By Our Reporter

Patrick Mweheire, the CEO of Stanbic Bank Uganda has achieved global recognition after winning the Ai 50 SRI CEO of the year at the 9th annual African Investor awards held recently in New York.

Launched in 2007, the Africa Investor (Ai) Institutional Investment and Capital Market Awards are based on the African Investor Index Series and are the only pan-African Awards designed to recognize Africa’s best performing stock exchanges, listed companies, investment banks, business leaders, research teams, regulators, socially responsible companies and sovereign wealth and pension fund investors.

Africa investor’s Ai100 and Ai40 Investors’ indices capture the top 40 and 100 of the largest and most liquid publicly-traded stocks across Africa, ranking them by market capitalization and by liquidity. Ai also produces the pan-African Socially Responsible Investment (SRI) Indices, the Ai SRI 50 and Ai SRI 30, which were launched in 2006 in association with the United Nations.

Accepting the award Patrick noted that it was a team effort and worthy recognition for Uganda and ultimately for the bank.

“I would like to thank our outstanding teams for their commitment and dedication which has elevated our business to the next level and led to the remarkable achievement of this award.  This confirms that our customer centric strategy focused on delivering industry leading and cost effective product solutions for our customers is making a real difference. I am additionally pleased because these global awards raise Uganda’s investment profile with significant benefits in attracting Foreign Direct Investment,

About the Author

Nyambura is a senior journalist based in Kampala

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