Kenya Airways has appointed Habil Waswani as Acting Group Managing Director and Chief Executive Officer following the resignation of Capt. Allan Kilavuka. Waswani will assume the role on 15 September 2026 and serve on an interim basis for 30 days as the airline begins the process of recruiting a substantive Group Managing Director and CEO….
Housing Finance Bank has appointed Dorothy Namutebi as its new Head of Mortgage and Consumer Banking. Namutebi joins the role with more than 22 years of experience in the banking industry, having worked across mortgage banking, retail banking and sustainability. She will lead the Bank’s mortgage and consumer banking business, with responsibility for driving growth,…
United Bank for Africa Plc (UBA) has appointed Emmanuel N. Nnorom as its new Group Chairman, bringing back to the top of the bank’s leadership a veteran executive with more than 40 years of experience in business and finance. Nnorom, a chartered accountant, has spent more than eight years in senior leadership roles within the…
The Uganda shilling posted a modest appreciation in today’s trading session, supported by muted dollar demand in the interbank market, according to Thursday Absa Bank market report. The local currency also benefited from sustained inflows from remittances and the commodities sector, closing at 3715 / 3725, firmer than the previous session’s close of 3720 /…
NIC Holdings Limited has appointed Professor Samuel Sejjaka and Simon Kusiima Mwebaze as Non-Executive Directors, in a change that also sees two directors leave the company’s board. Sejjaka and Mwebaze join the board with experience in corporate governance, finance, investment management and strategic leadership. The company says their experience will add to the board’s oversight…
UBA Uganda is on the move to strengthen its Board of Directors with the appointment of Godwin Orumwense Ize-Iyamu and Harriet Nabakooza Musoke Non-Executive Directors. The appointments bring more than six decades of combined experience in banking, financial services, corporate finance, accounting, corporate governance and strategic leadership to the bank’s board. Ize-Iyamu joins the UBA…
Housing Finance Bank has appointed Robert M. Kusiima Mugabe as its new Chief Operations Officer (COO), bringing more than 18 years of banking experience to the role as the Bank steps up efforts to improve efficiency, strengthen its operations and expand digital services. Robert has worked across several areas of banking, including operations, treasury, balance…
Martha Alle Mwesigye/ Courtesy photo Opportunity Bank Uganda has appointed Martha Alle Mwesigye to its Board of Directors, bringing more than 16 years of experience in leadership, organisational management and corporate governance. Mwesigye joins the Board as the bank continues to grow its business, strengthen its operations and widen access to financial services. She has…
Financial Sector Deepening (FSD) Uganda has appointed Zerubabel Kwebiiha Junior as its new Chief Executive Officer, effective August 3, 2026. Kwebiiha joins the organisation with more than 17 years of experience in financial inclusion, digital innovation and private sector development across Africa. He takes over at a time when efforts to expand access to financial…
Speculation that Centenary Group might soon widen its shareholder base, possibly by offloading a stake of 5% to 10% to outside investors, has been circulating in the press for months. But a follow up on the matter this week with new managing director Godfrey Byekwaso and outgoing managing director Fabian Kasi revealed the move is…
