Cairo Bank Uganda has bid farewell to their Managing Director Ahmad Maher Nada, who will be leaving the Bank at the end of the year following the expiry of his contract. Maher will be taking on a new assignment with Banque Du Caire in Egypt.
Speaking during the event, Ahmad said; “The decision to leave the bank after three and a half years is one that I reached after much reflection. It has been my utmost privilege working with the dedicated Board, Management and Staff of Cairo Bank. I am proud of all we have accomplished together in service of our customers.
He also added that Sylvia Jagwe Owachi, the Executive Director would be the Ag. Managing Director.
Speaking on behalf of Management and Staff, Owachi, thanked Ahmad Maher for his dedication and service over the past three and a half years which were transformational for the Bank. She noted that: “The past 2 years had posed significant challenges globally because of the Covid-19 pandemic, and we credit Mr. Ahmad Maher for the great leadership that has brought the bank this far. He leaves the Bank in a better position i.e. with a rebranded Bank, new core banking system, more new and refined products to enable us serve our customers better under our brand promise Growing with You. We wish him all the best in his future endeavours.”
The Cairo Bank board, management and employees thanked Ahmed for his contribution towards the growth of Cairo bank Uganda and wished him all the best in his next journey.
About Cairo Bank Uganda
More Than Paint: How Kansai Plascon Uganda is Colouring Futures and Building CommunityCairo Bank Uganda Limited is a financial service provider licensed by the Central Bank of Uganda, focusing on serving Small and Medium Enterprises (SMEs).
Cairo Bank Uganda Limited was incorporated on 11th July, 1994. The Bank was formerly known as Cairo International Bank owned by the three leading Egyptian Banks namely; Banque Du Caire, Bank Misr and National Bank of Egypt.
In 2019, it became a fully owned subsidiary of Banque Du Caire (BDC). The shareholder consolidation in 2019 was on the back of expanding its presence across Africa.
Effective 1st September 2020, Cairo International Bank rebranded to Cairo Bank Uganda Limited. The change in name came with a brand new logo, a change in colors and a revised brand promise “Growing with you”. This is a culmination of a process that started in 2019 when our shareholder Banque Du Caire (BDC) acquired 100% shareholding in the Bank.
Currently the bank serves over 15,724 customers in 7 branches.
