NICHOLOUS MKISI
Dar Es Salaam,Tanzania
Summary
Professional with over ten years in banking, specializing in financial markets and investment strategies. Proven expertise in risk management, particularly in funding and capital risk, with a track record of analyzing complex market trends. Recognized for training teams to exceed performance targets and fostering collaboration to achieve objectives. Strong relationship-building skills with clients and stakeholders, consistently delivering results that exceed expectations.
Overview
13
13
years of professional experience
5
5
years of post-secondary education
1
1
Certification
Work history
Director, Treasury
Tanzania Agricultural Development Bank
Dar es Salaam
07.2025 - Current
- To develop and implement comprehensive Treasury strategy aligned with organization's goals and objectives, market conditions and regulatory environment
To optimize bank's liquidity through investments and short-term financing
To lead cross-functional teams and drive strategic initiatives that enhance financial performance and operational efficiency
To identify and assess financial risks, including interest rate fluctuations, foreign exchange exposure and counterparty risk, and develop strategies to mitigate these risks effectively.
To oversee the management of investment portfolios, balancing risk and return
To manage the organization’s debt portfolio, including bond issuances and bank loans, and ensure compliance with debt covenants and agreements
Vice President, ALM - Treasury and Capital Management
Stanbic Bank Tanzania
Dar Es Salaam, Tanzania
06.2024 - 07.2025
- Oversaw management of interest rate risk in banking book (IRRBB) and liquidity risk through evaluation of potential risks and formulation of strategies to reduce exposure to these risks.
- Ensured bank maintained adequate long- and short-term funding while creating optimum funding structure aligned with Tanzanian macro-economic environment.
- Analysed bank's short- and long-term capital requirement and created plan to guarantee sufficient capital to support growth of risk weighted assets (RWA).
- Managed strategic investment of bank's excess funding and liquidity over long and short terms to maximise returns within agreed risk appetite framework.
- Monitored regulatory changes and proactively assessed industry advancements to ensure bank's compliance with applicable regulatory framework from capital and liquidity perspective.
- Measured and analysed performance of assets and liabilities, providing regular updates to Asset & Liability Committees (ALCO) and other key stakeholders.
Head, Treasury Execution
Absa Bank Tanzania
Dar Es Salaam
02.2020 - 06.2024
- Accountable for strategic investment of bank’s surplus funds in both long-term and short-term to attain optimum returns within approved risk appetite.
- Responsible for managing risks related to Interest Rate Risk in banking Book (IRRBB) as well as Liquidity risk by assessing potential risks and develop strategies to minimize exposure to these risks.
- To ensure Bank is adequately funded and to develop funding framework for the Bank by aligning in country Fund transfer pricing principles that are relevant in Tanzania market as well as group approved funding requirements.
- Responsible for evaluation of bank’s long-term and short-term Capital requirements and develop a strategy to ensure Capital is available to meet growth aspiration.
- Regulatory Compliance: To ensure the bank is compliant with applicable regulations in Tanzania from Capital and Liquidity perspective by monitoring changes in legislation and keeping up with industry developments.
- To represent Treasury in country and Regional ALCOs (Asset & Liability Committees) and driving bank’s balance sheet in accordance with the necessary governance rules and guidelines.
Head, Treasury Execution
Barclays Bank Tanzania
Dar Es Salaam
10.2018 - 02.2020
- Accountable for strategic investment of bank’s surplus funds in both long-term and short-term to attain optimum returns within approved risk appetite.
- Responsible for managing risks related to Interest Rate Risk in the banking Book (IRRBB) as well as Liquidity risk by assessing potential risks and develop strategies to minimize exposure to these risks.
- To ensure the bank is adequately funded and to develop funding framework for the bank by aligning in country Fund transfer pricing principles that are relevant in Tanzania market as well as group approved funding requirements.
- Responsible for evaluation of bank’s long-term and short-term Capital requirements and develop a strategy to ensure Capital is available to meet growth aspiration.
- Regulatory Compliance: To ensure the bank is compliant with applicable regulations in Tanzania from Capital and Liquidity perspective by monitoring changes in legislation and keeping up with industry developments.
- To represent Treasury in country and Regional ALCOs (Asset & Liability Committees) and driving bank’s balance sheet in accordance with the necessary governance rules and guidelines.
