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NCBA Bank Rwanda has announced the appointment of Maurice Toroitich as its Managing Director. The appointment brings to the helm a veteran of the banking industry, whose leadership spans nearly three decades of transformative banking and leadership in East Africa.
Maurice is recognized for his pioneering work as the founding CEO of KCB Bank Rwanda, where he was instrumental in shaping the bank’s market presence and operational foundation. His tenure as Managing Director of BPR Bank Rwanda further cemented his reputation, having successfully overseen its evolution into one of the country’s leading financial institutions. He has also previously served as Chair of the Rwanda Bankers Association.
“Maurice’s track record speaks volumes. He joins us at a time when we are deepening our efforts in corporate banking and expanding our retail footprint. With his leadership, we look forward to accelerating the bank’s growth trajectory and delivering enhanced value to our customers and shareholders,” Dr. Benjamin Rugangazi, Chairman of NCBA Bank Rwanda’s Board of Directors, said.
Maurice’s expertise as a Certified Public Accountant and Associate of the Chartered Institute of Bankers is complemented by his academic credentials. He holds an MBA from Strathmore University and a Bachelor of Commerce from the University of Nairobi. As a certified Executive Coach, Maurice is passionate about empowering teams and fostering a culture of excellence.
Maurice’s leadership is rooted in transformative strategies and a commitment to robust governance, which resonate with NCBA Bank Rwanda’s mission to drive financial inclusion and innovation.
In his first remarks as Managing Director, Maurice shared a forward-looking vision: “I am excited to build on the great work my predecessors have done and on the bank’s strong foundation as we steer NCBA Rwanda into the next phase of growth. I look forward to working closely with the team at NCBA and the wider financial sector in Rwanda to deliver sustainable value for all stakeholders and the country at large.”
The announcement signals a confident step forward for NCBA Bank Rwanda as it aims to redefine its role in the market, fostering resilience and innovation in an increasingly competitive financial landscape.