Establishment
The Capital Market Advisory Council [CMAC] was established by the Prime Minister’s decree of March 2007, to guide in the development of a capital market in Rwanda.
The Council
The board of Capital Market Advisory Council consists of 11 non-executive directors representing different interest groups appointed by the Minister of Finance. The board works through periodic board and committee meetings and is answerable to the Minister of Finance.
Secretariat.
The day to day business of CMAC is run by the management headed by an Executive director and senior technical staff housed at the CMAC secretariat on 5th Floor Ecobank Building in Kigali.view composition of the current board
