Our Leadership2

Directors

The Board of Directors is responsible for the conduct of the general operations of the Bank.
The Board generally consists of not more than ten Non-Executive Directors, in addition to the President and CEO of the Bank.

Board Chairman

Juste Rwamabuga

Juste Rwamabuga is a Burundian national with over 40 years of experience in public, private and international organisations, including, the World Bank, International Finance Corporation and the African Development Bank. (AfDB) He previously served as Division Manager of the Transports Infrastructure Department of the AfDB

He holds an MBA from the University of Montreal, Canada. He is the Independent Non-Executive Director and the current Board Chairman.

Director

Shuo Zhou

Shuo Zhou is the Chief Representative for the People’s Bank of China at the Africa office in Tunis. Her career comprises of 31 years in PBC as a central banker working on financial supervision and international financial cooperation. She served as an Advisor to the Board of Executives of the African Development Bank and Inter-American Development Bank between 2012-2016.

Ms. Zhou holds a MA in International Finance from Tsinghua University and a Honor Degree in International Finance from the Business School of Liaoning University in China. She is the Non-Executive Director representing the constituency comprising Non-African States.

Director

Abdel-Rahaman Taha

Dr. Taha has over 40 years’ experience in the management of regional multilateral development finance institutions focusing on trade finance and export credit and political risk insurance, covering African and other developing countries.  He holds a PhD in Business Administration from the University of California, Los Angeles and an MBA from the University of California, Berkeley.

Dr. Taha previously served as the CEO of the Islamic Corporation for the Insurance of Investment and Export Credit. He is an Independent Non-Executive Director.

Director

Peter Molu Ibrae

Peter Molu is a Program Manager, County Governments in the National Treasury and Planning of Kenya. He has over 18 years’ experience in human resources and change management. Prior to his service at the National Treasury, he was the Human Resources manager for the Electoral and Boundaries Commission (IEBC)

He holds a master’s in human resources management from Egerton University and sits on the Board of Child Welfare Society of Kenya. He is the Non-Executive Director representing the constituency comprising Kenya, Somalia, Zambia and Mozambique.

Director

Busiswe Alice Dlamini-Nsibande

Busisiwe Dlamini is an experienced macroeconomist with over 30 years of exposure and working as an economist; supervising and providing economic research on pertinent issues, analyzing domestic, regional and international economic developments to inform authorities and policy makers to take informed policy decisions on different sectors of the economy.

Busisiwe worked at the Central Bank of Eswatini for 25 years eight of which as Director of the Economics department, providing updates on domestic, regional and international developments to the Bank’s executive committee and Bankers Association meetings.

She coordinated the monitoring and surveillance of the SADC macroeconomic convergence program to ensure economic stability in the region. (2008 to 2017) Ms. Dlamini is currently a member of the Central Bank of Eswatini Monetary Policy Committee and advises on fiscal and monetary issues. She holds a Bachelor of Arts in Economics and Statistics from the University of Botswana and Swaziland and a Master’s in Economics from the University of Essex

She is the current Non-Executive Director for the constituency comprising Egypt, Tanzania, Djibouti and Eswatini

Director

Peter Simbani

Peter Simbani heads the Department of Economic Planning and Development of Malawi which is responsible for the formulation of the medium to long-term development plans for the country, the formulation of the public-sector investment programme and monitoring the performance of sector plans. He has over 27 years of experience in aid and debt management.

Mr. Simbani holds a Master’s degree in International Development Studies from the University of Bradford and a Bachelor’s degree in Social Sciences from Chancellor College of the University of Malawi. He is the Non-Executive Director representing the constituency comprising Seychelles, Burundi, Ethiopia, Malawi and Madagascar.

Director

Rambarassah Veenay

Rambarassah Veenay is Director of Investment at the National Pensions Fund of Mauritius, managing the portfolio of all the funds falling under the National Pensions Scheme. Prior to his service at the National Pensions Fund of Mauritius, Mr. Veenay was a Project Finance Manager for Ebene Cybercity Project in Mauritius.

He holds MSc. In Finance and Investment and ACCA designation and has over 20 years of experience, primarily in the finance and accounting field. He is the Non-Executive Director representing the constituency comprising All Other Shareholders.

