRDB Group chief executive officer Abdulmajid Nsekela said the agreement reflects a shift towards sector-specific financing that takes into account the operational realities of mining.

CRDB, mining commission ink MoU to boost small-scale miners’ access to capital
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2026-02-24
7.0

CRDB Bank Managing Director, Abdulmajid Nsekela, said the programme bridges international climate finance with young entrepreneurs.

Hope as CRDB unveils Sh500m fund for youth eco-innovators
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2026-02-13
8.0

Abdulmajid Nsekela, Group Chief Executive Officer and Managing Director of CRDB Bank Plc, noted that women made up 44 per cent of the bank’s workforce.

From recognition to impact: The evolution of The Citizen Rising Woman Initiative
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2026-02-02
8.0

Abdulmajid Nsekela said the bank’s strong 2025 performance was driven by business growth, operational efficiency and innovation.

How Tanzanian banks earned Sh2.47tr in net profits in 2025
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2026-02-02
8.0

Group CEO Abdulmajid Nsekela emphasized that CRDB Bank's Dubai expansion was about completing a vision linking global capital and Tanzania.

CRDB Bank opens Dubai office to channel global capital into East and Central Africa’s economy
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2026-01-22
8.0

Group chief executive Abdulmajid Nsekela discussed the strategic importance of the Dubai office.

CRDB Bank’s new Dubai office to link East, Central Africa to global financing
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2026-01-22
8.0

Abdulmajid Nsekela is the Group Chief Executive Officer of CRDB Bank and emphasized the importance of sports in the bank's strategy.

CRDB Bank Supa Cup 2025 winners crowned in Arusha
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2026-01-15
9.0

Abdulmajid Nsekela is the CEO of CRDB Bank Group who emphasized the importance of public education on insurance.

Over 1,000 customers back on their feet as CIC pays Sh5bn in claims
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2025-12-05
9.0
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Wilson Mnzava
Wilson Mnzava

Mr Abdulmajid Nsekela, CRDB Bank Group chief executive officer, stated that the growth is broad-based and driven by strong market demand.

Credit expansion hits record high as banks push deposits to the edge
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2025-12-03
7.0

CRDB Bank Group CEO Abdulmajid Nsekela said the project aligns with CRDB’s goal of promoting inclusive and sustainable development through digital innovation and strategic financing.

CRDB, Bpifrance grant Zanzibar Sh115 billion for land management system
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2025-10-28
8.0

Abdulmajid Nsekela is the Group Chief Executive Officer of CRDB Bank who formalized the partnership agreements.

CRDB seals Sh300bn deals to boost SMEs, housing loans
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2025-10-20
8.0

Mr Abdulmajid Nsekela was recently invited to participate in the US–Africa Business Forum.

CRDB Bank defends core system upgrade as ‘crucial, necessary’
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2025-10-03
8.0

Abdulmajid Nsekela is the Group CEO of CRDB Bank.

CRDB Bank secures record $200m loan as global lenders oversubscribe facility
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2025-10-03
8.0

Abdulmajid Nsekela is the managing director of CRDB Bank Plc and announced the successful completion of the bank's core system upgrade.

CRDB completes core system upgrade ahead of expansion
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2025-09-09
9.0
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Bruce Mwile
Bruce Mwile

Abdulmajid Nsekela is the Managing Director of CRDB Bank and spoke at the launch of CRDB Al Barakah Sukuk.

CRDB Bank Al Baraka Sukuk: A secure investment opportunity with returns of up to 12 percent
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2025-09-04
8.0

CRDB Bank Chief Executive Officer Abdulmajid Nsekela highlighted that this sixth edition of the marathon coincided with the bank’s 30th anniversary, further amplifying its impact across Tanzania and the region.

CRDB Marathon raises Sh2 billion for child heart surgeries, maternal care and youth projects
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2025-08-17
8.0

CRDB Bank Group CEO and managing director Abdulmajid Nsekela said the Sukuk underscores the lender’s belief that finance must be inclusive and aligned with people’s values.

CRDB Bank targets at least Sh30 billion and $5 million from Sharia-compliant bond
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2025-08-11
8.0

CRDB Group CEO and managing director, Abdulmajid Nsekela, attributed the growth to effective execution of the bank’s 2023–2027 medium-term strategy.

Tanzania’s commercial banks post Sh1.2tr profit in six months
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2025-08-07
8.0
Also mentioned
Andrew Mlingi
Andrew Mlingi

Abdulmajid Nsekela attributed the growth to effective execution of the bank’s 2023–2027 medium-term strategy.

Tanzania’s commercial banks post Sh1.2tr profit in first half
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2025-08-07
8.0
Also mentioned
Andrew Mlingi
Andrew Mlingi

Abdulmajid Nsekela is the chief executive of CRDB Bank who mentioned the bank's investment in advanced technological solutions to enhance fraud detection.

Why forgery, counterfeiting are leading financial crimes in Tanzania
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2025-07-23
7.0

Tanzania Bankers Association representative, Mr Abdulmajid Nsekela, cautioned that the proposed tax could particularly harm the banking sector.

Tanzania’s private sector says fiscal proposals in 2025/26 budget undermine reinvestment
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2025-06-23
5.0

Mr Abdulmajid Nsekela is the CEO of CRDB Bank who signed the loan agreement for school construction in Zanzibar.

Zanzibar schools to get major facelift with CRDB’s Sh240bn loan
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2025-05-22
8.0

CRDB Bank Group CEO Abdulmajid Nsekela said the bank’s transformation has been driven by digital investments and a focus on customer-centric innovation.

Tanzania Vice President urges banks to embrace AI, boost cybersecurity
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2025-05-16
8.0
Also mentioned
Philip Mpango
Philip Mpango

Abdulmajid Nsekela is the group CEO and managing director who revealed the bank's profit growth.

CRDB board proposes 30 percent dividend rise
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2025-05-15
9.0

Abdulmajid Nsekela announced that the Group’s profit after tax had surged by 30.3 percent to reach a record Sh551 billion in 2024.

CRDB Bank’s pledge after strong 2024 performance
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2025-05-07
9.0

Tanzania Cooperative Development Commission chairperson Abdulmajid Nsekela emphasized the vision for cooperatives to become self-sustaining businesses.

Fresh hope for agriculture as Samia launches Cooperative Bank
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2025-04-28
6.0

Abdulmajid Nsekela is the CEO of CRDB Bank Group and chairs the newly-appointed Tea Board of Tanzania.

How Tanzania plans to revitalise its tea industry
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2025-04-08
7.0

Mr. Abdulmajid Nsekela states that they have improved their balance sheet and strengthened customer deposits.

CRDB Bank: Trailing on President Samia’s exalted leadership prints with pride
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2025-03-24
8.0