John Bosco Sebabi
Deputy Chief Executive Officer, Pan-African Payment and Settlement System (PAPSS)
Mr. John Bosco Sebabi is the Deputy Chief Executive Officer of the Pan African Payment and Settlement System (PAPSS).
John Bosco holds a Msc in International Economics, Banking and Finance from Cardiff University, Cardiff, Wales (The United Kingdom), a Bsc in Economics and an Associate degree in Economics both from the University of Rwanda (formerly the National University of Rwanda) and a certificate in Financial Programming and Policy from the IMF. Bosco is also a fellow of the Fletcher Leadership Program for Financial Inclusion of the Fletcher School, Tufts University. He also holds an executive education certificate of the Advanced Management Program (AMP), a sandwich program from there prestigious Universities- Strathmore, Lagos and IESE business schools.
John Bosco comes with over 23 years of experience in the financial sector and was until joining Afreximbank a consultant with the World Bank regarding the establishment of the Africa Wide Payment Platform. John Bosco is the former chairman of Eastern and Southern African Trade and Development Bank-TDB (Formerly the PTA Bank) and the Rwanda Airports Company, and vice chairman of Cogebanque and to date serves on the Board of Bralirwa and Accessbank-Botswana.
Bosco served as the Deputy Director General of the Rwanda Social Security Board in charge of funds management, managing assets over $1 Billion in value (2014-2018). He was the Chief Operating Officer for the East Africa Commodity Exchange and prior to this, Bosco was the Director General of the Operations Directorate at the National Bank of Rwanda where he had a successful career spanning 13 years. He joined the Bank as a Foreign Exchange Analyst and rapidly progressed to Director, Payment Systems and to Director General, Operations. One of his notable achievements was spearheading the Bank’s payment systems modernization program. Notably, the implementation of the Rwanda Integrated Payments Processing System (RIPPS), the Central Securities Depository, mobile payments, and remittances.
At a regional level, Bosco was instrumental in the implementation of the Regional Payment and Settlement System (REPSS) of the COMESA region and the East African Payment System (EAPS) in the East African region.
As a seasoned banker, Bosco has served as a key resource person on several Boards, Committees and Task Forces. Bosco was a member of the G25 Panel of experts that was constituted by the World Bank to set guidelines for successful regional integration of Financial Infrastructures. Bosco is an ardent squash player, swimmer, and a leisurely golfer. He is married and a father of five (four daughters and one son).