TAMCO Board of Directors
Admassu Tadesse
TDB Group President and Managing Director and Chairman of the TDB Group Executive Management Board.
Mr. Admassu Tadesse, is TDB Group President & Managing Director and Chairman of the TDB Group Executive Management Board. Prior to his appointment as President of TDB Bank in 2011, Mr. Tadesse served for 10 years with Development Bank of South Africa as EVP responsible for international finance and corporate strategy. He has also served in various capacities in international institutions and funds, mainly in Johannesburg and New York. He has served and continues to serve on several boards of directors, and is a member of the Institute of Bankers and Institute of Directors, South Africa. Mr. Tadesse holds an MSc from the London School of Economics, an MBA from Wits Business School, and trained at Harvard and INSEAD Business School in banking, private equity and executive leadership.
Joy Uwinema Ntare
TDB Group Vice President, and Deputy Managing Director
Ms. Joy Ntare, is Group Vice President, and Deputy Managing Director of TDB Group. She joined 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)
David Bamlango
TDB Group Vice President, Deputy Managing Director, and General Counsel
Mr. David Bamlango, is Group Vice President, Deputy Managing Director, and General Counsel of TDB Group. Mr. Bamlango has over 15 years of experience as a corporate lawyer in leveraged finance, project finance, debt capital markets, structured finance, and derivatives. Prior to his appointment at TDB, Mr. Bamlango was Partner in the Finance Practice Group at DLA Piper and an Associate in the Finance and Banking Group at Mayer Brown LLP in Chicago before that. Mr. Bamlango has a Juris Doctor from Chicago-Kent College of Law, at the Illinois Institute of Technology, and holds a Master's in Business Law from Universite Paris 1 Pantheon-Sorbonne, a License in law from Universite Lille 2, and a Graduate in Law (LLB) from Universite Libre des Pays des Grands Lacs. He is admitted to practice law in the State of New York and the State if Illinois.
Mohamed Kalif
TAMCO Director and Investment Committee Chairperson
Mr. Mohamed Kalif, is the former Head of Financial Intermediation and Inclusion at the African Development Bank (AfDB), which role covered commercial banks, insurance, leasing, regional development financial institutions, equity investments, and financial inclusion, including digital payment system throughout the African continent. Before joining the Financial Sector Development of the AfDB in 2010, Mohamed was the Chief Commercial Risk Officer of AfDB for seven years. Prior to joining the AfDB, Mr. Kalif was Head of Project and Construction Finance for a commercial bank in Dubai where he was responsible for the development of the bank's project finance activities throughout the Middle East including Saudi Arabia, Egypt, United Arab Emirates, Oman and India. He also served as a credit manager for one of the largest banks in Saudi Arabia for four years. Mr. Kalif has accumulated twenty-eight years of banking experience and corporate governance, including risk management, corporate banking and project finance lending in commercial banks, development financial sector, equity investment analysis, and evaluation and digital financial services environment.
Gloria Mamba
Chief Executive, TDB Asset Management SBU/ Chief Executive, ESAIF (Ad Int)
Ms. Mamba has over 20 years’ experience in financial services in Southern Africa with a focus on strategy development and execution, business development, due diligence, financial analysis and structuring, investment management, negotiation and risk management. Prior to her appointment, Ms. Mamba was an Associate Director at Deloitte Consulting based in Johannesburg. She has served in senior management roles at the Global Environment Fund, Development Bank of Southern Africa, and Blue Catalyst.
She has also served as a Board member for international industry associations (Africa Venture Capital Association, Emerging Markets Private Equity Association) as well as Investment Committee member for various fund entities and corporates. Ms. Mamba holds Master of International Management (with honours) from the Thunderbird, the American Graduate School of International Management and Bachelor of Arts (cum laude) from Barnard College (Columbia University).
Umulinga Karangwa
TDB Group Chief Investment Officer and TAMCO Executive Director
Ms. Umulinga Karangwa, CFA EIM & Co-Lead Asset Management, She has 2 decades of experience in financial services with a focus on investments in Africa. She has supported the TDB’s fund-raising efforts from institutional investors since late 2012.
