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Ngabonziza (Eric) Karekezi

Ngabonziza (Eric) Karekezi

Head of Market Development, Capital Market Authority (CMA)

As Head of Market Development at the Capital Market Authority, I drive initiatives to deepen, diversify, and modernize capital markets as engines of sustainable economic growth. With over 20 years of experience spanning JP Morgan, HSBC, BNP Paribas, UBS, and regulatory roles at the National Bank of Rwanda, I specialize in building market infrastructure that connects capital with productive investment opportunities.
My focus centers on strengthening institutional frameworks—from regulatory modernization and digital infrastructure to issuer development and investor protection—while championing fintech innovation and open finance to enhance market accessibility and transparency.
Through strategic partnerships with development finance institutions, regional regulators, and market participants, I work across the full ecosystem to create deeper, more transparent markets that advance ESG principles, financial inclusion, and the jurisdiction's competitiveness within regional and global financial systems.