Frank Mugeta Nyabundege

Frank Mugeta Nyabundege is the Managing Director of the Tanzania Agricultural Development Bank (TADB). Prior to his presidential appointment, Frank has served as Managing Director at Lake Oil Limited (one of East and Central Africa’s fastest-growing energy trading and transportation conglomerates.) and the TIB Corporate Bank (a Tanzanian state-owned commercial bank).

With more than 21 years of experience, out of which 19 years have been in the Banking sector, Frank has experience in domestic and international organisations in the field of banking where he has worked in regional and multinational banks. He is also a Diplomat with a speciality in Economic Diplomacy as well as a Certified Director by the Institute of Directors Tanzania (IoDT). Frank is a results-oriented, decisive leader with proven success in managing banking businesses in Tanzania for more than a decade at the senior management level.

He has superior interpersonal skills and capable of motivating and monitoring teams and evaluate their performance through performance management systems by using key performance indicators to achieve the best performance. Frank excels in business strategy formulation and execution. Frank Mugeta Nyabundege has also served in different government entities as a board member the most recent ones being High Education Students’ Loan Board and National Ranching Company Limited (NARCO).

As Managing Director, Frank also serves as a board member since his presidential appointment in August 2021. An advocate of scale and impact, Frank is passionate about transforming the agricultural sector from subsistence to commercial.