Tanzania, May 18 -- Arusha. Shareholders of CRDB Bank Plc have expressed a desire for Group Chief Executive Abdulmajid Nsekela to remain in office beyond the legally permitted 10-year tenure, citing strong financial performance, dividend growth and expansion under his leadership.

The call was made during the bank's 31st Annual General Meeting in Arusha, where shareholders reviewed the institution's performance and long-term strategy.

Shareholders said the bank had delivered significant value since 2018, when CRDB's share price on the Dar es Salaam Stock Exchange stood at about Sh95. By April 2026, the price had risen to around Sh3,000.

Dividend payments also increased sharply, from Sh5 per share in 2018 to Sh90 per share following the ...