Equity Bank Uganda, a subsidiary of Equity Group Holdings Plc, has announced the appointment of Claver Serumaga as the Executive Director. He is a seasoned banker with over 20 years of experience in the banking industry. He will be responsible for providing strategic leadership and driving the growth of the bank’s Commercial Banking Division. He…
Absa Bank Uganda is pleased to announce the appointment of David Wandera as Managing Director, effective 5 May 2025, following the necessary regulatory approval from the Bank of Uganda. David is an accomplished banker with over 20 years of diverse experience in business leadership, financial management, strategy and stakeholder engagement. Prior to this appointment, he…
Absa Uganda’s Board of Directors has announced the appointment of Keith Kalyegira as the new Chairman of the Board, effective 1 March 2025. Keith is a highly respected and seasoned advisor on strategy, investments, and capital markets, with a wealth of experience cutting across both the public and private sectors. Keith previously served as the…
Absa Bank Uganda is pleased to announce the appointment of Moses Rutahigwa as Retail and Business Banking Director, effective 02 May 2025. With 17 years of extensive experience in the banking sector, Moses joins Absa from Standard Chartered Bank Botswana, where he served as Head of Wealth and Retail Banking. His appointment reaffirms Absa’s commitment…
Absa Group Limited today announced that its board of directors has appointed Kenny Fihla, a senior financial services executive with 20 years of experience, as its new Group Chief Executive Officer, effective 17 June 2025, subject to regulatory approval. “Kenny is a recognised leader with substantial Pan-African banking experience, has relationships across the banking and financial…
Equity Bank Uganda, a subsidiary of Equity Group Holdings Plc has announced the appointment of Gift Shoko as Managing Director. Mr. Shoko is a seasoned banker with over 26 years of experience in the banking industry. He has a rich background in commercial multi-regional banking and leadership across Southern and Eastern Africa. Prior to his…
Absa Bank Uganda has announced the appointment of David Wandera as the Interim Managing Director. He takesover from Mumba Kalifungwa who was recently appointed to head Stanbic Bank.David has over 20 years of experience in the banking sector, with a strong track record in leadership, strategic initiatives, and financial management. He has a deep understanding…
Stanbic Bank Uganda has appointed Mumba Kenneth Kalifungwa as chief executive officer and board member, effective March 1, 2025, following regulatory approval. Mumba, who has nearly 30 years of professional experience, including 20 years in senior banking roles, has worked in Botswana, Zambia, and Uganda. Mumba has focused his career on business development, risk management,…
The World Bank Group has named Dr. James Mwangi, Managing Director and CEO of Equity Group Holdings, to its newly established High-Level Advisory Council on Jobs. The council, launched during the 2024 World Bank Group-IMF Annual Meetings in Washington, D.C., brings together global leaders to tackle the growing employment crisis in developing and emerging economies….
The World Trade Organization’s General Council unanimously reappointed Ngozi Okonjo-Iweala as Director-General for a second four-year term, commencing on September 1, 2025. The decision, finalized on November 29, underscores widespread acknowledgment of her leadership and strategic direction for the global trade body. The reappointment process, initiated on October 8, 2024, was chaired by Ambassador Petter…
