Board Of Directors

The Board of Directors has attracted directors who have shown great commitment and enthusiasm in involving themselves in the affairs of the Bank and who have demonstrated the spirit and ethos of the organization. The Directors have supervised the delivery of dramatic growth over the years, with the Bank continuing to deliver strong financial performance. The Board has provided leadership to the Bank to become an all inclusive bank providing accessible and affordable financial services and in the process generating great shareholder value. All Board members are vetted before appointment to take into account professional qualifications, integrity and track record.

The Board also conducts a self evaluation exercise in keeping with highest international standards. The evaluation focuses on the role and responsibility of the Board, structure, composition, functions and processes, information, meetings among other critical areas.

The Board has established seven Board committees to assist in guiding the direction of the bank. These are Audit, Credit, Risk management & ALCO, Governance, Nominations and Staff Remuneration, Tendering & Procurement, Strategy & Investment, Executive Committees. All the committees are governed by charters setting out their mandates and authority.


Mr. Ansell holds a Bachelors degree in Mathematics from the University of North Carolina at Wilmington, another Bachelors degree in Finance from the Thunderbird Graduate School of International Management and an Advanced Management Degree (AMP) from the Wharton School of Business. David R. Ansell was appointed as a Director of Equity Bank in 2012, and also serves as the Chairman of the Board of Directors of Equity’s 100% owned subsidiaries in Uganda, Rwanda, and Tanzania. He also chairs the Board of Directors of Equity Investment Bank Ltd. During his working career from 1968-2001; he served in various assignments at Citibank in the Emerging Markets, including 16 years in Africa. His last assignment before retiring was as President of Citibank Russia. From 1989-1991, Mr Ansell left Citibank and served as Managing Director and the first CEO of Ecobank Transnational Inc, located in Lome, Togo, but he rejoined Citibank thereafter.



Mr. Namara has over 15 year of experience as a Senior Private Sector Development specialist. He has extensive track record in Strategy, Leadership and Programme Management, Finance and Communications. Hannington is currently the Chief Executive Officer & Managing Director of Equity Bank Rwanda. Before joining the Bank he was the Country Director of TradeMark East Africa – Rwanda Country Programme leading a large ($65 Million) Trade Facilitation and Regional Integration Programme. Prior to joining Trademark in 2012, Hannington served as the Chief Executive Officer of the Rwanda Private Sector Federation, an umbrella organization that coordinates, promotes and represents the interests of the Business community in Rwanda. He worked with Commercial Bank of Rwanda (BCR) - a private commercial bank where he served the bank for over eight years in various capacities including heading the bank’s corporate banking division, marketing and business development functions. He also served as a senior officer in charge of Special Projects at the Rwanda Investment Export Promotion Agency (RIEPA-now known as Rwanda Development Board). Hannington is a graduate of Makerere University Business School with a degree in Business Administration – Finance and has received various trainings in corporate banking, credit, structured finance and hold several positions of responsibility in Boards of Parastatals and Corporates. Hannington is a Fellow of the fourth class of the Africa Leadership Initiative-East Africa and a member of the Aspen Global Leadership Network.



Mrs. Rutagwenda holds a Bachelor of Commerce degree from Makerere University, Kampala and is a Certified Public Accountant. She previously worked as the Auditor General for the Republic of Rwanda, as the Secretary General of Uganda National Chamber of Commerce and Industry (UNCCI), consultant/project accountant in Decentralization Secretariat (Institutional Capacity Building Project), Ministry of Local Government, Uganda, and also as Chief Auditor at UCA Auditing Services among others. Mrs Rutagwenda spearheaded the formation of the Institute of Certified Public Accountants of Rwanda (ICPAR). She chaired the Steering Committee that was charged with organizing the accounting profession in Rwanda and subsequently served the Institute in various capacities including, Chairperson of the Interim Governing Council, Ex Officio, and elected member of the Governing Council. She is currently the Vice – Chair, Board of Directors, Rwanda Development Board and also serves on the Board of Directors of Victoria Motors Rwanda.


Prof. Musahara has more than 30 years experience as an academic, researcher and consultant. He holds a PhD in Development Studies from University of Western Cape in South Africa. He is currently Executive Director of OSSREA (the Organization for Social Science Research in Eastern and Southern Africa based in Addis Ababa, Ethiopia. He was formerly Dean Faculty of Economics and Management 2005, Director of University Consultancy Bureau 2008, Director of Planning and Development 2010 Acting Vice Rector Academics in 2011-2012 at the former National University of Rwanda. He was until April 2014 an Associate Professor in the College of Business and Economics of University of Rwanda. Besides teaching Development Economics, Poverty Analysis and Research Methodology at post graduate level he has researched, consulted and published in several fields of the social sciences including poverty analysis, human development, environment, land and land use, governance, post conflict transitions including Post Genocide, entrepreneurship, SMEs, value chains and agricultural development. He has led projects for the Government of Rwanda, UNDP, UNEP, World Bank, USAID, Nile Basin, ASARECA,FAO to mention but a few. Before the current position he was Vice President of OSSREA, member of Board of Institute of Policy Analysis and Research (IPAR) Rwanda, coordinator of African Technology Policy Studies network, member of the Advisory Academic Council of the Global MDP coordinated from Columbia University and Focal Point of the UN Sustainable Development Solutions Network Great Lakes.

