BK Group Plc, the parent company of Bank of Kigali, announced on 13 August 2024 that Dr. Uzziel Ndagijimana had been appointed as its new Chief Executive Officer with effect from 14 August 2024, subject to regulatory approvals. The appointment follows the resignation of Beata Habyarimana, who had previously held the chief executive role.
Dr. Ndagijimana served as Rwanda's Minister of Finance and Economic Planning, a position in which he oversaw the country's fiscal policy, budget management, and engagement with international financial institutions including the International Monetary Fund and the World Bank.
BANK OF KIGALI
Bank of Kigali provides services to retail customers, small and medium-sized enterprises, corporate clients, and public sector institutions.
The appointment was disclosed through public company announcements; BK Group is listed on the Rwanda Stock Exchange and the Nairobi Securities Exchange.
BK GROUP
Bank of Kigali is Rwanda's largest commercial bank. BK Group has interests extending into insurance, asset management, and digital financial services.
Beata Habyarimana's resignation and the precise circumstances surrounding her departure were not detailed in the public announcement, and the formal notification published on 13 August 2024 thanked her for her contribution over the past two years; board chairman Jean Philippe Prosper said Ndagijimana's experience would be instrumental in driving the group's strategy.