Ethical leadership in running businesses should be nurtured among the country’s youth who will provide future management teams to run companies, a forum of Chief Executive Officers has observed. The CEO of leading companies in Tanzania who met in Dar es Salaam recently under the umbrella of CEO Roundtable said promoting ethical leadership among the youth was vital to ensure sustainable growth and prosperity.
“From inception, the core principal of the CEO roundtable has been ethical leadership for prosperity and growth,” said the Chairman of CEO Roundtable of Tanzania, Ali A. Mufuruki. Mr Mufuruki said business leaders were facing many challenges within their organisations due to lack of ethical leadership.
“The focus of discussion was on examining how leadership within the private sector can help influence the existing workforce to create ethical leaders as well as develop Tanzania’s youth. Panelists from within the CEOrt members who spoke during the event included the Standard Chartered Bank CEO, Liz Lloyd, Mizinga Melu, the Managing Director of National Bank of Commerce (NBC) and Uche Unigwe, Country Manager, Heineken.
In their contributions, Ms Melu and Ms Lloyd shared the initiatives undertaken by NBC and SCB in collaboration with public institutions in providing entrepreneurship and financial skills in schools across the country and community outreach programmes which currently addresses 15,000 youth.
The CEOrt is a policy dialogue forum which was established in 2000 with the objective of creating a platform through which captains of industry could constructively engage the government with the vision of creating a more conducive environment for businesses to prosper and contribute to Tanzania’s economic growth.
The CEOrt brings together over 90 organisations doing business in Tanzania. The members of the CEOrt and the companies they lead account for more than 40 percent of the tax revenue collected by the government of Tanzania.
By DAILY NEWS Reporter