CRDB Bank Plc

DAR:CRDB Stock Report

Market Cap: TSh7.0t

CRDB Bank Management

Management criteria checks 2/4

CRDB Bank's CEO is Abdulmajid Nsekela, appointed in Oct 2018, has a tenure of 7.75 years. directly owns 0.015% of the company’s shares, worth TZS1.04B. The average tenure of the management team and the board of directors is 6.8 years and 6.5 years respectively.

Key information

Abdulmajid Nsekela

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure7.8yrs
CEO ownership0.01%
Management average tenure6.8yrs
Board average tenure6.5yrs

Recent management updates

Recent updates

New Narrative • Jul 05

Is the Market Underestimating CRDB?

T Is the Market Underestimating CRDB? Most investors I speak to view CRDB as a dividend stock.
New Narrative • Apr 14

Critical analysis of CRDB Bank Tanzania (DSE: CRDB).CRDB Bank Tanzania — Critical Investment Analysis

CRDB Bank Tanzania — Critical Investment Analysis Current Stock Snapshot (April 2026) CRDB is currently trading at TZS 2,840 on the Dar es Salaam Stock Exchange, with a market cap of approximately TZS 7.42 trillion and 2.61 billion shares outstanding.  Over the past 52 weeks, the share has ranged from TZS 790 to TZS 3,140 — a staggering 243% one-year gain.
New Narrative • Apr 13

CRDB Bank's Earnings expected to grow 24.55% C.A.G.R to 2030

CRDB's Net Operating Income is projected to grow 21.96% YoY between 2026 - 2030, driven by strong credit appetite from Tanzania and Burundi, and exponential revenue growth from newly issued subsidiaries CRDB Insurance and CRDB Congo, as well as robust non-funded income growth from its digital platforms as usage continues to surge, and diversification towards other financial services solidifies. A positive jaws between gross income and operating expense growth expected to hold during the projected period as subsidiaries become more profitable and staff productivity continues to surge resulting in a projected earnings growth of 24.55% C.A.G.R between 2026 - 2030.
New Narrative • Nov 09

A 30% ROE Bank Trading at 6x Earnings

CRDB Bank delivered a strong Q3 2025 performance with profit after tax of TZS 506.1 billion (9-month cumulative), representing a 27% YoY growth. At the current market price of TZS 1,170 per share , the stock appears moderately valued with a P/E ratio of 15.73 and solid fundamentals supporting continued growth.

CEO

Abdulmajid Nsekela (54 yo)

7.8yrs
Tenure

Dr. Abdulmajid Mussa Nsekela has been the Chief Executive Officer and Managing Director of CRDB Bank Plc since October 1, 2018 and is a Ex-officio member. Dr. Nsekela rejoined the CRDB Bank Plc on October...

Leadership Team

NamePositionTenureCompensationOwnership
Abdulmajid Nsekela
CEO, MD & Ex-officio member7.8yrsno data0.015%
TZS 1.0b
Fredrick Nshekanabo
Chief Financial Officer7yrsno datano data
Bruce Mwasenga
Chief Operations Officer6.5yrsno datano data
Edward Mpina
Director of Information & Communication Technologyless than a yearno datano data
Rachael Metta
Head of Executive Administration & Sustainability Alignmentno datano datano data
Hilda Rwanshane
Senior Manager of Investor Relationsno datano datano data
James Mabula
Director of Risk & Compliance7.5yrsno datano data
Pascal Mihayo
Director of Legal Services & Company Secretaryno datano datano data
Joseline Kamuhanda
Head of Marketingno datano datano data
Godfrey Rutasingwa
Director of Human Resources4.1yrsno datano data
Tully Mwambapa
Director of Corporate Affairs & Public Relationsno datano datano data
Alexander Ngusaru
Director of Treasury & Capital Marketsno datano datano data
6.8yrs
Average Tenure
54yo
Average Age

Experienced Management: CRDB's management team is seasoned and experienced (6.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Abdulmajid Nsekela
CEO, MD & Ex-officio memberno datano data0.015%
TZS 1.0b
Xavery Makwi
Director of Credit & Member of Sharia Advisory Boardno datano datano data
Jes Klausby
Non-Executive Director8.7yrsTSh88.00mno data
Donald Mmari
Vice Chairperson of the Boardless than a yearTSh50.00m0.0032%
TZS 224.0m
Neema Mori
Board Chairperson9.2yrsTSh103.00mno data
Judika King'ori
Independent Non-Executive Directorless than a yearTSh43.00mno data
Faustine Bee
Non-Executive Director8.2yrsTSh86.00m0.0016%
TZS 111.3m
Fredy Msemwa
Non Executive Director7.1yrsTSh86.00m0.00048%
TZS 33.6m
Abdul Mohamed
Non Executive Director & Chairman of Sharia Advisory Board7yrsTSh86.00m0.000090%
TZS 6.3m
Miranda Mpogolo
Independent Non Executive Director6.1yrsTSh80.00mno data
Gerald Kasaato
Non-Executive Director5.2yrsTSh88.00mno data
Moses Dulle
Non-Executive Director1.5yrsTSh78.00mno data
6.5yrs
Average Tenure
53.5yo
Average Age

Experienced Board: CRDB's board of directors are considered experienced (6.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/22 22:48
End of Day Share Price 2026/07/22 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

CRDB Bank Plc is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Muammar IsmailyEFG-Hermes Research
James StarkeSBG Securities (Proprietary) Limited