Chief Executive Officer
Oscar Mgaya is the Chief Executive Officer of Tanzania Mortgage Refinance Company (TMRC) since April 2013. Oscar joined TMRC in January 2011 as Chief Operating Officer. Oscar has over 20 years of commercial real estate and financial services experience. Prior to joining TMRC, Oscar was Director of Real Estate for Limited Brands in the United States. Oscar previously also worked for JP Morgan Chase, General Electric Company and Merrill Lynch.
Oscar received both his Bachelor of Arts degree in Finance & Management, as well as his Masters of Arts degree in Management from Walsh University. Oscar is a Board Member of the African Union for Housing Finance (AUHF). Oscar is a member of the Executive Committee of the International Union for Housing Finance (IUHF). He is also a Board Member of Watumishi Housing Company (WHC-REIT) and also a Member of the Finance and Investments Committee of the WHC Board. Oscar is also a Board Member of the SGA Security Tanzania Limited.
Tanzania Mortgage Refinance Company (TMRC)
Tanzania Mortgage Refinance Company (TMRC) is a Mortgage Liquidity Facility operating in Tanzania. As a specialised financial Institution that provides long-term funding to financial institutions for the purposes of mortgage lending, the TMRC is a private sector institution owned by Banks and Non-Bank Institutions.