President and Chief Executive

President Emeritus & Group MD/CEO

Admassu Tadesse

Experience

Mr. Tadesse is the President and Chief Executive Officer of the Bank. Prior to his appointment, Mr. Tadesse served as a top executive for 10 years at the Development Bank of Southern Africa (DBSA) where he was responsible for international finance and investment, as well as corporate strategy. Much earlier in his career, he served in various management and technical capacities with specialized UN agencies.

Mr. Tadesse is the vice-chairman of the Association of African Development Finance Institutions (AADFI) and a member of the Institute of Bankers and the Institute of Directors of Southern Africa. He serves on several international boards and trust funds. An Economist and Banker, Mr. Tadesse qualified at the London School of Economics and Political Science, Wits Business School and the University of Western Ontario.

He also trained in advanced management and banking at Harvard Business School and INSEAD.

Executive Management

Executive, Financial Management

Francis Namboya

Mr. Namboya has been with the Bank for over 10 years and holds over 20 years of experience as a finance specialist. Prior to joining the Bank, Mr. Namboya worked as Financial Controller, Company Secretary and Treasurer for the Commonwealth Development Corporation (CDC) in Tanzania, United Kingdom and Malawi.

Mr. Namboya holds a Bachelor of Commerce (Accountancy) and Diploma in Business Studies from the University of Malawi. He is a fellow of the Association of Chartered Certified Accountants (UK) and Certified Public Accountant (CPA) Malawi.

Director-General (Ad int.) Trade and Development Fund (TDF) / Coverage Executive, Anglophone Southern Africa

Gloria Mamba

Ms. Mamba has over 20 years’ experience in financial services in Southern Africa with a focus on strategy development and execution, business development, due diligence, financial analysis and structuring, investment management, negotiation and risk management. Prior to her appointment, Ms. Mamba was an Associate Director at Deloitte Consulting based in Johannesburg. She has served in senior management roles at the Global Environment Fund, Development Bank of Southern Africa, and Blue Catalyst.

She has also served as a Board member for international industry associations (Africa Venture Capital Association, Emerging Markets Private Equity Association) as well as Investment Committee member for various fund entities and corporates. Ms. Mamba holds Master of International Management (with honours) from the Thunderbird, the American Graduate School of International Management and Bachelor of Arts (cum laude) from Barnard College (Columbia University).

Executive, Corporate Affairs and Investor Relations

Mary Kamari

Mary Kamari is a development finance professional with close to 20 years of experience leading resource mobilisation, programme management and business development efforts in some of the most prominent institutions globally and in Africa, including the World Bank, the UN, DBSA and GoodWorks International.

Ms. Kamari joined TDB in 2012 where she has been able to distinguish herself by raising capital and equity from sovereign and institutional shareholders, developing and managing strategic partnerships and networks, and enhancing the Bank’s brand equity through corporate communications.

Ms. Kamari holds an MBA from California State University and a Bachelor of Business Administration from Makerere University.

Executive, Credit Risk Managment

Dr. Goodman C …

Mr. Chakanyuka has over 18 years of experience in commercial banking across Southern Africa. Prior to joining the Bank, he was the Chief Risk Officer at Ned Bank (Swaziland) for 8 years and held senior positions with Kingdom Bank and the African Export Import Bank.

Mr. Chakanyuka holds a Doctorate in Business Leadership from UNISA, a MBA and a BSc in Economics from the University of Zimbabwe. He is an associate member of the Institute of Bankers (Zimbabwe)

Executive, Treasury Management

Abraham Byanyima

Mr. Byanyima has over 15 years of diverse and progressive experiences in Emerging and Global Markets gained from working for Global Banks and Africa based Financial Institutions. His expertise includes interest rate derivatives and global currency derivative products, forex trading and risk management.

Prior to joining the Bank, Mr. Byanyima worked as Vice President of Bank of New York Mellon and as Associate Director at UBS Investment Bank, New York. Mr. Byanyima holds a MBA from Fordham University.Mr. Byanyima has over 15 years of diverse and progressive experiences in Emerging and Global Markets gained from working for Global Banks and Africa based Financial Institutions.

His expertise includes interest rate derivatives and global currency derivative products, forex trading and risk management. Prior to joining the Bank, Mr. Byanyima worked as Vice President of Bank of New York Mellon and as Associate Director at UBS Investment Bank, New York. Mr. Byanyima holds a MBA from Fordham University.

