NMG Director Exits After Serving Nearly a Decade

The Nation Media Group has announced the retirement of Leonard Mususa as a director of the company effective 1^st  October 2024. Mr Mususa joined the NMG board as an Independent Non-Executive Director in March 2015. During his tenure, he served as a member and later chairman of the Audit, Risk and Compliance Committee and as a member of the Human Resources Committee.

Mr Mususa led the transition of the then Finance and Audit Committee of NMG’s Board to become the Board’s Audit and Risk Committee, following the expansion of the committee’s mandate to include Risk, alongside Audit and Finance.

Ms Angela Namwakira, NMG Company Secretary, said in addition to his thought leadership and significant value addition to the board committees and the Board, Mr Mususa has been a most respected and invaluable resource to NMG in Tanzania, where he will continue to serve as Chairman of the Board of Mwananchi Communications Limited, pending transition in due course.

“The board expresses its sincere appreciation to Mr Mususa for his immense contribution to NMG over his tenure and wishes him well in his future endeavours, as he continues to diligently serve both business and community interests across the region,” Ms Namwakira said.

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Meanwhile, Mr David C. Nchimbi has been appointed as an Independent Non-Executive Director of the Nation Media Group Board, with effect from 1^st  October 2024. Mr Nchimbi is currently the Managing Director of Pemandu Associates Limited, a multidisciplinary consulting firm.

Prior to his current role, he worked at Deloitte for over 17 years, where he held various senior positions including Managing Partner, Deloitte, Tanzania, and Leader of the firm’s Financial Services Industry practice across East Africa.

He also served as a member of the Deloitte Global Advisory Council between 2017 and 2019. Mr. Nchimbi previously worked at PricewaterhouseCoopers and later at Standard Chartered Bank, Tanzania, where he served in the position of Head of Risk and Compliance.

He brings to NMG over 23 years’ experience in advisory, accounting, audit, risk management and corporate governance gained while serving in leading global institutions and servicing a broad range of clients in both the public and private sector, across Sub-Sahara Africa.

Mr Nchimbi holds a Bachelor of Science Degree in Computer Science and Mathematics from the University of Dar es Salaam and is a Certified Public Accountant (CPA). “The Board congratulates Mr. Nchimbi on his appointment and wishes him the best in his new role,” Ms Namwakira said.

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