Mr. Augustino Nade Hotayis a Manager at the Bank of Tanzania. Mr. Hotay has extensive experience in banking supervision both under the compliance testing and risk-based supervisory approaches. His current responsibilities include licensing, supervisory policies, regulation and quality assurance. His other areas of experience and interest include corporate governance, financial analysis, prudential regulations, stress testing, risk management, financial reporting, including IFRSs. Mr. Hotay holds a BCom (Accounting) from University of Dar Es Salaam and an MSc (Finance) from University of Strathclyde. He is a Certified Public Accountant (CPA) and an Associate member of the National Board of Accountants and Auditors in good standing. He is also a member of the Tanzania Institute of Bankers and the Institute of Directors in Tanzania.