Management Team

Executive Management

The existing company’s Management structure has the Chief Executive Officer (CEO) 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 Mcharo 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

Melkizedeck 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 Business Administration with Minors in Accounting and Information Technology from the Carthage College Kenosha Wisconsin WI (U.S.A), (2003) and Certificates on various courses in Banking and Leadership. He has an extensive experience in Banking and other financial entities for more than 15 years. His past experience includes being in a number of roles in Retail Banking Acting Branch Manager and Business Development Manager, Relationship Manager in Corporate Banking, Personal Banking and Special Assets Management. Also, Involved in Trade and Treasury Operation as Senior Officer at NCBA Bank Tanzania Limited. Also work at Standard Chartered Bank in retail banking.

Ag. Chief Finance Officer

CPA Salama Mushule is the Ag. Chief Finance Officer, (CFO) of Victoria Finance Plc. She is responsible for providing leadership, direction, and management of the finance and administration team. Salama has an experience of over 9 years in Finance and Accounting, her career journey includes roles as a Finance and Administration Officer at Petro Africa t Ltd, Senior Accountant at Sighman Safari Haulage ltd, and currently serving as the Ag. Chief Finance Officer at Victoria Finance Plc. She holds a Bachelor of Commerce in Accounting (UDOM) and a certification as a Public Accountant (NBAA), she is currently pursuing her MBA at (ESAMI).


Legal & Compliance Office

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.