Mr. Richard Mugisha Named Chairman of the Board of Directors at Ecobank Rwanda

Ecobank Rwanda has announced a significant development in its leadership landscape with the appointment of Mr. Richard Mugisha as the Chairman of the Board of Directors. This pivotal change comes as Mr. Ivan Twagirashema, who dutifully served as Chairman for the past 4 years, retired in August 2023. Mr. Twagirashema is hailed for his adept guidance, innovative thinking, financial prowess, and steadfast dedication to responsible banking practices during his tenure.

According to Top Africa News, Mr. Mugisha’s entry marks a strategic step in Ecobank Rwanda’s ongoing commitment to fortify its leadership squad and accelerate the implementation of its innovative financial solutions strategy in the Rwandan market.

An accomplished entrepreneur and legal luminary, Mr. Mugisha boasts an impressive 25-year career encompassing legal advisory roles for public and private sectors within Rwanda and beyond. His remarkable achievements in steering strategic growth and operational excellence across diverse organizations, including those within the financial realm, underscore his exceptional qualifications.

Demonstrating a proven track record in board leadership and stakeholder engagement, Mr. Mugisha’s expertise extends to nurturing groundbreaking business strategies while providing invaluable counsel to a diverse clientele. His extensive experience and forward-looking perspective make him an invaluable asset to Ecobank Rwanda’s leadership fold.

Ecobank Rwanda’s Managing Director, Mrs. Carine Umutoni, expressed her gratitude and excitement about Mr. Mugisha’s appointment: “We extend a warm welcome to Mr. Mugisha as our new Chairman of the Board of Directors. His extensive expertise and deep-seated experience in the corporate and commercial legal arena will undoubtedly fuel our pursuit of innovation and excellence. We also extend heartfelt thanks to our outgoing Chairman, Dr. Ivan Twagirashema, for his devoted service over the past 9 years and wish him a rewarding retirement journey.”

Mr. Mugisha shared his enthusiasm for his new role, stating: “I am deeply honored to join the ranks of Ecobank Rwanda, a distinguished Pan-African institution renowned for its unwavering commitment to innovation, customer-centricity, and community advancement. As I embark on this journey, I am resolute in upholding the bank’s legacy of excellence while propelling its strategic vision forward. Building upon the groundwork laid by my predecessor, I pledge to collaborate closely with the board, the executive team, and all stakeholders to ensure the sustained triumph of Ecobank Rwanda.”

Stepping into the role of Chairman of the Board of Directors, Mr. Mugisha will wield his strategic acumen, leadership prowess, and oversight to bolster the bank’s growth strategies and reinforce its mission of delivering top-tier financial solutions to individuals, enterprises, and communities across Rwanda.