
It is confirmed, Housing Finance Bank Managing Director, Mathias Katamba has resigned his job and is headed to dfcu Bank to replace Juma Kisaame whose 10 year’s career at dfcu Bank is coming to an end.
Katamba will be replaced by Michael Karokora Mugabi the former Executive Director at Housing Finance Bank in acting capacity, according to a press statement and internal memo by the bank’s Board Chairman, Mr. David Opio Okello.
Last week, we wrote about the planned moves in the industry, basing on deep insider sources at the two banks, but both Juma Kisaame and Mathias Katamba refused to comment when approached. Neither did Jimmy Mugerwa and Elly Karuhanga, the respective board Chairmen of dfcu Bank and dfcu Limited.
Sources close to both Housing Finance Bank and dfcu told this website that “it is true Mathias will be heading to dfcu Bank and it will be announced soon.