Coverage Executive, DR Congo & Prospective W/A M/S

Antoine John Esther

Mr. Esther holds 20 years of experience in corporate banking and insurance. Prior to his appointment, as Coverage Executive, DR Congo & Prospective W/A M/S, he was Coverage Executive, North-East Africa & Representative, Addis Ababa Office. Before joining TDB in 2018, he held senior management roles at Sacos Insurance Group and Barclays Bank.

Mr Esther holds a Master of Business Administration from Durham University Business School, a Bachelor of Laws from University of London, a Post Graduate Certificate in Education and BSc. in Physics from Victoria University of Manchester. He is a national of Seychelles and is bilingual in English and French.

Executive, Portfolio Management

Wycliff Bbossa

Mr. Bbossa is the Executive, Portfolio Management. He possesses more than 20 years’ experience in commercial and development banking, risk management, and business advisory. Prior to joining the Bank in 2000, he served as Senior Consultant at KPMG East Africa and Manager at leading commercial banks in the East African region.

Mr. Bbossa holds an MBA from the University of Cumbria, a Master’s degree in Economics from University of Malawi, a Post Graduate Diploma in Education and a Post Graduate Diploma in Projects Management from Maastricht School of Management.

 

Executive, Origination and Business Development

Lloyd Muposhi

Mr. Muposhi joined TDB as Head, Trade Finance in 2014. He has over 20 years of diverse experience in corporate banking with FirstRand Bank, Standard Chartered Bank and Citibank Zambia. He has prior experience with Quantum Capital and Loita Capital Partners.

Mr. Muposhi has over 25 years of diverse experience in corporate and investment banking. Prior to joining TDB in 2014, he held management roles at First Rand Bank, Standard Chartered Bank and Citibank Zambia. Mr. Muposhi holds Bachelor of Arts from University of Zambia and Master of Law from Northwestern Pritzker School of Law/EI University

Coverage Executive, North-East Africa & Representative, Addis Ababa Office (ad int)

Gift Moonga

Mr. Moonga, joined TDB in 2016 with over 20 years of experience in corporate banking and risk management, having held senior roles in Barclays Bank, Stanbic and Standard Chartered Bank. Prior to his appointment as Coverage Executive, North-East Africa & Representative Addis Ababa Office (ad int), he was Head of Coverage, DR Congo and Head of the TDB Office in Kinshasa, while concurrently serving as Head, Enterprise-wide Risk Management (ERM).

Mr. Moonga holds MSc. Risk Management from Stern Business School, New York University, MSc. International Banking and Finance from Salford University, Diploma in Risk Management, Diploma in Banking from Chartered Institute of Bankers (UK) and is a Certified Professional Risk Manager. He is a national of Zambia.

 

Coverage Executive, Franco-Lusophone Africa (a.i.) Deputy CEO ESATAL

Daniel Lam Chun

Mr. Lam Chun joined TDB in 2018 and possesses over 15 years of experience in corporate finance and investment banking in senior roles in Mauritius. Prior to his appointment as Coverage Executive, Franco-Lusophone Africa (ad int), he was Head, Deal Structuring and Head, Coverage Franco-Lusophone Africa.

Mr. Lam Chun holds Master of Business Administration from the Université Panthéon-Sorbonne, Paris Dauphine, a Master of Professional Accounting, Control & Audit from Université d’Auvergne Clermont, MSc. in Accounting & Finance from Université d’Auvergne Clermont and Bachelor of Business Administration from Université Lumière Lyon. He is a national of Mauritius and is bilingual in English and French.

Executive, Corporate Secretary

Tom Mzumara

Mr. Mzumara has over 14 years of diverse experience as a legal professional with expertise in corporate legal advisory, corporate governance & legal institutional matters, capital markets & other resource mobilization transactions as well as structured financing transactions. He joined Trade & Development Bank (TDB) in 2012. Prior to joining TDB, he held various positions working both in the private and public sectors as legal practitioner and in-house legal counsel.

Mr. Mzumara holds an LLM in Commercial Law from the University of Cape Town (South Africa), an LLB from the University of Zambia and he is duly admitted to the Zambian bar as an Advocate of the High Court of Zambia.

Senior Advisors

Senior Advisor, Infrastructure and Public Private Partnerships

Reginald Max

Prior to his appointment, Mr. Max was Senior Director, Originations, Development & Investment at General Electric and Transaction Leader Sub Saharan Africa at PricewaterhouseCoopers (PwC). He possesses over 25 years of experience in corporate banking and financial advisory and has held roles at Rand Water Services, Infrastructure Finance Corporation and Genesis Investment Bank.

