Uganda Baati Limited Chief Executive Officer George Arodi has left the company after concluding his tenure on October 21, 2026, with Head of Human Resources and Administration Amon Aruho set to oversee operations as the company prepares to appoint his successor. In a statement issued on Thursday, the steel manufacturer said Aruho would oversee the…
Milton Ugandan senior commercial and marketing leader George Milton Mukula has been appointed Commercial & Product Development Lead at MMD Steel Group, an African steel manufacturing group with operations across multiple African markets, marking a major step in his career from East African commercial leadership into a broader Pan-African mandate. Mukula will be based in…
NCBA Bank Uganda has appointed Brian Mwine Rutemberwa as its Chief Information Security Officer (CISO), as the bank moves to strengthen its information security and cybersecurity functions. Rutemberwa joins the bank with more than 20 years of experience in technology and cybersecurity, having worked across banking, financial services, telecommunications, and other corporate environments. He has…
Old Mutual Insurance Uganda Limited has appointed Peter Mukuru as a director on its Board, bringing more than 22 years of experience across corporate governance, strategy, risk management and technology. Mukuru has held senior leadership positions in government agencies, regulatory bodies, utilities, multilateral development institutions and private-sector organisations in Uganda. His experience covers enterprise risk…
The East African Development Bank (EADB’s) decision to appoint Anne Juuko as Director General, effective October 2, 2026, brings an end to a leadership vacuum that lasted nearly two years and exposed weaknesses in the recruitment process for one of the region’s key development finance institutions. What should have been a routine succession after Vivienne…
Stanbic Bank Uganda has appointed Diana Agaba Tukundane as Chief Information Security Officer (CISO) and a member of the bank’s Executive Committee. Agaba Tukundane has nearly 20 years of experience in cybersecurity and has been involved in strengthening the bank’s cyber resilience and protecting customer information. Her appointment comes as banks continue to expand digital…
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 /…
