Stanbic Bank, Uganda’s largest bank, by assets, lending, deposits and profit, has picked Emma Mugisha as its Executive Director, a credible source at the bank confirms. However, her ascension to the role is dependent on the Bank of Uganda’s approval. The Executive Director role is a de facto No.2 position in the bank. According to sources within the bank, she will still retain her Head, Corporate and Investment Banking (CIB), since December 2018. CIB is a lucrative part of the Stanbic Uganda business that generates about 41% of revenue for the bank. The business unit includes services to governments, parastatals,…
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