Mrs. Rugamba is the founder and Managing Director of Songa Africa, one of the leading Luxury tour companies in East Africa specializing in luxury tours, consultancies and lodges. She has been actively involved in Travel and Tourism for the past 22 years beginning with Euro Star in UK, and then as the sales and Marketing Manager, British Airways in Uganda, before returning to her native Rwanda to spearhead the revitalization of the Tourism Industry as Director General of Rwanda tourism (ORTPN) and later as Deputy CEO of Rwanda Development Board (RDB). She is the President of Tourism in the Women Chamber and Board member of Women Chamber -Private sector Federation. Mrs. Rugamba’s other responsibilities include serving on the Boards of Trade Mark East Africa (TMEA), Sonarwa-Insurance Company, African Parks Network-South Africa and she also serves as special advisor to the Secretary General of the United Nations World Tourism Organisation (UNWTO) on sustainable tourism in Africa. Rosette holds a BA (social sciences) Political science and sociology from Makerere University, studied strategic Marketing in UK and is an Aspen fellow -Ali East Africa class of 2010.




Dr. Mwangi holds five Honorary doctorate degrees in recognition of his contributions to the Kenyan society. He holds a Bachelor of Commerce degree and is a Certified Public Accountant. James has been honoured twice with Presidential national awards; he was vested the First Class Chief of the Order of the Burning Spear (CBS) national decoration-the highest presidential award to a civilian, for outstanding contribution in economic development as well as the Moran of the Burning Spear. He was named the World Entrepreneur of the Year by Ernst & Young in 2012, the Forbes Africa Person of the Year in 2012 and is a holder of the 2007 Global Vision Award. He is currently the Chairman of Kenya’s Vision 2030 Delivery Board charged with the responsibility of ensuring Kenya becomes a middle income country with global high standards of living by the year 2030. He serves on several international bodies as an advisor. He is a Board member of the Africa Leadership Academy in South Africa, the Global Alliance for Food Security and Nutrition among others and is the Chancellor of Meru University College of Science and Technology. He has wide experience in the banking industry and inclusive finance.



Dr. Uwizeye holds a Degree of Doctor of Business Administration (DBA) from the Edinburgh Business School- Heriot- Watt University, UK; Masters of Science (MSc) in Strategic Planning from the same University; MBA in Financial Management from the University of Hull, UK; Masters in Communications Management (MCM) from Coventry University, UK. He is a Certified Public Accountant (CPA) and a member of both the Institutes of CPA Kenya and Rwanda, and is also an affiliate member of the Institute of Risk Management UK; and Associate Member of Kenya Institute of Management. Dr. Uwizeye has over 28 years of working experience as business management professional at senior level positions. He worked with MTN Rwanda in various positions including Chief Finance Officer (CFO), and the General Manager in charge of Business Risk Management. He also worked in Kenya with AACC in Nairobi, and held senior positions of the Director of Finance and Administration and the Chief Accountant. Currently, Dr. Uwizeye is the Managing Director of BPU Consulting Ltd, the company he founded. He has been engaged as Consultant for a number of major companies and other institutions in Rwanda in areas of Enterprise Risk Management, Internal Audit Assurance strengthening and mentoring on the latest methodologies, Corporate Governance, Competitive Strategies and Financial Management.



Mr. Staley has a Masters of Science in Applied and Computational Mathematics and a Bachelor of Science in Physics. He also holds a Bachelor of Commerce degree and is a qualified Chartered Accountant. A specialist in implementing cost effective ICT solutions, John worked as the CEO of Credit Indemnity (Pty) Ltd in South Africa before joining Equity Bank. He has been actively involved in the use of mobile phones to provide financial services since 1998.



Mrs. Wamae holds an LL.B. degree from the University of Nairobi, Masters in Leadership, Innovation and Change from York St. John’s University, UK, a Diploma in Law from the Kenya School of Law and is a Certified Public Secretary (Kenya) (CPS Registration Number 1753). She is an Advocate of the High Court and holds a Post Graduate Diploma in Gender and Development and has over 13 years of private practice experience.


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