About Us

Admassu Tadesse

Mr. Tadesse is TDB Group President & Managing Director and Chairman of the TDB Group Executive Management Board. He co-chairs the boards of directors of TDB Group, the Trade and Development Fund (TDF), the TDB Captive Insurance Company (TCI), the TDB Fund Manager (ESATAL) and the ESA Trade Finance Fund (ESATF).

He serves on the governing organs of several global and continental industry bodies, notably the International Development Finance Club, Finance in Common and the Africa Investment Forum. He also serves as Chairman of the Board of Directors of Financial Sector Deepening Ethiopia, a-not-for-profit financial sector development agency. He is a member of the boards of directors of the Washington D.C.-based Corporate Council on Africa, ZEP-RE (PTA Reinsurance Company) and Gulf African Bank. In the past, he has also served on the boards of various development finance institutions/funds/associations in Paris, London and Geneva, as well as Johannesburg, Gaborone and Abidjan.

From 2012 to 2022, he led PTA Bank, and spearheaded its evolution into TDB Group. During the previous decade, he served as Executive Vice President at the Development Bank of Southern Africa, responsible for international finance and corporate strategy. He has also served with multilateral funding agencies in Johannesburg, Windhoek and New York in various capacities including executive, senior advisor, management consultant and economist, including at the United Nations.

He has been a member of the Institute of Directors of Mauritius/South Africa and the Institute of Bankers of South Africa/Kenya. An economist and banker, Mr. Tadesse qualified at the London School of Economics and Political Science, Wits Business School and Western University of Canada. He also trained in advanced management and banking at Harvard Business School and INSEAD, among others. He is a recipient of multiple industry awards, including African Banker of the Year, African Business Leader of the Year and African Development Banker of the Year.

David Bamlango

Mr. David Bamlango is Group Vice President, Deputy Managing Director, and General Counsel of TDB Group and is the Group’s Chief Legal Officer, advising TDB Group’s management and governing bodies on various legal, regulatory, and policy issues and leading its Legal Services Department. He co-chairs TDB Group’s Executive Management Board. He also serves as Co-Chair of several statutory committees of the Bank and provides senior and strategic oversight to TDB Group’s Asset Management business.

Mr. Bamlango has over 18 years of extensive experience as a banking, legal, and finance professional. Prior to his appointment at TDB Group, Mr. Bamlango was a Partner in the Finance Practice Group of DLA Piper LLP in Chicago, in the United States.

He is a member of several industry bodies and has served on numerous boards, including current service on the boards of TDB Group subsidiaries Eastern and Southern African Trade Advisers Limited (ESATAL) and Trade and Development Fund (TDF). He also serves on the global board of the Association of Corporate Counsel (ACC), the largest voluntary professional organization of in-house lawyers in the world with over 40,000 members, as a Director and Treasurer. He is an Independent Director and Board Chair for Congo Energy Solutions Limited, a Mauritius‑based solar-power development and distribution company operating in the Democratic Republic of Congo through its subsidiary Nuru S.A.R.L.

Mr. Bamlango holds a Juris Doctor degree from Chicago-Kent College of Law, at the Illinois Institute of Technology, and a master’s degree in business law from Université Paris 1 Panthéon-Sorbonne, a License in Law from Université Lille 2, and a Graduate in Law from Université Libre des Pays des Grands Lacs in Goma. He is admitted to practice law in the State of New York and the State of Illinois. He is fluent in English, French, Swahili, and Lingala.

Joy Ntare

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)

Vacant

Mr. Maheshwar Doorgakant

is a Fellow of the Institute of Chartered Accountants of England and Wales and is the Managing Director of Apex Fund Services (Mauritius) Ltd. Mr. Doorgakant holds a number of directorships on the boards of numerous India and Africa focused funds and companies through which he has acquired extensive experience and knowledge on key industries in India and Africa and their principal capital markets. Mr. Doorgakant is also President of the Executive Committee of the Association of Trust and Management Companies of Mauritius. Prior to joining Apex (Mauritius), he was the Group Financial Controller of a major listed group in Mauritius. He had previously managed another Mauritian management company specialising in the management and administration of global business companies.

