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Rwanda Names Gatete Central Bank Chief, Succeeding Kanimba

May 8 (Bloomberg) -- Rwandan President Paul Kagame named Claver Gatete as the African country’s new central-bank governor in a “re-shuffle” of senior officials.

The former governor, Francois Kanimba, was named the new minister of trade and industry, according to the government website. Monique Nzanzabaganwa, the minister of trade and industry, took Gatete’s former role as vice-governor of the central bank. The appointments were made May 6.

Formal swearing-in ceremonies will take place next week before officials in the East African country take up their new posts, according to Kanimba.

“Change will sometimes bring new things, new visions,” the governor said May 8 in a phone interview from the capital, Kigali. “I hope that I will be in a position to deliver.”

A former World Bank senior economist, Kanimba was the bank’s vice-governor in 2000, and began his first six-year term as governor two years later. His new appointment comes about halfway through his second term.

Gatete, a former ambassador to the United Kingdom, was reached by mobile phone today, but said he was not available for comment.

To contact the reporter on this story: Heather Murdock in Kigali via Nairobi at pmrichardson@bloomberg.net.

To contact the editor responsible for this story: Paul Richardson at pmrichardson@bloomberg.net.

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