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’ experience in public, private and international organizations, including, the World Bank, International Finance Corporation and the African Development Bank.

He previously served as Division Manager, Transports Infrastructure Department of the African Development Bank. He holds an MBA from the University Of Montreal, Canada. He is the Independent Non-Executive Director.

Director

Mohamed Kalif

Mohamed Kalif is the Head of Financial Intermediation of the African Development Bank (AfDB) which covers commercial banks, trade finance, SMEs, insurance, leasing and regional development financial institutions. Before joining the Private Sector Department of the AfDB, Mr. Kalif was chief of risk of African Development Bank for a period of 7 years.

Mr. Kalif has accumulated 24 years banking experiences, including of risk management, corporate banking and project finance lending in commercial banks and development financial institutions environment. He is the Non-Executive Director representing African Institutions.

Director

Gerard Bussier

Gerard Bussier is the Deputy Financial Secretary at the Ministry of Finance and Economic Development of the Government of Mauritius. Mr. Bussier is a Certified Chartered Accountant (UK) and a Certified Fraud Examiner (USA).

He also holds a Master’s in Business Administration from the University of Mauritius with specialization in finance. He is currently the Board Chair and Non-Executive Director representing Rwanda, Mauritius, Zimbabwe, Eritrea and South Sudan.

Director

Mingzhi Liu

Mingzhi Liu is the Chief Representative for the People’s Bank of China at the Africa office in Tunis holds a Masters and a PhD in Economics from the Peking University in Beijing, China. He is currently working as Chief Representative for Africa of the People’s Bank of China (Central Bank of China) at the Bank’s office in Tunis. Mr. Liu possesses over 12 years of experience in development banking in Africa and China.

He is the Non-Executive Director representing Non-African States.

Director

Abdel-Rahaman Taha

Dr. Taha holds a PhD in Business Administration from the University of California, Los Angeles and an MBA from the University of California, Berkeley. He 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.

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

Isabel Sumar

Isabel Sumar is the National Director of Cooperation in the Mozambican Ministry of Finance responsible for managing cooperation with International partners supporting the state budget and coordination of the SADC Regional Integration.

She possesses expertise in the oil and gas industry, management of public enterprises. Ms. Sumar holds an MSc in Public Economic Management and Finance from the University of Birmingham in the United Kingdom and an Honors Degree in International Relations and Diplomacy from the National based University (ISRI) She is the Non-Executive Director representing Kenya, Zambia, Somalia and Mozambique.

Director

Busiswe Alice Dlamini-Nsibande

Director

Peter Simbani

Peter Simbani is the Acting Chief Director, Department of Economic Planning and Development 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’ experience in aid and debt management.

He 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 Seychelles, Burundi, Ethiopia, Malawi and Madagascar.

Director

Said Mhamadi

Mr. Mhamadi is is currently a Special Advisor to the Minister of Finance and Budget and for the EDF program in Comoros. Mr. Mhamadi became a Member of the General Inspection of Finances and Economy after completing his postgraduate studies at SORBONNE-Paris I /Panthéon, France in 1995.

He attended and completed the Specialized International Cycle in Public Administration at ENA, France, in 1998 and the IMF Institute in Washington, in 1996. He was Director General for Budget during the period from 1998 to 2001 and from 2007 to 2014; National Economy Expert for the European Development Fund (EDF) in Comoros from 2002 to 2007; Special Advisor to the Vice President in Charge of Finance, Economy, Budget, Investment, Foreign Trade and Privatisation during the period from 2014-2016.

He is the Non-Executive Director representing Comoros, DRC, Sudan and Uganda.

Director

Rambarassah Veenay

President and Chief Executive

President and Chief Executive

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.

Admassu Tadesse: African Banker of the Year 2019.

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 Management

Chief Operating Officer

Michael Awori

Mr. Awori has over 18 years of investment banking, mergers and acquisitions, leveraged finance and corporate banking experience and has advised and executed over $15 billion of Capital Markets and M&A 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.

Prior to Citigroup, Mr. Awori spent 9 years with JPMorgan in Chicago in the Asset Based Lending and Corporate Banking divisions. 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.

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)

General Counsel and Senior Executive, Legal Services

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.

Chief Strategy Advisor

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.

 

Coverage Executive, Franco-Lusophone Africa (ad int)

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 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, 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.

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 Director of Portfolio Management Department. He has worked with the Bank since 2000 in operations and has 20 years of experience in development finance, business advisory and commercial banking. Prior to joining the Bank, Mr. Bbossa worked with KPMG East Africa as a pre-divestiture and banking sector reforms consultant and as a debt recovery manager.

Mr. Bbossa holds a Master and a Bachelor in Economics from the University of Malawi in addition to Post Graduate diplomas in Economics Education and Industrial Projects Appraisal.

Coverage Executive, East Africa, and Sovereign Advisory Origination

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 holds Bachelor of Arts Degree from University of Zambia and various certifications.

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.

 

Executive, Corporate Services & Administration (Ad int.) Trade and Development Fund (TDF)

Sheila Amule

Ms. Amule is a senior professional with over 20 years’ experience in Eastern Africa’s banking and financial advisory sectors. Key responsibilities have included human resources management, talent acquisition, human capital development, human resources due diligence, budgeting, human resources risk management. Ms. Amule has been with the Bank since 2008. Prior to joining TDB, she worked at P and the Bank of Uganda. Ms. Amule holds MSc. Human Resources Management and Development (University of Manchester), Master of Public Policy (Victoria University of Wellington), Postgraduate Diploma in Human Resources Management (Uganda Management Institute), and Bachelor of Social Sciences (Makerere University).

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, 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.

 

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.

Adviser, 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.

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, Facilities Development and Corporate Services

Daniel Mezgebu

Mr. Mezgebu has over 25 years of professional experiences with several international institutions such the Sheraton Hotel, the American Embassy and Ethiopian Airlines. Prior to joining the Bank, Mr. Mezgebu served as Director of Human Resources and Administration at dVenuts Wind Technologies.

Mr. Mezgebu holds a Master of Public Administration from the University of Greenwich and Bachelor of Arts in Management and Public Administration from Addis Ababa University.