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corporate governance – National Development Corporation
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Corporate Governance

NDC Corporate Governance

The Corporation is governed by the Board of Directors comprising of non- executives and executive director while day to day operations are managed by Management team. The President appoints The Chairman of the Board and the Managing Director while board members are appointed by the Minister for Industry and Trade. In line with a Performance Agreement with the Minister, the Board provides overall leadership and strategic direction. As such the Board is accountable for the performance of the NDC in carrying out its statutory functions and achieving its objectives.

The Board has delegated some of its powers to its two functional Committees which are The General Function and Corporate Governance Committee and the Audit and Risk Management Committee. However, in order to retain effective control, the Board still retains some powers such as approval of major expenditures and policies.

Address:

P.O.Box 2669, Development House. Kivukoni Front, Ohio St, Dar es Salaam

Email:

info@ndc.go.tz

Open Hours:

Mon-Fri: 7.30am - 4:00pm

Staff Mail