The Board of Directors of the Rwanda Capital Markets Authority (CMA) appointed Eric Ngabonziza Karekezi as Acting Chief Executive Officer with immediate effect, to maintain leadership continuity while the Board proceeds with the selection and appointment of a permanent Chief Executive Officer. Karekezi most recently served as CMA’s Head of Market Development and has more than 20 years of experience across financial institutions and public-sector roles, including positions at J.P. Morgan, HSBC, BNP Paribas and UBS covering market infrastructure, securities services, custody operations, innovative financing and digital finance. Before joining CMA, he was a Technical Advisor in the Office of the Deputy Governor at the National Bank of Rwanda, supporting digital transformation and market development work including Central Bank Digital Currency and broader digital finance strategy. The Board is continuing its process to select and appoint a permanent Chief Executive Officer.