Kigali, Rwanda – September 27, 2023 – Bank of Africa – Rwanda announces the appointment of Mr Vincent Istasse as the new Managing Director, succeeding Mr Abderrahmane Belbachir who has successfully led the bank for the past 7 years. This transition marks a significant milestone in the bank's continued commitment to delivering exceptional financial services and fostering innovation in the industry as driven by Rwanda’s sustainable development goals. Mr Vincent Istasse brings with him a distinguished career and an impressive record of achievement in the banking sector. His extensive experience, strategic vision, and dedication to customer-centric principles align seamlessly with Bank of Africa – Rwanda's mission to serve our customers with efficiency and courtesy, and to promote the growth and stability of the economies in which we operate. Mr Vincent Istasse expressed his enthusiasm about taking the helm at Bank of Africa – Rwanda, saying, I am honored to join Bank of Africa – Rwanda, a financial institution renowned for its commitment to excellence and customer satisfaction. I am excited to work alongside our talented team to build on the bank's strong foundation, drive innovation, and continue to meet and exceed the expectations of our clients. During Mr Abderrahmane Belbachir's tenure, Bank of Africa – Rwanda achieved remarkable growth and established itself as a trusted partner for individuals and businesses seeking financial services. The bank's commitment to financial inclusion, sustainability, and community development remains unwavering, and Vincent Istasse is committed to carrying this legacy forward. Mr Abderrahmane Belbachir expressed gratitude for the opportunity to lead Bank of Africa – Rwanda, stating, It has been a privilege to serve as Managing Director of Bank of Africa – Rwanda, and I am immensely proud of what we have achieved together in the past 7 years. I have every confidence that Vincent Istasse will continue to steer the bank to new heights, and I wish him the very best in this role. Bank of Africa – Rwanda would like to extend its sincere appreciation to its valued clients, partners, and stakeholders for their unwavering support throughout the years. The bank remains committed to delivering best-in-class financial services and contributing positively to the communities it serves. About BANK OF AFRICA – RWANDA BANK OF AFRICA – RWANDA is a private commercial bank that has been operating in Rwanda since 2015. The Bank has established itself as a trusted partner for clients seeking excellence in banking services with its presence all over the country where it has 14 branches, including 8 in Kigali and 6 upcountry in all the 4 provinces. BANK OF AFRICA – RWANDA is part of BANK OF AFRICA Group a large network of banks operating in 18 countries across the African continent and with a presence in France and Shanghai in China. The group has its main Headquarters in Casablanca, Morocco, and Dakar, Senegal.
