Staff Profile



Prof. Josephat D Lotto

Professor / The Rector

About Lotto



Dar es salaam Campus
Department Of Accounting And Finance

josephat.lotto@ifm.ac.tz
rector@ifm.ac.tz
Block A . Third Floor . Rector

Social Media Research Accounts

Josephat Lotto is the RECTOR at the Institute of Finance Management, and a Professor of Finance. Josephat graduated with a PhD in Corporate Governance and Financial Strategies from the UK in 2012. He holds MSc in Finance with Distinction from the University of Strathclyde in the UK. Josephat did his MBA (Finance) at the University of Dar es Salaam between 2003 and 2005 and completed a bachelor’s degree with Honors in Geology from the University of Dar es Salaam in 2002. Josephat is also a certified public accountant with CPA (T) offered by the National Board of Auditors and Accountants. Josephat also holds a Certificate of Proficiency in Oil, Gas, and Mining Governance from Columbia Center of Sustainable Investment in Collaboration with NRGI and WORLD BANK. He also did a High-Level Executive Course on oil, gas and mining offered by the University of Oxford, and attained an associate alumnus status of Oxford University with card number 8-11196495. Josephat sits in the Board of Directors of Petroleum Upstream Regulatory Authority (PURA), the authority which regulates the Oil and Gas Sector in Tanzania. He served as the Chairman of the Legal and Corporate Affairs Committee which he served for 3 years. From 2023 Josephat was appointed the Chairman of Technical Petroleum Operation Committee of PURA. Josephat also serves as a member of Audit Committee of the Petroleum Upstream Regulatory Authority. Professor Lotto also serves in the Board of Akiba Commercial Bank as an independent Director and the Chairman of the Audit Committee of the Bank’s Board. Josephat also serves as Examinations Advisor for the National Board of Auditors and Accountants (NBAA) for over a decade now. Professor Lotto’s research work focuses on Corporate Governance, Financial Regulations and Corporate Financial Strategies. He has published over 50 academic work. Josephat’s work has been featured in high quality international journals indexed in SCOPUS and Web of Science- hosted by the most reputable publishing houses such as Wiley and sons, Elsevier, Francis and Taylor Group and Multidisciplinary Digital Publishing Institute (MDPI). Apart from publishing extensively in both Local and International Academic Journals he is a peer reviewer of several internationally recognized academic journals indexed by SCOPUS and published by highly reputable publishing houses. Some of these journals include, but not limited to, International Journal of Finance and Economics (Published by Wiley and Sons-IEEE Access); African Journal of Economics and Management Studies- (Published by Wiley and Sons-Elsevier); Development Policy Review (Published by Wiley and Sons-IEEE Access); The European Journal of Finance and Journal of Business Economics and Management (Published by ROUTLEDGE: Tailor and Francis Group) , Sustainability Journal and Risks (Published by Multidisciplinary Digital Publishing Institute (MDPI); International Advances in Economic Research (Published by Springer Nature) , Journal of Sustainable Finance and Investment (Published by Taylor and Francis Group ) and Cogent Business and Management, Cogent Economics and Finance (Published by Taylor and Francis Group)


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P.O Box 3918, 5 Shaaban Robert Street
11101 Dar es salaam
+255 22 2112931-4
Fax : +255 22 2112935
rector@ifm.ac.tz