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CPA Oswald Urassa

CPA OSWALD M. URASSA

NON-EXECUTIVE DIRECTOR

CPA Oswald Urassa is a Certified Public Accountant and a fellow member of the National Board of Accountants and Auditors- (NBAA) as well as the Tanzania Association of Accountants (TAA). He studied Accountancy at the University of Dar es Salaam, Tanzania before joining the University of Birmingham, United Kingdom (UK) for his Master’s degree in Business Administration (MBA). He is a Certified Commonwealth Corporate Governance Practitioner and Trainer. CPA Oswald has attended several short courses in the areas of financial reporting, corporate governance, auditing, risk management, capital markets, securities market risk management, and performance auditing organized by the World Bank, International Finance Corporation (IFC), NBAA, Bank of Tanzania (BOT); BSE Securities Exchange (formerly Bombay Stock Exchange) – India; Centre for Corporate Governance in Kenya and the University of Connecticut – the USA among others. He has facilitated some consultancy assignments in the areas of risk management, strategic planning, corporate governance, and preparation of the Board Charter.

CPA Oswald started his career as a Tutorial Assistant with the Institute of Finance Management (IFM), one of the highly respected institutions of higher learning in Tanzania where he rose to the position of Senior Lecturer and Head of Accountancy Department. He moved to Dar es Salaam Stock Exchange (DSE) as the founding Head of Finance and Operations before shifting to NMB Bank Plc as Treasurer of NMB Bank Plc, the largest commercial bank in Tanzania. CPA Oswald joined Tanzania Mortgage Refinance Company Ltd (TMRC) as Chief Finance Officer (CFO) where he is currently working.  He is Non- Executive Director of the Tanzania Portland Cement Plc Board of Directors; and was on the Boards of Rural Energy Agency (REA) [to January 2022]; GEPF Retirement Benefits Fund before the merger of pension funds in July 2018; National Board of Accountants and Auditors Governing Board; Tanzania Association of Accountants (TAA) Governing Board as well as Evangelical Lutheran Church in Tanzania, Eastern and Coastal Diocese Investment Trust Board (ELCT-ECD- ITB).