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CPA OSWALD M. URASSA

CPA Oswald Urassa studied Accountancy at the University of Dar es Salaam, Tanzania before joining the University of Birmingham, United Kingdom (UK) for his Masters in Business Administration (MBA). He is Certified Public Accountant and a Fellow Member (FCPA) of the local Accountancy Body (the National Board of Accountants and Auditors- NBAA) as well as Tanzania Association of Accountants (TAA). He is Certified Commonwealth Corporate Governance Practitioner and Trainer as well as Certified Financial Educator (CFE) by the Bank of Tanzania (BOT). CPA Oswald has attended several short courses in the areas of financial reporting, corporate governance, auditing, risk management, capital markets, strategic management, securities market risk management and performance auditing organized by the World Bank, International Finance Corporation (IFC), NBAA, Bank of Tanzania (BOT); BSE Securities Exchange (formerly Bombay Stock Exchange) – India; Centre for Corporate Governance in Kenya and University of Connecticut – USA among others. He has facilitated some consultancy assignments in the areas of risk management, strategic planning, corporate governance and preparation of Board Charter.

CPA Oswald started his career as Tutorial Assistant with the Institute of Finance Management (IFM), one of the highly respected institutions of higher learning in Tanzania where he rose to the position of Senior Lecturer and Head of Accountancy Department. He moved to Dar es Salaam Stock Exchange Plc (DSE) as the founding Chief Finance Officer and Head of Operations before shifting to NMB Bank Plc as Treasurer, the largest commercial bank in Tanzania. CPA Oswald later joined Tanzania Mortgage Refinance Company Ltd (TMRC) as Chief Finance Officer (CFO) from 2011 to July 2024. He is currently Senior Partner, Diamond Financial Services, an audit and advisory firm based in Dar es Salaam.  He is a Non- Executive Director of the Tanzania Portland Cement Plc Board of Directors and NICOL Investments Plc (both companies are listed at the DSE).  He is also a member of the Board of Directors of AMREF Health, Tanzania Office as well as CRDB Bank Plc Foundation (CBF). He previously served as Non-executive Director at Rural Energy Agency (REA);  a Trustee at the GEPF Retirement Benefit Fund for nine (9) years before the merger of pension funds in July 2018; Governing Board Member, National Board of Accountants and Auditors Governing Board; Chairman of the Tanzania Association of Accountants (TAA) Governing Board as well as Chairman of the Evangelical Lutheran Church in Tanzania, Eastern and Coastal Diocese Investment Trust Board (ELCT-ECD- ITB).

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The Chairman

African Finance and Management Thinkers Institute
P.O.BOX 10080, Arusha 6TH FLOOR, PAPU HOUSE, Arusha, Tanzania

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+255-738-271-812

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