The handover ceremony was held on November 15, 2024, at the bank’s headquarters in Kigali. Sayinzoga has been a member of the Board of Directors at Bank of Africa since 2021, contributing significantly to the bank’s strategic development. Ntaganda will remain a member of the board despite stepping down from the chairperson role.

Sayinzoga brings a wealth of experience in banking, having held various leadership roles throughout her career. Within the Bank of Africa, she has played a pivotal role in driving strategic initiatives and spearheading innovative projects. Her extensive expertise positions her well to guide the bank in its next phase of growth.

In her new role, Sayinzoga is tasked with overseeing the implementation of strategies aligned with the bank’s vision and governance priorities. She aims to build on the solid foundation established by her predecessor, who helped position Bank of Africa as a prominent player in Rwanda’s financial market, especially through its technology-driven services.

After assuming her new responsibilities, Sayinzoga expressed her dedication to advancing the bank’s mission.

“The foundation has been established, and Bank of Africa is well-positioned for growth and poised to pursue an assertive market presence. I look forward to working with the management, board, and staff to make a meaningful impact on Rwanda’s financial sector,” she said.

Established in Rwanda in 2015, Bank of Africa – Rwanda is part of the larger Bank of Africa Group, which operates in 18 African countries and extends its reach to France and China. The group is headquartered in Casablanca, Morocco, and Dakar, Senegal.

With 14 branches across Rwanda—eight in Kigali and six in other provinces—Bank of Africa – Rwanda has solidified its reputation as a trusted financial partner, offering innovative and customer-focused banking solutions tailored to the Rwandan market.

Betty Sayinzoga has been appointed Chairperson of the Board of Directors at Bank of Africa-Rwanda.