Nteziryayo succeeds Kampeta Pitchette Sayinzoga, whose six-year tenure saw BRD undergo significant institutional growth, strengthened financial performance, and expanded its role in mobilising both domestic and external capital to support Rwanda's national development priorities.
During the past six years, data show that BRD's total assets grew from Frw 157 billion to over Frw 1.02 trillion, while the loan portfolio increased from Frw 167 billion to Frw 710 billion. Annual profitability turned around from a loss to a profit of Frw 22.8 billion, reflecting improved financial sustainability. The bank also achieved a fourfold leverage effect, mobilising three additional francs from external sources for every franc invested by the government.
Over the same period, BRD's investments contributed to a wide range of national priorities. Notable achievements included connecting over 500,000 households to electricity, raising export volumes from 80 metric tonnes to 8,566 metric tonnes, and issuing Rwanda's first sustainability-linked bond, which raised Frw 63.5 billion for impact-driven projects. In education, the digitalisation of the Government student bursary scheme enabled faster disbursements and expanded support for post-graduation bursary reimbursements.
Nteziryayo, currently a member of BRD's Board of Directors, brings over a decade of experience in macroeconomic policy, debt management, fiscal strategy, and sustainable finance. She previously served as Chief Economist at the Ministry of Finance and Economic Planning, where she played a central role in shaping Rwanda's medium-term economic framework, coordinating sovereign financing, and enhancing fiscal sustainability.
Her appointment is expected to ensure continuity and provide deep institutional insight as BRD embarks on its next phase of growth, further supporting Rwanda's development across sectors, including infrastructure, manufacturing, energy, affordable housing, green finance, and exports.
BRD, established in 1967, continues to play a key role in providing long-term, tailored financing to sectors critical for Rwanda's socio-economic transformation, aligned with Vision 2050 and the National Strategy for Transformation.
Wycliffe Nyamasege
Source : https://en.igihe.com/business-62/article/stella-rusine-nteziryayo-named-new-ceo-of-brd