ESATF and MTF board of directors
Admassu Yilma Tadesse
TDB Group President and Managing Director and Chairman of the TDB Group Executive Management Board.
Mr. Admassu Tadesse, is TDB Group President & Managing Director and Chairman of the TDB Group Executive Management Board. Prior to his appointment as President of TDB Bank in 2011, Mr. Tadesse served for 10 years with Development Bank of South Africa as EVP responsible for international finance and corporate strategy. He has also served in various capacities in international institutions and funds, mainly in Johannesburg and New York. He has served and continues to serve on several boards of directors, and is a member of the Institute of Bankers and Institute of Directors, South Africa. Mr. Tadesse holds an MSc from the London School of Economics, an MBA from Wits Business School, and trained at Harvard and INSEAD Business School in banking, private equity and executive leadership.
Veenay Rambarassah
Non-Executive Director
Mr. Veenay is Director of Investment at the National Pensions Fund of Mauritius, managing the portfolio of all the funds falling under the National Pensions Scheme. Prior to his service at the National Pensions Fund of Mauritius, Mr. Veenay was a Project Finance Manager for Ebene Cybercity Project in Mauritius.
He holds MSc. In Finance and Investment and ACCA designation and has over 20 years of experience, primarily in the finance and accounting field. He is the Non-Executive Director representing the constituency comprising All Other Shareholders.
Mohamed Kahiyeh Kalif
TAMCO Director and Investment Committee Chairperson
Mr. Mohamed Kalif, is the former Head of Financial Intermediation and Inclusion at the African Development Bank (AfDB), which role covered commercial banks, insurance, leasing, regional development financial institutions, equity investments, and financial inclusion, including digital payment system throughout the African continent. Before joining the Financial Sector Development of the AfDB in 2010, Mohamed was the Chief Commercial Risk Officer of AfDB for seven years. Prior to joining the AfDB, Mr. Kalif was Head of Project and Construction Finance for a commercial bank in Dubai where he was responsible for the development of the bank's project finance activities throughout the Middle East including Saudi Arabia, Egypt, United Arab Emirates, Oman and India. He also served as a credit manager for one of the largest banks in Saudi Arabia for four years. Mr. Kalif has accumulated twenty-eight years of banking experience and corporate governance, including risk management, corporate banking and project finance lending in commercial banks, development financial sector, equity investment analysis, and evaluation and digital financial services environment.
Joy Uwinema Ntare
TDB Group Vice President, and Deputy Managing Director
Ms. Joy Ntare, is Group Vice President, and Deputy Managing Director of TDB Group. She joined 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)
Rupert Horace Simeon
Head of Risk Management Department – Seychelles Commercial Bank
Mr. Rupert Horace Simeon is the Head of Risk Management Department at Seychelles Commercial Bank and is responsible for overseeing the Bank’s enterprise-wide risk management framework, including credit, market, liquidity, operational, and reputational risks. In this role, he provides independent risk oversight, supports strategic decision-making, and ensures that the Bank’s risk management practices align with regulatory requirements and sound corporate governance standards.
Mr. Simeon has over 30 years of professional experience spanning banking, public finance, investment promotion, and corporate governance. Prior to joining Seychelles Commercial Bank, he served as Finance and Business Development Manager at Ile Du Port Handling Services Ltd, where he contributed to strengthening governance and financial management practices.
He previously served as Chief Executive Officer of Société Seychelloise d’Investissement Ltd and Chief Executive Officer of the Seychelles Investment Board, where he played a key role in promoting investment and supporting national economic development initiatives. Earlier in his career, he held the position of Director General for Policy and Strategy at the Ministry of Finance, where he was responsible for tax policy, revenue strategy, and international tax matters.
Mr. Simeon holds a BA (Hons) in Banking, Insurance and Finance from the University of Wales and has served on several boards and public institutions in Seychelles.
