Management Team

Executive Management

The existing company’s Management structure has the Managing Director (MD) who is the overall manager of the company. He is assisted by the Chief Operations Officer (COO) and the Chief Finance Officer (CFO). The current management team is as follows:

Managing Director

Julius is the current Managing Director of Victoria Finance Plc with over twenty-four years of experience in banking, microfinance and financial markets where he raised leadership ladder to become the Chief Executive Officer of a regional bank. Julius started his career at Standard Charted Bank and later on worked with a number of international and local banks including Citibank, Tanzania Investment Bank and Commercial Bank of Africa at various roles such as Head of trading, Head of Treasury & Institutional banking, Head of Corporate & Investment banking and the Chief Executive Officer. He holds a Bcom. Finance (Hons), MBA, a certificate in Directorship and he is a Certified Public Accountant, CPA (T).

Chief Operations Officer 

Hermenegild is the Chief Operations Officer, (COO) of Victoria Finance Plc. He is responsible for formulating strategies, planning and quality management of loan portfolio. He oversees the operations department which vests the portfolio management functions. He holds Bachelor of Commerce and Management from the University of Dar Es Salaam, (1996) and Certificates on various courses in Banking and Microfinance. He has an extensive experience in Microfinance for more than 15 years His past experience includes being a Chief Operational Officer at Fanikiwa Microfinance Limited

General Manager -Insurance

Elinipa Elias started her career in 2011 as Reinsurance Officer with Insurance Group of Tanzania Limited. She later joined MGen Tanzania Limited in 2013 as Marketing Officer and then promoted to Business Unit Manager from 2015. She holds a Bachelor Degree in Sociology from the University of Dar es Salaam. She is also the holder of CII Certificate from Chartered Insurance Institute ( UK) and still pursuing her Diploma at the same Institute. She is a certified CII.


Ag. Head of Finance

Robert Kapinga is the acting Accountant of Victoria Finance PLC. He is also an Accountant of Victoria Insurance Brokers Ltd (A Subsidiary Company) He was previously working with Pioneer Builders Limited and Newton Trust Company Limited as Assistant Accountant. He holds Bachelor of Science in Accounting and Finance from Ardhi University. He is also the holder of Certified Public Accountant (CPA) with Membership No. 9071. He is competent in the field of Accounting, Finance and Taxation.

Legal & Compliance Officer

Robi Simon Magaigwa is an Advocate of the High Court of Tanzania and the current Legal & Compliance Officer. Has more than eight years of professional legal practice. He worked as Senior Advocate with both RMS Attorneys and FCB Consultancy Limited before joining Victoria Finance. She holds Bachelor of Law from Mzumbe University and a Post Graduate Diploma in legal training and practice from Law School of Tanzania

ICT Officer

Noel Mathew Sumbe is an ICT Engineer and experienced Systems Analyst for over two years. He specializes in network and systems administration and quite knowledgeable in a variety of applications and operating systems. He previously worked both at Aga Khan Foundation and NPK Technologies as IT Officer and System Analyst respectively before joining Vision Max Company as System Analyst. He joined Victoria Finance Plc in October. 2020 as an ICT Officer in charge of all Company’s ICT operations. Noel holds Bachelor of Science in Computer Engineering and IT from the University of Dar es Salaam.