 

He holds Post Graduate qualification in Development Studies from Darwin College, Cambridge University and Bachelor of Economics and History from University of Zimbabwe and is a member of Institute of Chartered Secretaries & Administrators.

Advisor, Sovereign Finance and Debt Management

Felister Kivisi

Prior to her appointment, Ms. Kivisi was Senior Deputy Director, Public Debt Management Office in the National Treasury of Kenya. She also served as Senior Assistant Director of Debt Management and  has held senior roles in the Ministry of Finance and  the Office of the Prime Minister.  She has over 25 years of experience in sovereign debt management, syndications and debt capital markets.

Ms. Kivisi holds Master of Arts in Modern International Studies from University of Leeds, Bachelor of Arts in Government and French from the University of Nairobi and is finalizing doctoral studies.

Chief Strategy Advisor, TDB Group

Catherine Kimaryo

Prior to her appointment, Ms. Kimaryo was the Director, the Nairobi Regional Office, responsible for Projects and Infrastructure Finance. Before joining TDB, she was a Senior Investment Officer at the World Bank and held roles at the United Nations in Kosovo and Akiba Commercial Bank in Tanzania. Ms. Kimaryo possesses over 20 years of experience in project and corporate finance and deal structuring.

 

Senior Advisor, TDB Academy

James Kabuga

Prior to his appointment,  Mr. Kabuga was Senior Executive, Harare Regional Office. Before joining TDB in 1994, he worked in various senior capacities in both the public and private sector. He has over 25 years of development and investment banking experience, specializing in project and structured finance.

Mr. Kabuga holds Master of Agricultural Economics from Colorado State University and Bachelor of Economics from the University of Nairobi.

Senior Advisor, Lending Operations

Eyob Easwaran

Mr. Easwaran is a seasoned Project Finance and Private Equity professional with over 30 years of experience in the power and finance industries in various capacities including equity and debt investing, engineering, project financing, construction, and asset and risk management for private equity funds and other financial institutions.  Since December 2017, Mr. Easwaran is serving as Lender Transaction Advisor on Power and Infrastructure for the Trade and Development Bank for Eastern and Southern Africa.  Most recently, he served as a Director of Development for Black Rhino and based in Addis Ababa.  Prior to that, he was a Managing Director and Director of Asset Management at Power Capital Partners LLC, a startup private equity firm formed in partnership with Hunt Power, a wholly owned subsidiary of Hunt Consolidated, Inc., to invest in the development of fully contracted or hedged power projects.

Previously, Mr. Easwaran was a Partner and Lead Asset Manager at Conduit Capital Partners, a private equity firm that invested in power projects in Latin America and the Caribbean. In this capacity, Mr. Easwaran managed a portfolio of independent power projects with approximately 1,000 MW of aggregate installed capacity and a total investment of approximately $1.5 billion employing a range of conventional and renewable generation technologies in nine countries throughout Latin America and the Caribbean.  Mr. Easwaran was a member of the investment committee of the fund and was involved in several acquisition and divestment transactions.

Mr. Easwaran, a native of Ethiopia, received a B.E. degree in Mechanical Engineering from Jose Antonio Echeverria Polytechnic Institute in Havana, Cuba, a Post-Graduate Diploma in Geothermal Technology from Auckland University in New Zealand, and an M.S. degree in Business/Finance from Johns Hopkins University.  He has also attended short-term programs on Geothermal Energy in Japan and Iceland.

Senior Advisor, Partnership Development

Tim Turner

Mr. Turner come to TDB with demonstrated track-record and a highly accomplished background, having served as a senior executive and top specialist earlier, in a successful career spanning 30 years in the financial services sector, with some 2 decades in Africa, mainly with the Africa Development Bank Group.  His most recent role was Chief Risk Officer at the African Development Bank (AfDB). Prior to that, he held the positions of Director of Private Sector and Microfinance Operations and Director of Risk Management in AfDB. Much earlier, he worked as an Independent Consultant in Canada and with Capital markets, Smith Barney International based in London and New York. Mr. Turner holds a Master of Business Administration, IMEDE (now IMD), Switzerland, and a Bachelor of Applied Science and Engineering from the University of Toronto, Canada.