EXCLUSIVE: Stanbic spins off its Business Incubator programme into an autonomous entity; Tony Otoa appointed its first Executive Director

Stanbic Uganda Holdings Limited (SUHL), has appointed Mr. Tony Okao Otoa as the Executive Director of their new subsidiary- The Stanbic Business Incubator Ltd, CEO East Africa can exclusively reveal. As the Executive Director, Otoa will lead the institutions key mandate of providing capacity building and development support to small and medium enterprises to enable them grow. Until last month, Otoa was the Head, Enterprise Development at Stanbic Bank, a role he has played since June 2018. In that role, he run the Stanbic Business Incubator Programme- the bank’s social enterprise project that teaches Ugandan businesses how to do business…