United Bank for Africa (UBA) Uganda Limited has appointed Rita Mitala Balaka as the new Chairperson of its Board of Directors.
Balaka is an experienced governance, risk and financial management professional with more than 30 years of leadership experience in regional and international financial institutions.
Throughout her career, she has led strategic initiatives, championed organisational transformation and strengthened governance and regulatory compliance.
The bank said her appointment comes with extensive experience in board leadership, executive coaching and strategic advisory, positioning her to guide UBA Uganda through its next phase of growth.
UBA said Balaka will play a key role in advancing the bank’s strategic priorities while ensuring continued value creation for customers, shareholders and other stakeholders. The bank also reaffirmed its commitment to innovation, sustainable growth and excellence in banking under her leadership.
Mrs. Balaka takes over from Musthafa Sebaggala Kigozi, who has served as Board Chairperson and is credited with providing strong leadership and strategic direction that strengthened the bank’s governance and growth. UBA thanked him for his dedicated service and contribution to the institution. Welcoming the new Board Chairperson, the bank expressed confidence that her experience and leadership will help UBA Uganda build on its achievements and continue delivering quality banking services while contributing to Uganda’s economic development
