All Eyes on Godfrey Sebaana as DTB Uganda’s Decade-Long Growth Trajectory Pauses in His First Year as CEO As the dust settles on DTB Uganda’s first year under Godfrey Ssebana’s leadership, the bank stands at a crossroads—anchored by its strong fundamentals yet battling fierce competition in the unforgiving top-10 league. The next 12 months will test whether Ssebana’s recalibration can transform DTB from a bank in retreat to a bank in resurgence. The clock is ticking.

Diamond Trust Bank Uganda Limited (DTB Uganda) reported a mixed financial performance for the year ended December 31, 2024, marking a significant inflexion point in its decade-plus-long growth story. After more than ten years of uninterrupted growth, the bank’s key performance metrics dipped in 2024, coinciding with the leadership transition that saw Godfrey Sebaana take office as the new Managing Director and CEO in April 2024. Customer Deposits: A Sharp Reversal from a Decade of Steady Growth DTB Uganda’s customer deposits declined by 5.1% to UGX 2.094 trillion in 2024, down from UGX 2.207 trillion in 2023. This marks the…