Stella Rusine Nteziryayo has been appointed as the new Chief Executive Officer (CEO) of the Rwanda Development Bank (BRD), replacing Kampeta Pitchette Sayinzoga, who had served in the role for the past six years.
According to information obtained by IGIHE, Nteziryayo’s appointment was recently approved by the BRD Board of Directors, in line with legal and institutional procedures. She was already a member of the board, a factor that places her in a strong position to lead the institution given her deep understanding of its operations and strategic direction.
Nteziryayo brings extensive experience in financial management, institutional governance, credit oversight, and economic development planning. Her professional background reflects a strong focus on building stable and sustainable financial systems that support long-term national growth.
Prior to her appointment, she worked at the Ministry of Finance and Economic Planning, where she served as Director General in charge of Economic Affairs. In that role, she contributed to the design and implementation of policies aimed at strengthening Rwanda’s economy both in the short and long term.
She holds a Master’s degree in Economics, further reinforcing her technical capacity to lead one of Rwanda’s most strategic financial institutions.
Founded in 1967, BRD plays a central role in financing projects that support Rwanda’s development agenda. Its priority sectors include industrial processing, infrastructure, agriculture, energy, affordable housing, green economy initiatives, and the promotion of exports.
During the six-year tenure of outgoing CEO Kampeta Pitchette Sayinzoga, BRD registered significant growth and transformation. Reports indicate that the bank’s total assets reached approximately RWF 1,000 billion, up from RWF 157 billion in 2019, reflecting strong institutional expansion and improved financial management.
Financial performance data also show that BRD moved from a loss-making position to generating annual profits of around RWF 22.8 billion. In addition, the bank’s loan portfolio grew substantially, rising from RWF 167 billion in 2019—a period marked by the global COVID-19 crisis—to approximately RWF 710 billion today.
This growth highlights BRD’s expanding investment capacity, wider service delivery, and strengthened ability to support Rwanda’s national development goals. With Stella Rusine Nteziryayo at the helm, expectations remain high for continued progress and strategic impact.
Post Comment