Hemed Masumai
Dar es Salaam
Summary
Results-driven professional with expertise in capital markets and treasury operations, credit risk assessment, and compliance. Demonstrates a strong track record in business development, revenue growth, and client relationship management, supported by leadership and team management capabilities. Skilled in project and change management with proficiency in Microsoft Office tools and general knowledge of various custodial systems. Committed to delivering strategic solutions that drive organisational success while fostering long-term client partnerships.
Overview
25
25
years of professional experience
2
2
years of post-secondary education
1
1
Certification
Work history
Head of Capital Markets
CRDB Bank Plc, Tanzania
2020.01 - 2026.02
- Seasoned financial services leader with deep expertise in revenue generation, strategic direction, and execution oversight. Proven ability to originate and secure high-value mandates—including M&A, IPOs, and debt/equity offerings—through strong corporate and institutional relationships. Provides senior supervision and final approval on complex, high-risk transactions, ensuring flawless execution, rigorous risk management, and full regulatory compliance.
- Leads and develops high-performing teams across all levels, overseeing recruitment, compensation, promotions, and senior talent retention. Holds full P&L ownership, setting divisional strategy, defining financial targets, and driving operational excellence and cost discipline. Ensures adherence to governance standards, regulatory frameworks, and internal risk protocols while representing the division on firm-wide committees to support strategic alignment and enterprise-level decision making.
Senior Manager, Financial Services
CRDB Bank Plc, Tanzania
2015.01 - 2020.01
- Delivered strategic leadership across securities services and capital markets, driving revenue growth and client expansion through identification of new business opportunities and market trends. Oversaw capital markets initiatives to maximise income generation while ensuring full regulatory compliance and risk mitigation through the review of custodial policies, procedures, and operating manuals.
- Strengthened the bank’s competitive position by monitoring domestic and international market developments and embedding robust AML controls across securities operations. Authorised custodial cash and CDS account openings in line with regulatory standards and internal governance requirements.
- Developed and maintained strong relationships with regulators to support operational efficiency, while building and managing a diversified client base across corporate, individual, and government segments. Consistently enhanced client engagement to ensure alignment between client priorities and the bank’s strategic business objectives.
Manager, Securities Services
Standard Chartered Bank, Tanzania
2010.01 - 2015.01
- Reviewed and enhanced account opening processes to ensure full compliance with AML standards and regulatory requirements. Conducted KYC assessments and evaluated client applications for stock market investments. Monitored client transactions with brokers to support timely clearing and settlement, ensuring operational accuracy and efficiency. Built and maintained strong relationships with clients, stakeholders, and regulators to enhance service delivery and safeguard the bank’s interests.
Manager, Treasury Operations
Standard Chartered Bank, Tanzania
2006.01 - 2009.01
- Developed and strengthened treasury processes, policies, and controls in line with industry best practices and regulatory requirements. Ensured full compliance with internal and external guidelines while overseeing the settlement of FX transactions, interest rate swaps, and other financial instruments. Managed end-to-end transaction processing, including account opening and maintenance, to support efficient and accurate treasury operations.
Senior Credit Officer
Standard Chartered Bank, Tanzania
2004.01 - 2006.01
- Reviewed and analyzed loan applications to assess clients’ financial standing, evaluating credit risks and providing informed approval recommendations. Established payment plans, maintained accurate loan documentation, and conducted regular follow-ups on renewals. Monitored portfolio performance to ensure credit quality, early risk identification, and adherence to lending standards.
Business Development Manager
APTUS SOLUTION, Tanzania
2001.01 - 2004.01
- Led the sales strategy and managed IT services consultants to achieve annual revenue targets, ensuring consistent delivery of weekly performance goals. Developed and strengthened relationships with new and existing customers, driving business growth and expanding the organisation’s market presence.
Education
Masters in Business Administration - International Business
IFM & IIFT
2005.01 - 2007.01
Bachelor of Computer Science - undefined
Mbale University
Mbale, UgandaSkills
- Capital Markets & Treasury Operations
- Credit Risk Assessment & Compliance
- Business Development & Revenue Growth
- Client Relationship Management
- Leadership & Team Management
- Project & Change Management
- Microsoft Office (Excel, Word, PowerPoint)
- General knowledge on different Custodial systems
Certification
- ACI Dealing Certificate, Accra Ghana (2007)
- Securities Industry Certification, Chartered Institute for Securities & Investment (2018)
Languages
Fluent in English and Swahili.
Hobbies & Interests
Reading, Travelling, Listening to music, Sports
Accomplishments
- Led successful acquisition of securities services business from Barclays to Standard Chartered Bank.
- Doubled client base and revenue at CRDB Bank within initial years of role.
- Built strategic business relationships across Africa, including Mauritius, South Africa, and Kenya.
- Facilitated trainings for institutional investors, pension funds, HNIs, and financial intermediaries.
Referees
- Alex, Ngusaru, Director of Treasury and Capital Market, +255 754 777 735, CRDB Bank PLC, P.O.Box 268, Dar es Salaam
- Sabasaba, Kitewita Moshingi, Director General, +255 22 2110621, Tanzania Commercial Bank, P.O.Box 9300, Dar es Salaam
- Zakia, Meghji, Chairman, +255 784 888 888, Mbeya University of Science and Technology (MUST), P.O. Box 22, Mbeya