Rwanda Appoints Former Head of Credit Suisse To Turn Country into Financial Hub #rwanda #RwOT

A Franco-Ivorian banker Tidjane Thiam is expected to jet in to the Rwandan Capital, Kigali to embark on an aggressive assignment of leading a team of well selected experts that should turn Rwanda into an impeccable global financial hub.

Tidjane  is taking up his appointment as chairman of the board of Rwanda Finance Limited, the government agency responsible for the development and promotion of the Kigali International Financial Center (KIFC).

He  is a former head of Credit Suisse. His appointment was announced after a cabinet meeting of Wednesday November 12 chaired by President Paul Kagame.

The Board of directors for Rwanda Finance Limited include;  Tidjane Thiam   (chairman), Jacob Diko Mukete (Vice Chairperson), Liban Soleman ABDI (member), Louise Kayonga (member), Alice Ntamitondero (member), Umulinga Karangwa (member) and Julien Kavaruganda (member).

It should be remembered that on February 7th, Mr Tidjane resigned from his duties as CEO of the Swiss banking group, Tidjane was first reported to the board of directors of the French luxury holding company Kering, before talking about him again.

After his hasty departure from Credit Suisse bank, Tidjane Thiam confirmed his African ambition.

Cameroonian-born Diko Jacob Mukete

The expert in governance, economic and financial reforms was also appointed Wednesday November 11 as Vice Chairperson of the board of Rwanda Finance Limited.

Before this appointment, Mr Mukete served as Country Representative of the African Development Bank in Rwanda. 'Rwanda is a great country with great people. When you look at what they have been able to achieve over the last 17 years from ashes of the Genocide…there are very few countries in the world which have been able to show the kind of resilience…' Mr Mukete said in an interview after his tour on duty at the the AfDB-Rwanda.

He and the other members will have to bring their experience and insights to the Rwanda Finance Limited which has its work already cut out: turning Rwanda into a financial hub.

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