Investor Relations & Marketing
Mary Kamari
Trade and Development Fund (TDF) Executive Director and TDB Group Executive, Corporate Affairs and Investor Relations
Ms. Kamari is part of the TDB team and she is responsible for stakeholder, shareholder and donor relations, as well as board operations at the Bank. Prior to joining TDB, she was Regional Project Director with UNOPS, and Senior Advisor, Resource Mobilisation and International Relations at the DBSA, where she served for close to 5 years. Furthermore, she was Managing Director for GoodWorks International in Rwanda, and a consultant to the World Bank. She holds an MBA from California State University.
Investment Committee
Mohamed Kalif
TAMCO Director and Investment Committee Chairperson
Mr. Mohamed Kalif, is the former Head of Financial Intermediation and Inclusion at the African Development Bank (AfDB), which role covered commercial banks, insurance, leasing, regional development financial institutions, equity investments, and financial inclusion, including digital payment system throughout the African continent. Before joining the Financial Sector Development of the AfDB in 2010, Mohamed was the Chief Commercial Risk Officer of AfDB for seven years. Prior to joining the AfDB, Mr. Kalif was Head of Project and Construction Finance for a commercial bank in Dubai where he was responsible for the development of the bank's project finance activities throughout the Middle East including Saudi Arabia, Egypt, United Arab Emirates, Oman and India. He also served as a credit manager for one of the largest banks in Saudi Arabia for four years. Mr. Kalif has accumulated twenty-eight years of banking experience and corporate governance, including risk management, corporate banking and project finance lending in commercial banks, development financial sector, equity investment analysis, and evaluation and digital financial services environment.
Vij Bheenick
TDB Group Senior Credit Analyst and TDB Captive Insurance Company (TCI) Insurance Operations Manager
Mr Bheenick has 13 years of experience in risk management, financial markets and investments. Prior to joining TDB, he worked Mauritius Commercial Bank, PSG Wealth and MauBank.
David Bamlango
TDB Group Vice President, Deputy Managing Director, and General Counsel
Mr. David Bamlango, is Group Vice President, Deputy Managing Director, and General Counsel of TDB Group. Mr. Bamlango has over 15 years of experience as a corporate lawyer in leveraged finance, project finance, debt capital markets, structured finance, and derivatives. Prior to his appointment at TDB, Mr. Bamlango was Partner in the Finance Practice Group at DLA Piper and an Associate in the Finance and Banking Group at Mayer Brown LLP in Chicago before that. Mr. Bamlango has a Juris Doctor from Chicago-Kent College of Law, at the Illinois Institute of Technology, and holds a Master's in Business Law from Universite Paris 1 Pantheon-Sorbonne, a License in law from Universite Lille 2, and a Graduate in Law (LLB) from Universite Libre des Pays des Grands Lacs. He is admitted to practice law in the State of New York and the State if Illinois.
Antonina Kayitesi
TDB Group Associate Group Executive, Finance and Treasury Departments
Ms. Kayitesi has 20 years of experience in finance and impact investing, with past roles at Ecobank, EY, and Women for Women International. She joined TDB in 2013 and has served on several financial institution boards. She holds an MBA, a BCom, and is a certified accountant.
Abraham WoldeMichael
Associate Executive, Enterprise-wide Risk Management
Mr. WoldeMichael has more than 20 years of experience in technology and financial services with institutions including IBM, the World Bank and Goldman Sachs.
Admir Imami
Senior Advisor Trade Finance Funds
Mr. Imami, has led, built and managed portfolios of trade finance assets for various investors, such as British International Investment, Fasanara Capital, Inpulse, Advance Global Capital, CFE, across markets such as the EU, Africa, South Asia, the US and LATAM
Umulinga Karangwa
TDB Group Chief Investment Officer and TAMCO Executive Director
Ms. Umulinga Karangwa, CFA EIM & Co-Lead Asset Management, She has 2 decades of experience in financial services with a focus on investments in Africa. She has supported the TDB’s fund-raising efforts from institutional investors since late 2012.
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