Bank Profile

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The Bank's management, headed by the President, is charged with the responsibility of managing the Bank's affairs on a day-to-day basis. There are departments, namely Finance, Portfolio, Project and Infrastructure, Trade, Legal and Administration and Human Resources. They are headed by departmental heads who report to the Chief Executive Officer. The Presidency is also a department on its own.

Mr. Admassu Tadesse, President and CEO

Mr. Tadesse is the President and Chief Executive Officer of the Bank.  Prior to his appointment, Mr. Tadesse served as a top executive for 10 years at the Development Bank of Southern Africa (DBSA) where he was responsible for international finance and investment, as well as corporate strategy. Much earlier in his career, he served in various management and technical capacities with specialized UN agencies.

Mr. Tadesse is the vice-chairman of the Association of African Development Finance Institutions (AADFI) and a member of the Institute of Bankers and the Institute of Directors of Southern Africa. He serves on several international boards and trust funds.

An Economist and Banker, Mr. Tadesse qualified at the London School of Economics and Political Science, Wits Business School and the University of Western Ontario. He also trained in advanced management and banking at Harvard Business School and INSEAD. 

Mr. Premchand Mungar , General Counsel and Director of Legal Services

Mr. Mungar joined the Bank with over 30 years of experience in commercial banking, offshore banking and financial investment services.  He previously served in various senior capacities at the State Bank of Mauritius (SBM) including as  Head of Legal and Documentation Department and Corporate Secretary. Currently he also acts as General Counsel for the Bank.

Mr. Mungar holds a LLB in English and French Law from the University of Mauritius, a Master of Finance and Financial Law from the University of London and a Chartered Institute of Bankers' Diploma.




Mrs. Joy Ntare , Chief Risk Officer

Ms. Ntare joined the Bank in April 2014 with over 26 years of experience in accounting and finance.  She was previously  employed by the Central Bank of Rwanda for 20 years in several capacities including as Director General for Financial Stability and Director of Supervision of Non-Bank Financial Institutions.  She also worked at the Tanzania Electric Supply Company.

Ms. Ntare holds Advanced Diploma in Accountancy and a MBA from Cardiff Business School, University of Wales.  She is a member of the Association of Chartered Certified Accountants (UK) and the Institute of Certified Public Accountants of Rwanda (ICPAR)



Mr. George Mudange, Senior Director Trade Finance and Chief Trade Finance Officer

Mr. Mudange has over 13 years of corporate banking and advisory experience at senior levels with specialization in structured trade and commodity finance.  Prior to joining the Bank, he worked with merchant banks in Zimbabwe and advisory firms in South Africa and Nigeria.

Mr Mudange holds  a MBA from the University of Zimbabwe  and a BSc in Economics.  He also holds a Diploma in Banking from the Institute of Bankers of Zimbabwe of which he is an associate member. 



Mr. James Kabuga, Senior  Director, Harare Regional Office

Mr. Kabuga has over 20 years of development and investment banking experience, specialising in project and structured finance in the areas of credit appraisal, loan administration, budgeting and finance.  Prior to joining the Bank in 1994, he worked in various senior capacities in the financial sector.

Mr. Kabuga holds a Master of Agricultural Economics from Colorado State University and a Bachelor of Economics from the University of Nairobi.




Mr. Daniel Mezgebu, Acting Director, Human Resources and Administration.

Mr. Mezgebu has over 25 years of professional experiences with several international institutions such the  Sheraton Hotel, the American Embassy and Ethiopian Airlines.

Prior to joining the Bank, Mr. Mezgebu served as Director of Human Resources and Administration  at dVenuts Wind Technologies.

Mr. Mezgebu holds a Master of Public Administration from  the University of Greenwich and Bachelor of Arts in Management and Public Administration from Addis Ababa University.



Ms. Catherine Kimaryo, Director, Nairobi Regional Office

Ms. Kimaryo is Director, of the Nairobi Regional Office.  She has over 15 years of experience in project and corporate finance and deal structuring.  Prior to joining the Bank in 2013, she was  a Senior Investment Officer at the World Bank, where she worked for 8 years.  She also worked for the United Nations in Kosovo and Akiba Commercial Bank in Tanzania.

Ms. Kimaryo holds a MBA from Wits Business School and a Bachelor of Commerce from McGill University.




Mr. Wycliffe BbossaDirector of Portfolio Management

Mr. Bbossa is the Director of Portfolio Management Department. He has worked with the Bank since 2000 in operations and has 20 years of experience in development finance, business advisory and commercial banking. Prior to joining the Bank, Mr. Bbossa worked with KPMG East Africa as a pre-divestiture and banking sector reforms consultant and as a debt recovery manager.

Mr. Bbossa holds a Master and a Bachelor in Economics from the University of Malawi in addition to Post Graduate diplomas in Economics Education and Industrial Projects Appraisal.