Mr. Mahmad Tahleb Rujub

is a Fellow of the Association of Chartered Certified Accountants (ACCA), a member of the Mauritius Institute of Professional Accountants (MIPA) and the International Fiscal Association (IFA) (Mauritius Branch). He is Head of Tax Services at Apex Fund Services (Mauritius) Ltd. Mr. Rujub also holds other directorships on the boards of global business companies through which he has acquired extensive experience and knowledge on key industries. Prior to joining Apex (Mauritius), he held positions at the Mauritius Ministry of Labour, Industrial Relations and Employment and at a leading Offshore Management Company.

Mr. Mohamed Kalif

Mr. Khlaif 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.

Admassu Tadesse

Mr. Tadesse is TDB Group President & Managing Director and Chairman of the TDB Group Executive Management Board. He co-chairs the boards of directors of TDB Group, the Trade and Development Fund (TDF), the TDB Captive Insurance Company (TCI), the TDB Fund Manager (ESATAL) and the ESA Trade Finance Fund (ESATF).

He serves on the governing organs of several global and continental industry bodies, notably the International Development Finance Club, Finance in Common and the Africa Investment Forum. He also serves as Chairman of the Board of Directors of Financial Sector Deepening Ethiopia, a-not-for-profit financial sector development agency. He is a member of the boards of directors of the Washington D.C.-based Corporate Council on Africa, ZEP-RE (PTA Reinsurance Company) and Gulf African Bank. In the past, he has also served on the boards of various development finance institutions/funds/associations in Paris, London and Geneva, as well as Johannesburg, Gaborone and Abidjan.

From 2012 to 2022, he led PTA Bank, and spearheaded its evolution into TDB Group. During the previous decade, he served as Executive Vice President at the Development Bank of Southern Africa, responsible for international finance and corporate strategy. He has also served with multilateral funding agencies in Johannesburg, Windhoek and New York in various capacities including executive, senior advisor, management consultant and economist, including at the United Nations.

He has been a member of the Institute of Directors of Mauritius/South Africa and the Institute of Bankers of South Africa/Kenya. An economist and banker, Mr. Tadesse qualified at the London School of Economics and Political Science, Wits Business School and Western University of Canada. He also trained in advanced management and banking at Harvard Business School and INSEAD, among others. He is a recipient of multiple industry awards, including African Banker of the Year, African Business Leader of the Year and African Development Banker of the Year.

Abdel-Rahaman Taha

Dr. Taha holds a PhD in Business Administration from the University of California, Los Angeles and an MBA from the University of California, Berkeley. He has over 40 years’ experience in the management of regional multilateral development finance institutions focusing on trade finance and export credit and political risk insurance, covering African and other developing countries.

Dr. Taha previously served as the CEO of the Islamic Corporation for the Insurance of Investment and Export Credit. He currently sits on the board of The TDB Captive Insurance Company(TCI)

Busisiwe Alice Dlamini – Nsibande

Busisiwe Dlamini is an experienced macroeconomist with over 30 years of exposure and working as an economist; supervising and providing economic research on pertinent issues, analyzing domestic, regional, and international economic developments to inform authorities and policy makers to take informed policy decisions on different sectors of the economy.

Busisiwe worked at the Central Bank of Eswatini for 25 years eight of which as Director of the Economics department, providing updates on domestic, regional and international developments to the Bank’s executive committee and Bankers Association meetings.

She coordinated the monitoring and surveillance of the SADC macroeconomic convergence program to ensure economic stability in the region. (2008 to 2017)

Ms. Dlamini is currently a member of the Central Bank of Eswatini Monetary Policy Committee and advises on fiscal and monetary issues. She holds a Bachelor of Arts in Economics and Statistics from the University of Botswana and Swaziland and a master’s in economics from the University of Essex

She currently sits on the board of The TDB Captive Insurance Company(TCI)

Mrs. Hanjali Permalloo-Le Roux