During the ceremony held yesterday, Munyeshyaka who once served as the Minister of Trade and Industry committed to increase awareness of BDF activities among targeted beneficiaries and maintain the reputation of the institution striving to uplift people from poverty.

Munyeshayaka was appointed by the cabinet meeting held on 14th December 2020 while Rosalie Semigabo was nominated to deputize him.

They all took over yesterday pledging to consolidate gains and continue supporting the mandate of the institution mainly supporting SMEs projects, thus enabling the creation of more jobs.

As he took over, Munyeshaka Vincent urged all BDF staff to work together to deliver excellent services.

“All BDF employees should concert efforts and work together with dedication to keep supporting citizens’ development,” he said.

Munyeshyaka explained that more efforts will be expended in awareness campaigns to demystify wrong perceptions about services of the institution.

“There was a problem whereby people thought that BDF can do everything making it difficult to match the institution’s capacity with people’s desires. We have a great task to reveal available means and explain how they will be utilized,” he noted.

During the event, Rwigamba Eric also took over from the outgoing Director of BDF Board Committee, Rugamba Egide.

“Every staff should understand his/her responsibility to contribute to improved welfare of Rwandans and supported citizens’ progress through concerted efforts,” said Rwigamba.

Rugamba Egide explained that a lot have been achieved educating people how to run income generating projects and urged successors to root on that to take the institution to greater heights.

BDF has so far supported over 35,000 projects worth over Rwf 96 billion since it was launched in 2011.

Vincent Munyeshaka recently appointed by the cabinet has taken over from the Acting CEO of Business Development Fund (BDF), Monique Umugwaneza.

Monique Umugwaneza has been serving as the Acting CEO of Business Development Fund (BDF).

Munyeshayaka was appointed by the cabinet meeting held on 14th December 2020.