FEATURED: Equity Bank Rwanda Plc appoints Col. (Rtd) Eugene Haguma as new board chair

FEATURED: Equity Bank Rwanda Plc appoints Col. (Rtd) Eugene Haguma as new board chair

Equity Bank Rwanda Plc has announced the appointment of Col (Rtd). Eugene Haguma as the Non – Executive Chairman to its Board taking over from Mrs. Evelyn Rutagwenda. Rutagwenda retired through rotation having served on the board for nine years, four of which she served as Chairperson.

Rutagwenda will continue to serve in the Equity Group Holdings Plc Board as Vice Chairperson.

Haguma brings on board a wealth of leadership experience, having previously served in senior leadership positions in both the private and public sectors. He has previously served as the Permanent Secretary Ministry of Defence in Rwanda, Defence Attaché to the Republic of South Africa and CEO of Horizon Group Rwanda. Haguma is currently serving as an independent consultant.

Speaking while welcoming him to the Board as Chairman, Equity Group Managing Director and CEO Dr. James Mwangi said, “We are delighted to bring on board Col (Rtd). Haguma as the new Non- Executive Chairman to the Board of Equity Bank Rwanda Plc.

The experience and expertise he has gained over the years while working in multi-national environments will play a key role in overseeing the implementation of strategy hence strengthening our regional operations and presence.”

The board thanked Rutagwenda for her leadership. “In a special way, I would like to register sincere gratitude to Mrs. Rutagwenda for her dedication and outstanding service as Chairperson on the Board of Equity Bank Rwanda Plc. During her tenure, the Bank registered impressive growth on all parameters,” said Dr. Mwangi.

Speaking while welcoming Haguma, the Equity Group Vice Chairperson said, “As a Group, we are delighted to have Col (Rtd). Eugene Haguma as the new Board Chair for our Rwanda subsidiary. His experience and networks will see the Group grow its footprint further within Rwanda allowing Equity to continue transforming lives and livelihoods,” said Mrs Rutagwenda.

Commenting on the Board appointment, Col (Rtd). Haguma said, “I am honoured to serve as Board Chair in Equity Bank Rwanda Plc particularly at a time when the Bank continues to register positive performance with total assets of RFW 388.6B, a gross loan book of RFW 215.2B , total deposits of Rwf281bn and reaching over 750,000 customers becoming one of Rwanda’s fastest growing banks. ”

Col (Rtd). Eugene Haguma holds an MSc. in Financial Management from the University of London and a B.Com (Marketing) degree from Makerere University-Kampala. He is a Chartered Financial Analyst (CFA) charter holder and is a Certified Sustainable Investment Professional […]

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