Senior Dealer, Asset & Liability Management
Stanbic Bank Tanzania
Dar Es Salaam
03.2018 - 10.2018
- Fund transfer pricing (Ftp) analysis and management on different assets and liabilities products to ensure Ftp enhance the right balance sheet behavior.
- Ensure the bank is adequately funded and has funding strategy to meet planned assets and liabilities growth and unanticipated contingencies in other bank’s business units.
- To capture and circulate ALCO minutes and providing ALCO members with timely balance sheet analysis and market information.
- Monitoring and managing bank’s investment portfolio including government securities, local and foreign currency placements by investing at the most profitable rate as well as monitoring Central banks and counter party trade limits
- Optimum management of multiple Treasury risks including liquidity risk, market access risk, maturity concentration risk, price mismatch risk and interest rate risk.
- Compliance with Group and local policies as well as local and group regulators guidelines.
Dealer, Asset & Liability Management
Stanbic Bank Tanzania
Dar Es Salaam
09.2015 - 02.2018
- Optimum management of multiple Treasury risks including liquidity risk, market access risk, maturity concentration risk, price mismatch risk and interest rate risk.
- Day to day and prudent management of liquidity position including Bank of Tanzania current account and bank’s Nostro accounts by maintaining an adequate level funds to adhere minimum required reserve and anticipated outflows.
- Compliance with Group and local policies as well as local regulators guidelines
- Maintenance of bank’s presence in the interbank market to aid funding and investment activities.
- To prepare and report to ALCO a detailed monthly margin analysis (including Cost of funds, T-bill, and other relevant market trends)
- Ensuring cost efficient local and foreign currency funding of the balance sheet positions to manage the bank’s overall cost of funding.
Graduate Trainee - (Finance PBB)
Stanbic Bank Tanzania
Dar Es Salaam
04.2013 - 08.2015
- Reporting of key management information (MI), ensuring data integrity and timely communication to relevant managers
- Provide MI, reporting and query resolution support to Retail/Personal and Business banking including management of segment, all branches, and business unit performance.
- Identify areas of performance shortfall and propose corrective interventions to Retail and Business banking management team.
- Prepare monthly analysis and commentary on products, all branches, segment, and Business unit performance.
- Monitoring of revenue and expenditure against budget of each Business units.
- Perform daily Management accounts review of SAP Trial Balance.
Education
Master of Science - Finance and Investment
Institute of Finance Management
Tanzania 10.2015 - 11.2017
Bachelor - Accounting and Finance
Mzumbe University
Tanzania 08.2008 - 09.2011
Skills
- Risk management proficiency
- Data analytics and interpretation
- Crisis management expertise
- Investment evaluation
- Performance metrics tracking
- Board level communication
- Resource allocation efficiency
- Visionary thinking
Certification
- ACI Dealing Certificate / 2019
- Financial Markets Association (ACI)
LANGUAGES
English: C2 Proficient
Swahili: C2 Proficient
REFERENCES
- Oscar, Mwamfwagasi, Chief Operating officer, +255 767 213 220, Absa Bank Tanzania
- Idd, Davis, Director of Treasury & Markets, +255 754 211 829, CITI Bank Tanzania
- Ivan, Tarimo, Partner, +255 767 211 690, Bankable Tanzania
Timeline
Director, Treasury
Tanzania Agricultural Development Bank
07.2025 - Current
Vice President, ALM - Treasury and Capital Management
Stanbic Bank Tanzania
06.2024 - 07.2025
Head, Treasury Execution
Absa Bank Tanzania
02.2020 - 06.2024
Head, Treasury Execution
Barclays Bank Tanzania
10.2018 - 02.2020
Senior Dealer, Asset & Liability Management
Stanbic Bank Tanzania
03.2018 - 10.2018
Master of Science - Finance and Investment
Institute of Finance Management
10.2015 - 11.2017
Dealer, Asset & Liability Management
Stanbic Bank Tanzania
09.2015 - 02.2018
Graduate Trainee - (Finance PBB)
Stanbic Bank Tanzania
04.2013 - 08.2015
Bachelor - Accounting and Finance
Mzumbe University
08.2008 - 09.2011