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TDB RE-AFFIRMS ITS COMMITMENT TO BUSINESS CONTINUITY,
AND IS REPOSITIONING FOR A STRENGTHENED RESPONSE TO THE
COVID-19 PANDEMIC. WE ARE JOINING FORCES WITH VARIOUS
INTERNATIONAL AND AFRICAN PARTNERS TO REDOUBLE EFFORTS
IN CONTAINING AND MITIGATING THE PROFOUND HEALTH
AND SOCIO-ECONOMIC IMPACTS IN OUR REGION.
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A STRENGTHENED RESPONSE TO THE COVID-19 PANDEMIC

THE TRADE & DEVELOPMENT BANK IS AN
AGILE INSTITUTION; A GLOBAL & REGIONAL
CONNECTOR, AND A DYNAMIC
VALUE CREATOR

WE STRIVE TO BE AT THE
FOREFRONT OF EXTENDING
DEVELOPMENT CAPITAL AND SERVICES
TO ADVANCE REGIONAL GROWTH
AND INTEGRATION

WE SYNERGIZE WITH OUR
ECOSYSTEM; ENSURING THAT
ALL OUR PROJECTS PRIORITIZE AND
COMPLY WITH ENVIRONMENTAL
STIPULATIONS

WE’RE ENERGIZED WITH THE RECOGNITION
AS 2019 AFRICAN BANKER OF THE YEAR,
AND THE JOINT WINNER OF THE 2019
INFRASTRUCTURE DEAL OF THE
YEAR AWARD

WITH EXCITING FINTECH
INNOVATIONS, WE’RE LEAPING
FORWARD WITH GREATER
EFFICIENCY

LIKE THE VIBRANT WILDEBEEST,
WE NAVIGATE THE AFRICAN
SAVANNAH; WEATHERING THE
ELEMENTS AND ENRICHING THE
CIRCLE OF LIFE AS WE GO FORTH.

35 years of advancing and integrating Eastern and Southern Africa

Investment Grade Breakdown

Graph 4 Evolution of Total Assets

Our Projects

TDB provides funding to both sovereigns and corporates, covering all sectors of the economy.

Our People

TDB Group President Emeritus and Managing Director

Admassu Tadesse

Mr. Tadesse has over 20 years of executive and board experience in specialist and corporate banking, and other financial sectors, and served as CEO of TDB from 1 April 2012 until 1 April 2022. He was appointed as President Emeritus & TDB Group MD by the Board of Governors in September 2020 and has since assumed his new group level role, following the appointment of a CEO to assume leadership of the banking operations of TDB Group. In his current role at TDB Group, Mr. Tadesse is responsible for capital and asset management at TDB Group level, as well as governance and functional support to TDB Group subsidiaries and strategic business units. He also serves as Chairman of the TDB Group Executive Management Board.

Prior to TDB, he worked at the Development Bank of Southern Africa (DBSA), where he served for ten years, responsible for international finance and investment, as well as corporate strategy, among others. Much earlier in his career, he served in management and technical capacities with international funds and development agencies, mainly out of New York and Johannesburg.

He currently serves on various industry bodies, including the International Development Finance Club, the Finance in Common Summit, and the United Nations (UNDP) Africa Influencers for Development Group, as well as the boards of directors of the US Corporate Council on Africa and the Financial Sector Deepening Ethiopia. Previously, he served on the executive committees of the Association of African Development Finance Institutions and the Southern Africa Development Community DFRC. He has also been a member of several business professional bodies, such as the institute of bankers in South Africa, Kenya and Mauritius, among others. He has also served on other boards of directors of various financial institutions in Africa and Europe, including Proparco and FISEA in France, the Commonwealth Fund for Infrastructure and Gulf Africa Bank among other investment funds, insurance companies and reinsurance companies.

Mr. Tadesse holds an MSc from the London School of Economics and Political Science, and an MBA from Wits Business School, in addition to a BA degree from Western University in Canada, and advanced executive and leadership training in advanced management, banking and private equity from Harvard Business School, Euromoney and INSEAD.

TDB CEO

Michael Awori

Mr. Awori has over 20 years of experience in investment banking, mergers and acquisitions, leveraged finance and corporate banking and has advised and executed over $20 billion of Capital Markets, M&A and financing transactions. Prior to his appointment at TDB, he was the Regional Head of Debt Finance, East Africa at Barclays, responsible for originating, structuring and executing corporate and sovereign debt transactions.

Prior to Barclays, Mr. Awori advised on corporate finance and mergers & acquisitions for Global Industrials clients at Citigroup in Chicago. Earlier, he spent nearly a decade in various roles with JPMorgan in Chicago. Mr. Awori holds a Master of Business Administration from the University of Chicago’s Booth School of Business and a Bachelor of Arts from Goshen College.

TDB Group Deputy Managing Director and Chief Risk Officer

Joy Ntare

Ms. Ntare joined the Bank in April 2014 with over 26 years of experience in accounting and finance. She was previously employed by the Central Bank of Rwanda for 20 years in several capacities including as Director General for Financial Stability and Director of Supervision of Non-Bank Financial Institutions.

She also worked at the Tanzania Electric Supply Company. Ms. Ntare holds Advanced Diploma in Accountancy and a MBA from Cardiff Business School, University of Wales. She is a member of the Association of Chartered Certified Accountants (UK) and the Institute of Certified Public Accountants of Rwanda (ICPAR)

TDB Group Deputy Managing Director and General Counsel

David Bamlango

Mr. Bamlango has over 13 years of extensive experience as a lawyer in the finance and commercial banking sectors. Prior to his appointment, Mr. Bamlango was a Partner in the Finance Group at DLA Piper LLP (US) in Chicago, in the United States.

His practice was focused on domestic and cross-border financing transactions, including leveraged finance, project finance, debt capital markets, structured finance, and derivative transactions. He represented financial institutions, private equity funds, real estate funds, and corporate borrowers, in addition to serving on a number of firm management committees. Previously Mr. Bamlango worked as an Associate in the Finance and Banking Group of Mayer Brown LLP in Chicago.

He also previously worked as a buyside equity analyst for an investment management firm in Chicago. Mr. Bamlango holds a Juris Doctor (JD) degree from Chicago-Kent College of Law, at the Illinois Institute of Technology, a Master’s degree in law from Université Paris 1 Panthéon-Sorbonne, a Licence in law from the Université Lille 2, and a Graduat in law from the Université Libre des Pays des Grands Lacs. He is a member of the State Bar of Illinois. He is fluent in English, French, Swahili, and Lingala.

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