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.

EVELYN KAMAGAJU RUTAGWENDA

EVELYN KAMAGAJU RUTAGWENDA

NON-EXECUTIVE CHAIRPERSON

Mrs. Rutagwenda holds a Bachelor of Commerce degree from Makerere University, Kampala and is a Certified Public Accountant. She was appointed as a Director of Equity Bank Rwanda Limited in 2012, and also serves on the Boards of Directors of Equity Bank Uganda Limited and Equity Group Holdings Limited. 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.

HANNINGTON NAMARA


HANNINGTON NAMARA

MANAGING DIRECTOR

Mr. Namara has over 15 years of experience as a Senior Private Sector Development specialist. He has an extensive track record in Strategy, Leadership and Programme Management, Finance and Communications. Hannington is currently the Chief Executive Officer and 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 (RIEPAnow 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.

HERMAN MUSAHARA

PROF. HERMAN MUSAHARA 

NON-EXECUTIVE DIRECTOR

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.

JOANNA BICHSEL

JOANNA BICHSEL

NON-EXECUTIVE DIRECTOR

Mrs. Bichsel holds a Bachelors degree in Computer Science with Honors from Queen’s University in Canada. She is the CEO and Co-Founder of Kasha, Inc. in Rwanda, a mobile E-commerce company for women’s health. Prior to founding Kasha, she was the Principal Technology Advisor for Global Development at the Bill and Melinda Gates Foundation focusing on Technology, Strategy and Investments across Africa and Asia. She also worked as an engineer, business leader and a manager of an international cybersecurity team at Microsoft Corporation headquarters for 11 years.

 DR. PATRICK UWIZEYE

DR. PATRICK UWIZEYE

NON-EXECUTIVE DIRECTOR

Dr. Uwizeye holds a Degree of Doctor of Business Administration (DBA) from the Edinburgh Business SchoolHeriot- 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 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.

 

JAMES MWANGI

JAMES MWANGI, CBS

NON-EXECUTIVE DIRECTOR

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 was also recognized as the 2015 Ai40 CEO of the year at the 8th Annual Africa Investor (Ai) CEO Investment Summit held in New York .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.

MARY WAMAE

MARY WAMAE

SECRETARY TO THE BOARD

Mrs. Wamae holds a Master’s degree in Leading Innovation and Change from York St. John University, UK, a Bachelor of Laws degree from the University of Nairobi, Diploma in Law from the Kenya School of Law. She is a Certified Public Secretary (Kenya) and member of The Institute of Certified Public Secretaries of Kenya (ICPSK), Law Society of Kenya and the Kenya Section of International Commission of Jurists. She is a graduate of Advanced Management Programme (Strathmore - IESE Business School, Barcelona Spain). She is an Advocate of the High Court of Kenya and holds a Post Graduate Diploma in Gender and Development and has over 14 years private legal practice experience. She joined Equity in 2004.

 


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