
Frank Mugeta Nyabundege is the Managing Director of the Tanzania Agricultural Development Bank (TADB). He was appointed as Managing Director by the President of the United Republic of Tanzania on the 5th of August 2021.
Prior to his appointment, he served as Managing Director for Lake Oil Limited, one of East and Central Africa’s fastest-growing energy trading and transportation conglomerates.
He also served as the Managing Director for a state-owned commercial Bank, TIB Corporate Bank and commercial banks such as KCB, CBA and Standard Chartered.
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Frank offers over 21 years of hands-on experience and leadership in banking and other industries such as energy trading and transportation. His experience ranges from having worked for regional and multinational banks.
Frank has 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 of TADB.
He holds Masters in Business Administration, postgraduate diplomas in Leadership and Economic Diplomacy from AALTO University in Finland and Centre for Foreign Relations, respectively. Frank is also a Certified Director by the Institute of Directors Tanzania.