Julius Justin Ruwaichi

Julius Ruwaichi is a seasoned banking executive with over 24 years of experience in leadership, finance, strategy execution, and risk management. He currently serves as the Chief Executive Officer of Selcom Microfinance Bank Tanzania (formerly Access Microfinance Bank Tanzania/AccessBank Tanzania), where he is leading the bank’s transformation following shareholding changes, driving digital innovation, and strengthening strategic growth. Under his leadership, the current bank transitioned from loss-making to profitability, underwent structural realignment, and enhanced operational efficiencies.
After his first career spanning five years with PwC, his banking career has included senior roles in Finance at Standard Chartered Bank, the National Bank of Commerce (NBC), and NCBA Bank (formerly NIC Bank), with a focus on financial governance, corporate strategy, and risk management.
Senior member/Fellow of Association of Chartered Certified Accountant (FCCA), Julius holds an Executive MBA from ESAMI, a BSc in Applied Accounting from Oxford Brookes University, and a BSc in Engineering from the University of Dar es Salaam. He is also a graduate of the CEO Apprenticeship Programme coordinated by Tanzania’s CEOrt and Strathmore University and a member of the Institute of Directors Tanzania. His proficiency in digital transformation, business growth, regulatory compliance, and stakeholder engagement positions him as one of the key leaders in Tanzania’s financial sector.

Hardworking and passionate candidate with strong organizational skills eager to secure C-Suite position. Ready to help team achieve company goals.

Transformational Leadership:

Led end-to-end institutional turnarounds, reversing sustained losses and steering the bank toward consistent, sustainable profitability through decisive strategic and operational shifts.

Boardroom Influence:

Over 11 years of board-level leadership, shaping corporate direction, strengthening governance, and enabling cross-functional alignment to achieve long-term organizational objectives.

Strategic Relationship Building:

Established and nurtured a strong ecosystem of regulatory bodies, industry partners, and strategic stakeholders, enhancing institutional credibility and unlocking new business opportunities.

Cost Leadership & Workforce Optimization:

Championed a targeted workforce-rightsizing program that reduced operating costs by over 15% while safeguarding productivity and service quality.

Financial Control & Governance Strengthening:

Designed and institutionalized enhanced financial governance frameworks, significantly improving financial discipline, transparency, and organizational resilience.

Operational Efficiency & Expense Management:

Led high-level HR and operational cost negotiations, delivering measurable and recurring reductions in non-interest operating expenses.

Product Growth & Market Penetration:

Successfully drove the onboarding and rollout of major deposit and credit solutions, accelerating customer acquisition and revenue growth.

Digital & Core Systems Transformation:

Oversaw the successful implementation of the new Core Banking System and Accounting Package as Country Project Coordinator, enabling operational modernization and digital scalability.

Industry Recognition:

Recipient of Standard Chartered Bank’s Gold Award – CEO Jitihada Awards, recognizing exceptional leadership and performance excellence.

Innovative Financial Partnerships:

Introduced and operationalized strategic finance partnerships, elevating decision-making, financial stewardship, and enterprise-wide financial literacy.

Executive Leadership Development:

Graduate of the CEO Apprenticeship Programme (CAP) by CEOt, combining engineering expertise with strategic financial leadership.

• FCCA, Association of Chartered Certified Accountants
• Member, Institute of Directors Tanzania
• Graduate, CEO Apprenticeship Programme, Strathmore University Business School, 1st Cohort.
• Member, Graduate Engineers – Tanzania

• Professionalism, Integrity, Excellence, Responsiveness, Leadership, Ownership.
• Highly motivated by excellence, enthusiastic about achievements, and passionate about creativity.

• Strategic Leadership Program
• Effective Coaching and Change Management
• Balance Sheet Management
• Corporate Governance, AML.
• Q12 Surveys by Gallup
• Performance Management
• Leveraging Business Excellence
• Effective Communication
• Introduction to Basel II & III

• Christopher, Mageka, Managing Partner, christopher.mageka@innovexdc.com, +255 715 540949, Innovex Auditors, Dar es Salaam, P.O. Box 75297, Dar es Salaam, +255 22 2664099
• Theobald, Sabi, Managing Director, Theobald.Sabi@nbctz.com, +255 7544 772839, NBC Bank Tanzania Limited, Sokoine Drive & Azikiwe Street, Dar es Salaam, Tanzania, P.O. Box 1863, Dar es Salaam, Tanzania
• David, Nchimbi, Former Managing Partner, +255754310319, Deloitte Tanzania, Dar es Salaam, P. O. Box1559,Dar es Salaam, +255 22 2116006