Stella Rusine Nteziryayo appointed new CEO of Development Bank of Rwanda

The Development Bank of Rwanda (BRD) has announced Stella Rusine Nteziryayo as its new Chief Executive Officer, pending regulatory approval. She will succeed Kampeta Pitchette Sayinzoga, who led the bank through six years of transformative growth and strengthened its role in financing Rwanda’s priority sectors. During Sayinzoga’s tenure, BRD achieved significant milestones. Total assets grew sixfold, from FRW 157 billion to FRW 1.02 trillion, while net profits were restored to FRW 22.8 billion. The bank’s loan portfolio also expanded from FRW 167 billion to FRW 710 billion, and every 1 FRW in

The Development Bank of Rwanda (BRD) has announced Stella Rusine Nteziryayo as its new Chief Executive Officer, pending regulatory approval. She will succeed Kampeta Pitchette Sayinzoga, who led the bank through six years of transformative growth and strengthened its role in financing Rwanda’s priority sectors. During Sayinzoga’s tenure, BRD achieved significant milestones. Total assets grew sixfold, from FRW 157 billion to FRW 1.02 trillion, while net profits were restored to FRW 22.8 billion. The bank’s loan portfolio also expanded from FRW 167 billion to FRW 710 billion, and every 1 FRW invested by the government successfully mobilized three additional FRW, highlighting BRD’s growing financial leverage. BRD focused on supporting key sectors such as energy, manufacturing, exports, and education, ensuring sustainable growth and long-term financial stability. These achievements cemented the bank’s role as a vital institution in Rwanda’s economic development. Stella Rusine Nteziryayo, formerly the Chief Economist at the Ministry of Finance, brings deep expertise in macroeconomic policy, fiscal strategy, debt management, and climate finance. Her appointment positions BRD to expand its financing initiatives and contribute to Rwanda’s long-term economic transformation.

This leadership transition underscores both continuity and ambition, signaling BRD’s commitment to sustaining growth and strengthening its impact on Rwanda’s development agenda.