Strategic, and Purpose-Driven: Veronicah Namagembe, the Steady Hand Behind Pride Bank’s Rise From humble beginnings as a micro-lender, Pride Bank has grown into one of Uganda’s most impactful Tier II banks. Behind this transformation stands Veronicah Namagembe, a steady and purpose-driven leader whose vision for inclusive, last-mile banking is quietly rewriting Uganda’s financial inclusion story.

Earlier this month, Pride Microfinance Limited, Uganda’s largest Microfinance Deposit-Taking Institution (MDI), officially transitioned into a Tier II banking institution, earning the regulatory nod to operate as Pride Bank Limited. The milestone, confirmed by the Bank of Uganda in November 2024 through the granting of a Class 5 Credit Institution License, ushers Pride into the formal banking arena, widening its service offerings and deepening its reach. But behind the headlines, there is one story that has not been told enough — the story of Namagembe Veronicah Gladys, the woman who has led Pride from a modest MDI into one of…