Mr. Abraham Byanyima,  Acting Director of Treasury

Mr. Byanyima has over 15 years of diverse and progressive experiences in Emerging and Global Markets gained from working for Global Banks and Africa based Financial Institutions.  His expertise includes interest rate derivatives and global currency derivative products, forex trading and risk management.

Prior to joining the Bank, Mr. Byanyima worked as Vice President of Bank of New York Mellon and as Associate Director at UBS Investment Bank, New York. 

Mr. Byanyima holds a MBA from Fordham University.




Mr. Francis Namboya, Head of Financial Management Unit

Mr. Namboya has been with the Bank for over 10 years and holds over 20 years of experience as a finance specialist. Prior to joining the Bank, Mr. Namboya worked as Financial Controller, Company Secretary and Treasurer for the Commonwealth Development Corporation (CDC) in Tanzania, United Kingdom and Malawi.

Mr. Namboya holds a Bachelor of Commerce (Accountancy) and Diploma in Business Studies from the University of Malawi. He is a fellow of the Association of Chartered Certified Accountants (UK) and Certified Public Accountant (CPA) Malawi.




Mr. Goodman Chakanyuka, Acting Director of Credit Risk Management

Mr. Chakanyuka  has over 18 years of experience in commercial banking across Southern Africa. Prior to joining the Bank, he was the Chief Risk Officer at Ned Bank (Swaziland) for 8 years and held senior positions with Kingdom Bank and  the African Export Import Bank.

Mr. Chakanyuka holds  a Doctorate  in Business  Leadership from  UNISA, a MBA and a BSc in Economics  from the University of Zimbabwe.  He is an associate member of the Institute of Bankers (Zimbabwe)



Lloyd Muposhi, Head of Trade Finance

Mr. Muposhi  has been with the Bank since April 2014.  He has over 15 years of diverse experiences in corporate banking with FirstRand Bank, Standard Chartered Bank and Citibank Zambia.  He  previously worked with Quantum Capital and Loita Capital Partners.

Mr. Muposhi holds a Bachelor of Arts Degree from University of Zambia.


Ms. Mary Kamari, Head of Corporate Affairs and Investor Relations

Ms. Kamari is responsible for stakeholder relations, strategic partnerships and Board affairs.  Prior to joining the Bank in April 2012, she was Regional Project Director with UNOPS and concurrently, Resource Mobilization and International Relations Advisor at the Development Bank of South Africa, where she served for 5 years establishing various-donor facilities.

Previously, Ms. Kamari  served as Managing Director for GoodWorks International in Rwanda and a consultant to the World Bank.  She started her career as an Associate at the World Bank.

Ms. Kamari holds a MBA from California State University. 


Mr. Frank Kamthunzi , Head of Projects and Infrastructure Finance

Mr. Kamthunzi has been with the Bank since 2003.  He has over 25 years of diverse experiences in banking and project management having worked with Investment and Development Bank of Malawi, Deloitte and Press Trust Malawi.

Mr. Kamthunzi holds a MSc in Management from Arthur D. Little Management Institute and a Bachelor of Social Sciences (Economics and Statistics) from the University of Malawi.


Mr. Dennis Kulubya, Head of Information and Technology

Mr. Kulubya has been with the Bank since 1999. He is a certified SAP consultant and also holds Oracle and Novell certifications in addition to over 20 years of diverse experiences in commercial banking and with local authorities across several countries.

Mr. Kulubya holds a MSc in Management of Information Technology from Aston University Birmingham and a Bachelor of Engineering degree from the University of London . He is a member of the Information Systems Audit and Control Association (ISACA).



Eston Chimkono, Principal Portfolio Management Officer

Mr. Chimkono has been with the Bank since 2002'. He has 20 years of experience in business development, portfolio management and recovery, having worked for local and international development institutions in Eastern and Southern Africa.

Mr. Chimkono holds a Master of Economics and BSc in Social Sciences (Economics and Statistics) from University of Malawi.

Mr. Devalingum Gopalla, Head of Legal Services

Mr. Devalingum Gopalla, a Mauritian national, holds a Bachelor of Laws and also a Master of Laws from Kings College London. He has over 10 years of experience in international financial laws, securities laws and corporate laws. He has previously worked for Conyers Dill & Pearman (London), Clifford Chance and the Financial Services Commission. He  is a Barrister at Law admitted in England & Wales, New York and Mauritius and he has been a Member of the international executive committee of the New York State Bar Association.


Ms. Hamere Tefera, Acting Head of Corporate Strategy & Planning

Ms. Tefera has over 20 years of experience in strategy, risk analysis, systems development and financial analytics and reporting. Prior to joining the Bank in 2012, she was Manager, IFRS Consolidated Reporting at RBC (Royal Bank) in Canada, where she served in several senior capacities.

Ms. Tefera holds Master of Business Administration and Post Graduate Diploma in Management from McGill University and Bachelor of Economics & Management from University of Guelph. She holds securities certification.


















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