His career began in banking, initially at Standard Chartered Bank, specializing in international trade finance. He later took on leadership roles at the National Bank of Commerce (NBC), including Country Head of Treasury and eventually Chief Executive Officer. He also chaired the Tanzania Bankers Association, where he was instrumental in policy discussions affecting the banking sector.
Beyond the private sector, Mafuru has held significant government roles, including Treasury Registrar for the Ministry of Finance and Director of Resource Mobilization at the President’s Office Delivery Bureau. His work in public finance reform has made him a notable figure in Tanzanian economic policy. He is also an active member of the Aspen Global Leadership Network, reflecting his commitment to leadership in East Africa.
Details about Lawrence Mafuru’s early life are sparse in public records, with much of the available information focusing on his impressive career trajectory. He started his career in banking with Standard Chartered Bank in Tanzania, initially working in treasury and corporate services, where he gained substantial experience in finance. Over time, he transitioned to influential roles, including Country Head of Treasury and CEO of the National Bank of Commerce (NBC), and was actively involved in transforming Tanzania’s banking sector.
In addition to his banking roles, Mafuru was deeply involved in public service, eventually becoming the Treasury Registrar within Tanzania’s Ministry of Finance, where he focused on improving government financial management. His dedication extended into leadership initiatives, as he was a fellow of the Africa Leadership Initiative and a member of the Aspen Global Leadership Network, participating in efforts aimed at shaping Africa’s future in various fields.
Lawrence Mafuru Bio Profile
| Attribute | Details |
|---|---|
| Full Name | Lawrence Mafuru |
| Nationality | Tanzanian |
| Profession | Financial Expert, Public Servant |
| Years Active | 2000 – 2024 |
| Known For | Banking, Public-Private Partnerships, Treasury Management |
| Current Position (Before Death) | Executive Secretary, Public Private Partnership Centre (PPPC) |
| Education | Holds relevant degrees in finance and business (specific institutions are not widely documented) |
| Early Career | Began at Standard Chartered Bank as a corporate sales dealer specializing in global treasury and cash management products |
| Notable Roles in Banking | – Country Head of Treasury, National Bank of Commerce (NBC) – CEO and Managing Director, NBC |
| Public Sector Roles | – Treasury Registrar, Ministry of Finance – Director of Resources Mobilization, President’s Office Delivery Bureau |
| Board Memberships | Benjamin Mkapa Foundation, Financial Sector Deepening Trust Fund (FSDT) |
| Professional Associations | – Fellow, Africa Leadership Initiative (ALI-East Africa) – Member, Aspen Global Leadership Network (AGLN) |
| Personal Life | Married to Noela; father of two daughters |
| Death | Passed away on November 9, 2024, at Apollo Hospital in India |
| Legacy | Known for transforming Tanzania’s financial landscape, improving financial governance, and advocating for public-private partnerships |
Lawrence Mafuru Age
Lawrence Mafuru was born in the early 1970s, making him around 50 years old as of 2024. Mafuru was a highly respected figure in Tanzania’s financial and public sectors, holding roles such as CEO of the National Bank of Commerce and Treasury Registrar for Tanzania’s Ministry of Finance. He co-founded Bankable Tanzania, where he served as a managing partner and contributed to Tanzania’s financial growth through various leadership positions.
Unfortunately, Mafuru passed away on November 9, 2024, at Apollo Hospital in India after a period of illness.
Lawrence Mafuru Networth
Lawrence Mafuru’s estimated net worth is approximately $700,000 as of 2024. His wealth is attributed to his extensive career in both Tanzania’s private and public financial sectors, where he held numerous high-ranking roles. These include positions such as CEO of the National Bank of Commerce (NBC), Treasury Registrar in the Ministry of Finance, and co-founder and managing partner of the financial advisory firm Bankable Tanzania. His involvement in these prominent roles and affiliations with key financial institutions has contributed significantly to his financial standing.
Lawrence Mafuru Co-Founder Of Bankable Tanzanian
Lawrence Mafuru is the co-founder and managing partner of Bankable Tanzania, a financial advisory firm that provides consultancy services in areas like investment management, financial restructuring, and corporate governance. Mafuru, a seasoned banker and financial expert, established Bankable to leverage his extensive experience in both the public and private sectors to offer strategic financial solutions in Tanzania. His background includes key leadership positions, such as Chief Executive Officer of the National Bank of Commerce (NBC) and Treasury Registrar in the Ministry of Finance, which gave him a deep understanding of Tanzania’s financial landscape.
Bankable Tanzania, under Mafuru’s leadership, has become known for its commitment to fostering private-public partnerships and supporting sustainable economic growth through financial innovation and advisory services. His expertise has also extended to policy-making and improving financial management practices, making him a respected figure in Tanzanian finance and governance.
Lawrence Mafuru Wife And Personal Life
His dedication to family and his community extended to his involvement in initiatives like the Africa Leadership Initiative and the Aspen Global Leadership Network, reflecting his commitment to positive change not only in Tanzania but across Africa.
Lawrence Mafuru Dead
Lawrence Mafuru, a respected financial expert and public servant in Tanzania, passed away on November 9, 2024. He died while undergoing treatment at Apollo Hospital in India. His death was announced publicly, and condolences poured in from across Tanzania, including from President Samia Suluhu Hassan, who acknowledged his impactful contributions to the nation. Mafuru was known for his roles as Executive Secretary of Tanzania’s Public Private Partnership Centre, co-founder of Bankable Tanzania, and former Treasury Registrar in the Ministry of Finance. His passing was a significant loss to Tanzania’s finance sector and public service.
